NHL Involved in Major Broadcasting Lawsuit
PUBLICATION
James Connelly
August 19, 2023 (11:54)
The NHL is involved in a major lawsuit that could shape the future of 12 franchises.
NHL In Major Lawsuit
Currently, the NHL is in a major lawsuit with Diamond Sports Group, the parent company of Bally Sports. Earlier this year Diamond Sports Group filed for bankruptcy which set off alarms all over the hockey community.
Bally Sports holds regional broadcasting rights to 12 different franchises and being unable to pay the league, the NHL has tried to get out of their contract.
In an ongoing legal battle with Diamond Sports Group, the parent company to Bally Sports, the NHL is reportedly seeking emergency relief funds if negotiations are not settled quickly. Currently, 12 organizations have their media rights held by Bally Sports, and with a Texas judge extending DSG's reorganization deadline to September 30th, the NHL is seeking a contract break well before that date. On March 14, 2023, DSG filed for Chapter 11 bankruptcy, holding responsibility for a reported $9B in debt, with the inability to pay.
What Teams This Affects
This affects over a third of NHL franchises, all being American. It affects the:
Arizona Coyotes, Detroit Red Wings, Florida Panthers, St. Louis Blues, Minnesota Wild, Columbus Blue Jackets, Anaheim Ducks, Carolina Hurricanes, Nashville Predators, Dallas Stars, Tampa Bay Lightning, and the Los Angeles Kings.
If the NHL loses this lawsuit, these teams are almost certainly guaranteed to lose out on major money, and with some of them already struggling like Arizona and Columbus, this could potentially have league-altering implications.
As seen on Blade of Steel - National Hockey League involved in heated legal battle in an attempt to break a legally binding contract
| POLL |
AOÛT 19 | 73 ANSWERS NHL Involved in Major Broadcasting Lawsuit Does this lawsuit affect your favorite team? |
| Yes | 23 | 31.5 % |
| No | 50 | 68.5 % |
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