Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy.
Diamond owns 18 networks under the Bally Sports banner. Those networks have the rights to 37 professional teams: 11 MLB, 15 NBA and 11 NHL.
Diamond Sports has been in Chapter 11 bankruptcy proceedings in the Southern District of Texas since it filed for protection last March. The company said in a late 2021 financial filing that it had debt of $8.67 billion.
The terms of the agreement were announced by Diamond Sports on Wednesday morning. Amazon had no comment. It remains subject to approval by the bankruptcy court.
The agreement with Diamond Sports’ largest creditors allows it to emerge from bankruptcy, continue operations and prevents a total collapse of the regional sports network system where the NBA, NHL and MLB would have to step in to take over production and distribution of most of their teams.
Last season, MLB had to take over production and distribution of the San Diego Padres and Arizona Diamondbacks after Diamond let rights payments to the Padres lapse and was unable to agree to an amended deal with the Diamondbacks.
Under the terms of the restructuring agreement, Amazon will make a minority investment in Diamond and enter into a commercial arrangement to provide access to Diamond’s content via Prime Video.
Customers will be able to access their local team’s content on Prime Video channels where Diamond has rights. Pricing and availability will be announced at a later date. Regional sports content will also remain available on cable and satellite providers.
An attorney for Diamond Sports Group called the agreement a “watershed” moment for the company’s bankruptcy process in a court hearing later Wednesday. But attorneys for MLB and the NBA noted that the leagues had just been made aware of the deal and still had a lot to sift through, a point later echoed by an attorney for the unsecured creditor committee.
An attorney for Diamond assured the bankruptcy judge that it will broadcast nine teams under its portfolio for the entirety of the 2024 MLB season and will pay what it owes those teams under its current contract, while adding that it is in talks with three other teams on broadcasting their games at a reduced price. The attorney did not name the latter three teams, but the reigning World Series champion Texas Rangers are among them.
A hearing between MLB and Diamond Sports Group that had been scheduled for Friday — and was rescheduled from last Wednesday — has been pushed back indefinitely. Diamond previously faced a March deadline to firm up a restructuring plan but says it will provide details for its new arrangement well ahead of that date.
“There’s a lot to take in, a lot to digest,” Judge Chris Lopez said as part of his closing remarks.
Diamond also has an agreement in principle with Sinclair to settle the pending litigation between the companies and the other named defendants. The settlement is supported by Diamond’s creditors that are parties to the RSA.
Sinclair Broadcast Group bought the regional sports networks from The Walt Disney Co. for nearly $10 billion in 2019. Disney was required by the Department of Justice to sell the networks for its acquisition of 21st Century Fox’s film and television assets to be approved.
Even before Sinclair bought the regional networks, the business was in a downturn due to cord-cutting and declines in advertising revenue after entering into exorbitant long-term deals with some teams.
Under an agreement with creditors last year, Diamond Sports Group became a separate company from Sinclair.
As part of the settlement, Sinclair will pay Diamond $495 million and provide ongoing services to support Diamond’s reorganization. The proceeds from the settlement will also pay off some creditors.
“We are thrilled to have reached a comprehensive restructuring agreement that provides a detailed framework for a reorganization plan and substantial new financing that will enable Diamond to operate and thrive beyond 2024,” Diamond Sports CEO David Preschlack said in a statement. “We are grateful for the support from Amazon and a group of our largest creditors who clearly believe in the value-creating potential of this business. Diamond’s near-term focus will be on implementing the RSA and emerging from bankruptcy as a going concern for the benefit of our investors, our employees, our team, league and distribution partners, and the millions of fans who will continue to enjoy our broadcasts.”
Diamond recently reached agreements with the NHL and NBA to keep local rights through the end of this season. It remains in discussions with MLB on reworked agreements for the upcoming season, with the next court hearing scheduled for Friday.
ESPN’s Alden Gonzalez and The Associated Press contributed to this report.
Sean Allen is a fantasy analyst for ESPN.com. He was the 2008 and 2009 Fantasy Sports Writers Association Hockey Writer of the Year. You can tweet him @seanard.
