Overview

• Diamond Sports' deals with the NBA and NHL have been approved by a federal judge.
• The company aims to finalize its reorganization plan and emerge from bankruptcy by April 1, 2025.
• MLB has expressed doubts about Diamond's long-term viability and transparency in its financial dealings.
• Diamond is required to cut remaining MLB payments to $20 million by mid-October.
• A status conference is scheduled for early October to set a final confirmation hearing date.