A federal bankruptcy judge has ordered Diamond Sports to pay the full value of its media contracts to the Diamondbacks, Guardians, Twins and Rangers.
A federal bankruptcy judge has ordered Diamond Sports to pay the full value of its media contracts to the Arizona Diamondbacks, Cleveland Guardians, Minnesota Twins and Texas Rangers.Diamond Sports, which owns 19 networks under the Bally Sports banner, hasAPIn April, the judge ruled Diamond to pay half of what the teams were owed in rights fees.
“I think the contract rate is the right answer here,” said Lopez in using his decision after two marathon days of testimony.
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