A MAJOR sports broadcasting company needs to find a way to pay hundreds of millions of dollars soon – or it will lose the right to show dozens of teams. Diamond Sports Group, the company that owns sports broadcaster Bally Sports, is currently fighting to keep its broadcast rights as it goes through a Chapter 11 bankruptcy proceeding. Time is running out for Bally Sports to continue broadcasting dozens of teamsgetty Bally holds the broadcast rights for 42 teams across the country. These include 16 NBA and 12 NHL teams. Yet, due to its financial troubles, Diamond Sports Group has struggled to pay the roughly $40million per team it needs to retain the rights, according to a repor
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