When Diamond entered bankruptcy, it had the rights to 42 professional teams (14 baseball, 16 NBA, and 12 NHL). The reorganized company has 27 franchises (six baseball, 13 NBA, and eight NHL).

Diamond Sports Group, the largest owner of regional sports networks, can emerge out of bankruptcy after having its reorganization plan approved

Diamond Sports Group has won court approval of its bankruptcy plan,  a move that will end the regional sports network company’s ownership by Hunt Valley-based Sinclair Inc. and usher in an