Bankruptcy judge Christopher Lopez has approved two parts of the restructuring deal for Diamond Sports Group, reports Anthony Crupi of Sportico. The judge signed off on the January agreement that raises $450MM in debtor financing and reaches a $495MM settlement with Sinclair Broadcasting Group to resolve litigation which Diamond had filed against its former parent company. ESPN’s Alden González tweets that resolution of the overall bankruptcy likely remains weeks or months away, but this marks an important seal of approval for the company. The agreements provide a potential path for DSG to continue operating its regional sports networks beyond this year. As part of the restructuring, Diamond
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