Bally Sports owner heading toward bankruptcy, report says

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If the company that operates Bally Sports Ohio, Bally Sports Great Lakes and 19 other regional sports networks around the country declares bankruptcy, teams risk losing pivotal revenue from broadcast rights fees.

Sinclair-owned Bally Sports Ohio and Bally Sports Great Lakes are the television homes of the Cleveland Cavaliers and Cleveland Indians.CLEVELAND, Ohio -- The local sports broadcast landscape could look a lot different in several months.

That’s because Diamond Sports Group, the company that operates Bally Sports Ohio, Bally Sports Great Lakes and 19 other regional sports networks around the country, is preparing for bankruptcy,. If that happens, teams risk losing pivotal revenue from broadcast rights fees. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

 

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Thank the lord 🙏 maybe I can watch the cavs on an app that isn't complete shit

BallySportsCLE hahaha cope, looks like us in market homes get our games/teams back

ahhhhhhh sinclair — couldn’t happen to a better company 😊

It never made sense and the teams should’ve demanded that in market homes be able to watch the games. I would never purchase their app because of their black out rules. I haven’t watched the Guards or Cavs except the rare National broadcast.

Maybe their business model should account for providing broadcasts for the markets they operate in. Not being able to watch Cleveland teams if you live in Cleveland will kill Bally Sports and is damaging those sports franchises for an entire generation.

Their app is complete trash. Let the Guards go to another bidder.

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