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Published on 10/25/2023 in the Prospect News Distressed Debt Daily.

Diamond Sports reports $18.06 million net loss for September

By Sarah Lizee

Olympia, Wash., Oct. 25 – Diamond Sports Group, LLC reported an $18.06 million net loss for September on zero gross income/sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.

The cash balance at the end of the month was $1.22 million.

Diamond Sports Group is an independently managed and unconsolidated subsidiary of Sinclair Broadcast Group. Diamond owns the Bally Sports Regional Sports networks, a provider of local sports. The Baltimore-based company filed Chapter 11 bankruptcy on March 14, 2023 under case number 23-90116.


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