• Loading stock data...
Tuesday, March 3, 2026

Bankruptcy Judge Approves NBA, Bally Sports Deal, But It’s Complicated

  • Under the plan, Bally Sports will carry NBA games through the end of 2023-24, when the media rights will revert to the league.
  • The NHL reportedly has a similar deal, but MLB and Sinclair Broadcasting Group are balking.
A view of a game ball and the Bally Sports logo on the stanchion post before the game between the Dallas Mavericks and the Orlando Magic at the American Airlines Center.
Jerome Miron-USA TODAY Sports

On Wednesday, a federal bankruptcy approved a deal between the NBA and Diamond Sports Group to allow the latter’s Bally Sports to carry the league’s games through the end of the 2023-24 season before handing local media rights back to the league.

It’s the culmination of an agreement reached by the two sides earlier in November, and a similar deal between the NHL and DSG is expected to be approved as early as Friday, per Awful Announcing. Financial terms of the deals were not disclosed.

However, the ordeal might not be over just yet: MLB and Sinclair Broadcast Group — DSG’s parent — both motioned to object to the deals, as the baseball league is reportedly not happy with the terms of its proposed pact with DSG and does not want to feel pressured into signing it.

The NBA was operating under a Nov. 30 deadline to get a deal done, and the NHL may be as well. Assuming all the transactions come to pass — including MLB’s — Bally Sports will continue to televise games for all three leagues through 2024, after which the media rights will revert to their respective leagues.

It would appear to be the end times for regional sports networks — or at least for those attached to DSG — and sports teams are beginning to look to a future without them. The Minnesota Twins, Arizona Coyotes, and San Diego Padres are among the teams that have already cut ties.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Another Young Pirates Phenom, Another High-Stakes Decision

The Pittsburgh teenage phenom is turning heads despite his young age.
Feb 18, 2026; Milan, Italy; Sidney Crosby of Canada walks out to the ice before a men's ice hockey quarterfinal during the Milano Cortina 2026 Olympic Winter Games at Milano Santagiulia Ice Hockey Arena

NHL Hit With Rash of Post-Olympics Injuries

Long-term injuries in Milan have also affected the PWHL.
Sep 28, 2025; San Diego, California, USA; San Diego Padres third baseman Manny Machado (13), left, and Jackson Merrill (3) celebrate after scoring during the first inning against the Arizona Diamondbacks at Petco Park.

Drew Brees, Joe Lacob Among Interested Padres Suitors

A record-setting deal could be in place by Opening Day.

Featured Today

Dec 25, 2025; Denver, Colorado, USA; Denver Nuggets forward Spencer Jones (21) reacts against the Minnesota Timberwolves during the second half at Ball Arena.

Young Athletes Have Entered Their LinkedIn Era

Athletes can’t play forever. Some are laying the groundwork for Act 2.
[Subscription Customers Only] Jun 15, 2025; Seattle, Washington, USA; Botafogo owner John Textor inside the stadium before the match during a group stage match of the 2025 FIFA Club World Cup at Lumen Field.
February 27, 2026

The American Sports Owners Feuding Over a French Soccer Team

John Textor is at odds with Michele Kang and investment giant Ares.
[Subscription Customers Only] Jul 13, 2025; East Rutherford, New Jersey, USA; Chelsea FC midfielder Cole Palmer (10) celebrates winning the final of the 2025 FIFA Club World Cup at MetLife Stadium
February 21, 2026

Soccer’s ‘Crown Jewels’ Are Devouring Smaller Clubs

Mega conglomerates are feeding a big business machine. Fans are furious.
Feb 10, 2026; Cortina d'Ampezzo, Italy; Cory Thiesse and Korey Dropkin of the United States during the curling mixed doubles gold medal game during the Milano Cortina 2026 Olympic Winter Games at Cortina Curling Olympic Stadium
February 20, 2026

Curling Clubs Are Swept Up in Olympics Fever. Can It Last?

Every four years, organizations field an influx of curling-curious patrons.

ESPN Exec: Caitlin Clark Is ‘Gateway Drug’ to Women’s Sports 

ESPN said Clark drew fans but growth extends beyond her star power.
Speaking to Front Office Sports, Chad 'Ochocinco' Johnson revealed why he stood by Shannon Sharpe following his sexual assault allegations.
March 2, 2026

Chad ‘Ochocinco’ Johnson Reveals Why He Stood by Shannon Sharpe

Johnson said sticking by the Hall of Fame tight end was “an easy decision.”
CBS Sports THE NFL TODAY+ on September 14, 2025. Pictured (L-R): Antonio Pierce, Kyle Long, Amanda Guerra, Bill Cowher, and Nate Burleson. CBS Sports THE NFL TODAY+ on September 14, 2025. Pictured (L-R): Antonio Pierce, Kyle Long, Amanda Guerra, Bill Cowher, and Nate Burleson. Photo:
March 2, 2026

Paramount Plans to Merge Streaming Service with HBO Max After WBD Deal..

The combined service will start with about 200 million subscribers.
Sponsored

From USWNT Star to NWSL Franchise Founder

Leslie Osborne, former USWNT midfielder, shares how athletes are moving from the pitch to the ownership table.
Nov 16, 2024; New York, NY, USA; President-elect Donald Trump speaks with Dana White (left) during UFC 309 at Madison Square Garden.
February 28, 2026

How Much of UFC White House Bonanza Will Air on CBS?

Dana White publicly indicated the show will have a presence on CBS.
Feb 6, 2026; San Francisco, CA, USA; Pat McAfee on the Pat McAfee Show set at the Super Bowl LX media center at the Moscone Center. Mandatory Credit: Kirby Lee-Imagn Images
opinion
February 27, 2026

Nobody Is Playing Guest Game Better Than Pat McAfee

McAfee makes clear to guests he’s on their side.
CBS Sports
February 27, 2026

What a Paramount-WBD Sports Portfolio Would Look Like

The combined entity would hold rights to nearly every major U.S. pro league.
U.S. Sen. Elizabeth Warren, D-Mass., makes a point during her town hall Saturday at Nevins Hall in Framingham's Memorial Building, Feb. 22, 2025. Warren discussed her thoughts on the Trump administration's recent actions and how she plans to fight back against policies that she feels hurt Massachusetts families.
February 27, 2026

WBD-Paramount Deal Sets Up Partisan Regulatory Fight

The landmark media merger will be at the heart of a political battle.