A hearing is scheduled for Thursday morning in Federal Bankruptcy Court to decide whether Diamond Sports Group’s plan to emerge from Chapter 11 bankruptcy will be approved. On the eve of that hearing, the Detroit Tigers and Tampa Bay Rays have reached agreement with Diamond on a broadcast deal, with exact terms yet unknown.
MLB withdrew it’s objection to Diamond’s plan, leaving the US Trustee as the only remaining objection to overcome at the court hearing, which could take two days.
What is known is that there are now six teams going back to Diamond, which is now under the FanDuel sports label that was formerly branded as Bally Sports.