Dec 22, 2023
The good news for the NHL is that it has reached a deal with Diamond Sports Group regarding the local media rights of 11 teams. That might be the bad news, as well.
After more than six weeks of anticipation, DSG court filings late Wednesday showed that the NHL reached an agreement with the bankrupt parent of the Bally Sports regional networks to regain the local rights of 11 teams. Those rights will revert back to the league after the 2023-24 season in return for contract “modifications” that remain under court seal, similar to terms the NBA reached last month with DSG. The agreement remains subject to court approval.
In the short term, the deal provides a crucial dose of certainty for the NHL and ensures that DSG will not drop any of its NHL teams in the abrupt fashion in which it rejected its rights to the San Diego Padres and Arizona Diamondbacks. NHL Commissioner Gary Bettman said earlier this week that maintaining fan access to the games was a key priority.
Source: Front Office Sports