Bally Sports Secures NBA, NHL Broadcast Rights

Bally Sports, operated by Diamond Sports Group, has secured broadcasting rights for 13 NBA teams and 9 NHL teams through the 2024-25 season, although the Dallas Mavericks and New Orleans Pelicans will not continue with the network. This development is part of Diamond's Chapter 11 bankruptcy proceedings, with court approval pending for the new agreements. The Oklahoma City Thunder, previously uncertain about their broadcasting future, are expected to return to Bally Sports. The agreements may involve reduced rights fees due to the declining regional sports network market. Moving forward, Bally Sports faces the challenge of negotiating future contracts beyond the 2024-25 season and potentially rebranding, as their naming rights contract with Bally’s Corporation ends after the 2024 MLB season. Fans are particularly concerned about the Mavericks and Pelicans, who must explore alternative viewing options soon.