The San Antonio Spurs would be looking for a new local broadcast deal if the bankruptcy court had rejected Diamond Sports’ plan.

For the former Diamond Sports Group, new beginnings call for changes. The current television home of the Cleveland Cavaliers has emerged from bankruptcy after two years of often difficult proceedings.

The regional network operator first entered bankruptcy in March 2023, but has now financially restructured to significantly reduce its debts.

Diamond Sports Group announced today that it has completed its financial restructuring and has emerged from Chapter 11 as Main Street Sports Group (“M

The name is the part Main Street Sports Group wants you to remember. The money was the key detail in Thursday's press release announcing the rebranded entity f

After nearly two years of financial turbulence and a high-profile bankruptcy case, Diamond Sports Group ... Read More

SOUTHPORT, Conn. —Diamond Sports Group said it has emerged from Chapter 11 bankuptcy as Main Street Sports Group with a significantly deleveraged balance sheet.