Sports Broadcaster Diamond Near Breaking Point, Pro Leagues Say

Local sports broadcaster Diamond Sports Group’s shot at surviving the summer has withered and the bankrupt company is close to losing any chance to revive itself, lawyers for professional baseball, basketball and hockey leagues told a federal judge Tuesday.

The company, owned by Sinclair Inc., has yet to hash out a deal with Comcast Corp. to broadcast games on the cable company’s system. If a deal fails to materialize, that would be a fatal blow to Diamond, representatives of Major League Baseball and the National Basketball Association told US Bankruptcy Judge Christopher M. Lopez. Their concerns about ...