Judge: Diamond Sports should pay full worth of contracts to Diamondbacks, Guardians, Twins, Rangers

A federal chapter choose has ordered Diamond Sports to pay the total worth of its media contracts to the Arizona Diamondbacks, Cleveland Guardians, Minnesota Twins and Texas Rangers.

Judge Christopher Lopez made the ruling on Thursday in Houston. Diamond Sports, which owns 19 networks underneath the Bally Sports banner, has been in Chapter 11 chapter proceedings within the Southern District of Texas because it filed in March. Diamond stated in a monetary submitting final fall it had debt of $8.67 billion.

In April, the choose dominated Diamond to pay half of what the groups have been owed in rights charges.

“I think the contract rate is the right answer here,” stated Lopez in utilizing his resolution after two marathon days of testimony.

The resolution is one other chapter in what has been a contentious week within the strained relationship between MLB and Diamond Sports.

On Tuesday, the final San Diego Padres sport was aired on Bally Sports San Diego after Diamond Sports missed a rights fee price and let the grace interval expire.