Bally Sports owner files for Chapter 11 bankruptcy

A member of the Houston Astros stands in the dugout in front of a Bally Sports sign before the team's spring training baseball game against the St. Louis Cardinals on March 2, 2023, in Jupiter, Fla. Diamond Sports Group, the largest owner of regional sports networks, filed for Chapter 11 bankruptcy protection Tuesday, March 14. The move came after it missed a $140 million interest payment last month. Diamond owns 19 networks under the Bally Sports banner. Those networks have the rights to 42 professional teams — 14 baseball, 16 NBA and 12 NHL. (Jeff Roberson/AP, File)

A member of the Houston Astros stands in the dugout in front of a Bally Sports sign before the team's spring training baseball game against the St. Louis Cardinals on March 2, 2023, in Jupiter, Fla. Diamond Sports Group, the largest owner of regional sports networks, filed for Chapter 11 bankruptcy protection Tuesday, March 14. The move came after it missed a $140 million interest payment last month. Diamond owns 19 networks under the Bally Sports banner. Those networks have the rights to 42 professional teams — 14 baseball, 16 NBA and 12 NHL. (Jeff Roberson/AP, File)

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