• Loading stock data...
Wednesday, April 17, 2024
  • -
  • -
  • -
  • -

Coyotes Press DSG For Nearly $18M In Unpaid Rights Fees

  • NHL club makes formal claim in bankruptcy court
  • More clues on embattled DSG reorganization effort expected in November
Joe Camporeale-USA TODAY Sports

The relationship between the bankrupt Diamond Sports Group and the Arizona Coyotes has already been severed by a court, but is still not over yet. 

Less than a month after the bankrupt parent of Bally Sports rejected its local rights to the NHL club, ushering in a dramatic new era in Phoenix sports television, the Coyotes filed a formal claim with a U.S. bankruptcy court in Texas for $17.9 million in unpaid rights fees. 

The claim is similar to one for $24.6 million that the Coyotes’ crosstown neighbor, MLB’s Arizona Diamondbacks, filed with the court in August, less than four weeks after their rights were also dropped by DSG. Both clubs, however, will face an uphill climb recouping most, if not all, of that money. 

The teams’ repayment claims are considered unsecured debt — and such claims in bankruptcy proceedings are often repaid at a small fraction of the original value. 

Mounting Pressures

The Coyotes’ claim is just the latest in a growing series of pressures on DSG as it seeks to reorganize. 

DSG continues to fight a multipronged struggle against its creditors, leagues, distributors, and even its own parent company, Sinclair Inc. More clues on that reorganization effort are expected in the next month as Sinclair reports its next set of quarterly earnings on Nov. 1 and DSG follows suit on Nov. 28.

The Coyotes have finalized plans with Scripps Sports to show their games locally on that company’s Antenna TV network.

Copy Link
Link Copied
Link Copied

What to Read

Chicago’s Sports Media About to Experience a Major Shake-Up

Three Chicago pro teams’ media rights could shift to Stadium as soon as this fall.

To Sum Up Current Commanders, Coyotes Situations: It’s Complicated

The Commanders hire a Capitol Hill insider as the team continues its stadium pursuit.

For Caitlin Clark and Other Rookies: Now a 29-Day Sprint to WNBA Debut

The league regular season starts swiftly after college basketball ends.

Star-Studded NBA Play-In a Potential Ratings Boon for ESPN and TNT

The initial portion of the NBA postseason features three former MVPs.
podcast thumbnail mobile
Front Office Sports Today

Can MLS Get Bigger Than MLB?


Featured Today

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.
April 1, 2024

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.
Nov 16, 2015; Bloomington, IN, USA; General view of the championship banners at Assembly Hall prior to the game between Austin Peay and Indiana.
March 31, 2024

How to Make It in Basketball: Become a Manager at Indiana

Inside the Hoosiers’ unglamorous, profoundly rewarding incubator for basketball’s biggest names.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Multiple - USA Careers
Multiple - USA Careers
Dunham's Sports
Multiple - USA Careers

Knicks’ Resurgence Marks Peak in Dolan’s Sports Domain

The team’s on-court success is fueling a series of gains off it.
April 10, 2024

Orioles Call Up Jackson Holliday Right Before Service Time Cutoff

Holliday is still in line to earn a full year of MLB service time.
April 12, 2024

Fever Keeping Plans Quiet (for Now), Unlike Spurs and Blackhawks

The Fever’s business approach differs from recent rookie phenoms in other leagues.

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 9, 2024

Champions League Hosts Ramp Up Security Amid ISIS Threat

Cities are increasing police presence after social media posts.
April 3, 2024

A’s Could Be Inching Toward Sacramento Move After Week of Local Meetings

Oakland wants the A’s to pay top dollar on their way out.
April 2, 2024

Larry Lucchino, One of Baseball’s Most Influential Executives, Dies at 78

The former Red Sox president and CEO helped lead the resurgence of that franchise.
March 29, 2024

A-Rod Group Vows to Take ‘Whatever Actions Are Necessary’ in Fight for Timberwolves

The fight to for control of the Timberwolves is far from over.