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Diamond makes 'substantial progress' on Comcast deal for MLB

Baseball fans with Comcast subscriptions who have been unable to watch their teams for most of this season might be in for some good news.

Diamond Sports Group, the bankrupt operator of Bally Sports channels, said in a status conference Wednesday that it has made "substantial progress" on a deal with Comcast, a development that could get baseball games back on the air throughout the country.

Diamond, 16 months into Chapter 11 restructuring, had a confirmation hearing scheduled for early next week but asked Judge Chris Lopez for more time in hopes of finalizing a new deal with Comcast, as well as the NBA and the NHL.