On Friday, Bally reached new agreements with the NBA and NHL for the 2024-25 seasons. Here's what it could mean for the TV home of Magic games.
Heading into the 2024-25 season, the Orlando Magic is one of 13 NBA franchises that broadcast its games on a Bally Sports regional sports network.
On Friday afternoon, Bally Regional Sports Networks netted a lifeline while attempting to emerge from its Chapter 11 case as reports surfaced that new agreements for the rights to televise NHL and NBA games through, at least, the end of the upcoming season had been struck. Court filings asking bankruptcy court to approve the deals revealed the news.
As the NHL houses nine teams' television rights on Bally Sports RSNs and the NBA with 13 of its own, the leagues requested clarity on the situation as soon as possible to then consider a possible next move. Diamond later announced a renewal with Comcast. Of importance , it ensures that the Magic would be back on Bally Sports for one more complete season – even if Diamond Sports is unable to emerge from its Chapter 11 case., if Diamond is unable to finalize an exit plan from the Chapter 11 case, the contracts are then terminated following the end of the season. Should Bally Sports default on payments before then, the teams receive liens on Diamond assets as high-priority creditors.
“We have reached a new agreement with Diamond Sports Group for the 2024-25 season in which Diamond RSNs will telecast local games for 13 NBA teams," the NBA said in a statement. "This new agreement is subject to approval by the bankruptcy court.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Orlando Magic Unveil New 'Make It Magic' Marketing Brand CampaignThe Orlando Magic are building off the excitement and success of a season ago with a brand new marketing campaign, titled 'Make It Magic,' which replaces the 'Magic Together' slogan used by the team in recent history,
Read more »
Former Important Orlando Magic Figures Tab Magic as Team that Could SurpriseStan Van Gundy and Dennis Scott, two important figures in the history of the Orlando Magic in their own right, raved about the trajectory of the Magic while discussing potential breakout teams on NBA TV's schedule release special Thursday evening.
Read more »
Orlando Magic Full NBA Schedule for 2024-25; Dates, Locations, Times, TVThe NBA has released the complete schedule for the Orlando Magic in 2024-25. Here are all the details – TV, times, dates, locations, etc. – you need to know.
Read more »
Orlando Magic's 2024 Offseason Graded as Third-Best in NBASenior columnist David Aldridge of The Athletic has completed his 1-30 ranking of the best offseasons this summer throughout the NBA, in which the Magic placed third overall.
Read more »
Orlando Magic Schedule Revealed for 2024 Emirates NBA CupThe NBA released the full slate of Emirates NBA Cup Group Play games, which are set to take place Nov. 12-Dec. 3 on Tuesdays and Fridays throughout the regular season. The Orlando Magic now know four of the 82 dates on this year's regular season calendar.
Read more »
Three Orlando Magic Players Land in NBA 2K's Top 100 Ratings ListThe annual release of the 'NBA 2K' series gives a glimpse at how the popular video game company views where players around the league stack up compared to one another. This year, ahead of NBA 2K25, the Orlando Magic have three players in the top 100.
Read more »