Another week, another No. 1 landing spot for the Winnipeg Jets in the ESPN NHL Power Rankings. But who finishes 2-32?
Plus, it’s another fantasy hockey takeover week, with Sean Allen and Victoria Matiash identifying one player per team who is off to a slow start (relative to his teammates or expectations) and advising fantasy managers whether to have patience or panic at this time.
And as a reminder, it’s not too late to join ESPN Fantasy Hockey. Sign up for free and start playing today!
How we rank: A panel of ESPN hockey commentators, analysts, reporters and editors sends in a 1-32 poll based on the games through Wednesday, which generates our master list here.
Note: Previous ranking for each team refers to the previous edition, published Nov. 8. Points percentages are through Thursday’s games.
Previous ranking: 1 Points percentage: 88.24%
Cole Perfetti, LW (28.9% rostered in ESPN Fantasy leagues): As difficult as it is to find fault with anything Jets-related these days, Perfetti isn’t quite meeting 2024-25 fantasy expectations yet. But the 22-year-old remains cemented on the Jets’ second scoring line and power play, and he has pitched in enough multipoint showings to merit another look in deeper leagues. Verdict: Patience.
Next seven days: @ FLA (Nov. 16), vs. FLA (Nov. 19)
Previous ranking: 2 Points percentage: 73.33%
Brent Burns, D (69.5%): The writing had been on the wall, faintly sketched with a carpenter’s pencil, but now it’s been retraced in ink. Shayne Gostisbehere has the power play on lock, and Burns doesn’t put up the points without it now. Verdict: Panic.
Next seven days: vs. OTT (Nov. 16), vs. STL (Nov. 17), @ PHI (Nov. 20), @ NJ (Nov. 21)
Previous ranking: 4 Points percentage: 67.65%
Gustav Forsling, D (68.8%): Playoff heroics can inflate rostership numbers even this far into the future, but Forsling isn’t a must-have fantasy contributor. You can find a defenseman with a higher ceiling among your league’s free agents. Verdict: Panic.
Next seven days: vs. WPG (Nov. 16), @ WPG (Nov. 19), @ CHI (Nov. 21)
Previous ranking: 5 Points percentage: 78.13%
Marc-Andre Fleury, G (51.8%): As long as Filip Gustavsson continues to perform dependably well, the veteran No. 2 isn’t going to play much. There are other lesser-rostered backups in the league — Jake Allen and Jonathan Quick come to mind — who offer more fantasy punch than Fleury. Verdict: Panic.
Next seven days: vs. DAL (Nov. 16), @ STL (Nov. 19), @ EDM (Nov. 21)
Previous ranking: 6 Points percentage: 70.00%
Matt Roy, D (45.6%): After a breakout fantasy campaign with the Kings last season, cut Roy some slack. He has had only a handful of games to get used to his new teammates, and the minutes are there to get the job done. Verdict: Patience.
Next seven days: @ COL (Nov. 15), @ VGK (Nov. 17), @ UTA (Nov. 18), vs. COL (Nov. 21)
Previous ranking: 3 Points percentage: 70.00%
Mika Zibanejad, C (95.6%): Zibanejad has had slow starts before — 1.78 FPPG in 2021-22 and 1.93 FPPG last season — yet still finished over 2.00 FPPG. His current 1.58 FPPG isn’t alarming. Verdict: Patience.
Next seven days: @ SEA (Nov. 17), @ VAN (Nov. 19), @ CGY (Nov. 21)
Previous ranking: 7 Points percentage: 68.75%
Brayden McNabb, D (52.3%): Returning to his selfless ways — highlighted by five blocked shots against the Ducks Wednesday — McNabb is already working back into his fantasy managers’ good graces. While hardly a prolific producer, the veteran should start pitching in a few more points, too. Verdict: Patience.
Next seven days: @ UTA (Nov. 15), vs. WSH (Nov. 17), @ TOR (Nov. 20), @ OTT (Nov. 21)
Previous ranking: 10 Points percentage: 65.00%
Luke Hughes, D (39.1%): He did an admirable job filling in for an injured Dougie Hamilton as a rookie last season, but unless that situation arises again, it looks as though Hughes is out of the limelight for this campaign. Verdict: Panic.
