Bankruptcy Judge Voids Phoenix Suns' Media Deal with Gray TV.
TL;DR Summary
A federal bankruptcy judge has voided the Phoenix Suns' media deal with Gray TV, ruling it violated the rights of the incumbent regional sports channel under the bankruptcy code. Diamond Sports, parent of Bally Sports Southwest, is in Chapter 11 bankruptcy proceedings. The Suns and Diamond must negotiate over whether the bankrupt regional sports company has the right to match a replacement deal, and Judge Lopez ordered that process to occur quickly given the Suns have argued that uncertainty over where their games are carried could impair their financial prospects next season.
- Judge voids Suns’ media deal with Gray TV amid Diamond Sports bankruptcy proceedings The Athletic
- U.S. bankruptcy judge blocks Phoenix Suns' new TV deal - ESPN ESPN
- Phoenix Suns' new media rights deal voided by bankruptcy judge ClutchPoints
- Judge halts Suns' bid to exit bankrupt Diamond Sports network CNBC
- Court voids Suns' new deal to leave cable for broadcast TV and streaming The Washington Post
Reading Insights
Total Reads
0
Unique Readers
16
Time Saved
4 min
vs 5 min read
Condensed
89%
812 → 92 words
Want the full story? Read the original article
Read on The Athletic