- Category
- Defining Matters
- Date
- March 03, 2023
- Title
-
Kramer Levin Retained by Ad Hoc Group of First Lien Lenders to the Diamond Sports Group
Kramer Levin has been retained by an ad hoc group of first lien lenders to the Diamond Sports Group in connection with a potential debt restructuring. Diamond Sports Group is a subsidiary of Sinclair Broadcasting and owns a portfolio of regional sports networks with exclusive broadcasting rights to 42 professional sports teams, including NBA, MLB and NHL teams. Diamond Sports also holds joint venture interests in the local networks for the Chicago Cubs, the New York Yankees and the Brooklyn Nets.
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