Diamond to Drop Baseball Broadcasts Next Year Without New Deals

Diamond Sports Group will stop televising games from all but one Major League Baseball team next year unless club owners cut new rights deals with the bankrupt broadcaster, lawyers said in court Wednesday.

Diamond has a new proposal to avoid going out of business that should allow the company to exit bankruptcy and continue broadcasting professional basketball and hockey games, lawyers told the judge overseeing the company’s insolvency case. So far, the only baseball games the company has committed to televise are those of the Atlanta Braves.

“Our preferred path would be to bring as many teams into the reorganization ...