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Sinclair (Bally Sports) Facing Bankruptcy.
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<blockquote data-quote="dmurdock" data-source="post: 950206" data-attributes="member: 381"><p>My understanding is the ACC has a deal with Raycom and nothing has changed there. Raycom had contracted with the Fox RSNs that were then acquired by Sinclair and renamed Bally, so the Diamond bankruptcy affected Raycom, not the ACC directly from a monetary perspective. Raycom has worked with Diamond to make a request to the bankruptcy judge to void that contract so Raycom can pursue other broadcasters partners.</p><p></p><p>One thing I have read is that the Raycom contract only goes through April 2027, so I'm not sure if there might be an opportunity to get more money from Raycom/ACC at that time or if the ESPN contract already had it baked in that those rights would go to ESPN.</p></blockquote><p></p>
[QUOTE="dmurdock, post: 950206, member: 381"] My understanding is the ACC has a deal with Raycom and nothing has changed there. Raycom had contracted with the Fox RSNs that were then acquired by Sinclair and renamed Bally, so the Diamond bankruptcy affected Raycom, not the ACC directly from a monetary perspective. Raycom has worked with Diamond to make a request to the bankruptcy judge to void that contract so Raycom can pursue other broadcasters partners. One thing I have read is that the Raycom contract only goes through April 2027, so I'm not sure if there might be an opportunity to get more money from Raycom/ACC at that time or if the ESPN contract already had it baked in that those rights would go to ESPN. [/QUOTE]
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Sinclair (Bally Sports) Facing Bankruptcy.
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