Next seven days: @ TB (Nov. 16), vs. CAR (Nov. 21)
Previous ranking: 8 Points percentage: 66.67%
Roope Hintz, C (79.8%): Some bad puck luck, illustrated by his 6.7% shooting percentage through six recent contests (career: 16.5%), is partially to blame for Hintz’s current skid. But the perennial 30-plus goal scorer is bound to get back on track soon, especially once Peter DeBoer inevitably juggles his lines again. Verdict: Patience.
Next seven days: @ MIN (Nov. 16), vs. ANA (Nov. 18), vs. SJ (Nov. 20)
Previous ranking: 11 Points percentage: 63.33%
Filip Hronek, D (51.9%): He’s averaging approximately a single shot and blocked shot per game. Unlike last season, the compensatory scoring isn’t there to make up for those shortcomings. Hronek appears far more valuable to the Canucks as Quinn Hughes‘ defensive partner than to his fantasy managers. Verdict: Panic.
Next seven days: vs. CHI (Nov. 16), vs. NSH (Nov. 17), vs. NYR (Nov. 19)
Previous ranking: 9 Points percentage: 58.33%
Quinton Byfield, RW (43.2%): The lack of a single power-play point is one concern, along with his removal from the top unit. Through the fantasy lens, so is Byfield’s third-line role. If all remains as is, we might be in for another season of inconsistent fantasy returns. Verdict: Panic.
Next seven days: vs. DET (Nov. 16), vs. BUF (Nov. 20)
Previous ranking: 13 Points percentage: 61.11%
Matthew Knies, LW (42.4%): He has been making hay while the sun shines, so to speak, as he gets first power-play unit access while Auston Matthews is out. The confidence boost should carry over to when Matthews returns, and they are linemates again. Verdict: Patience.
Next seven days: vs. EDM (Nov. 16), vs. VGK (Nov. 20)
Previous ranking: 17 Points percentage: 55.88%
Jeff Skinner, C (45.0%): Afforded the opportunity to compete alongside just about every Oiler up front, including two of the best centers in the biz, the veteran winger has nonetheless failed to offer much of a productive presence. Now Skinner appears relegated to Edmonton’s fourth line. Verdict: Panic.
Next seven days: @ TOR (Nov. 16), @ MTL (Nov. 18), @ OTT (Nov. 19), vs. MIN (Nov. 21)
Previous ranking: 12 Points percentage: 56.67%
Jake Guentzel, LW (98.8%): Guentzel’s overall output is fantastic already, but with just two power-play points so far, he has yet to add his usual production with the man advantage. If he does, his already strong fantasy profile could get a big boost. Verdict: Patience.
Next seven days: vs. NJ (Nov. 16), @ PIT (Nov. 19), @ CBJ (Nov. 21)
Previous ranking: 19 Points percentage: 52.94%
Devon Toews, D (66.7%): While it has taken the defender time to warm up after a delayed start to 2024-25, Toews now appears back in his groove: blocking shots, contributing to the score sheet and skating more minutes than nearly everyone else. Cale Makar‘s partner hasn’t averaged 0.58 points per game throughout his career by accident. Verdict: Patience.
Next seven days: vs. WSH (Nov. 15), @ PHI (Nov. 18), @ WSH (Nov. 21)
Previous ranking: 15 Points percentage: 53.13%
Linus Ullmark, G (84.8%): The Senators are showing signs of competing, and we know Ullmark is capable of being among the best. Patience might already be paying off with some of his recent road outings against tough division rivals. Verdict: Patience.
Next seven days: @ CAR (Nov. 16), vs. EDM (Nov. 19), vs. VGK (Nov. 21)
Previous ranking: 14 Points percentage: 55.88%
Nazem Kadri, C (78.4%): While no one is scoring much for the Flames these days, including their No. 1 center, this too shall pass. Perhaps it’ll play out like last season, when Kadri collected two points in October before erupting for 13 in November, then maintained that scoring pace for the duration of the season. Also, he shoots the puck a lot. Verdict: Patience.
Next seven days: vs. NSH (Nov. 15), vs. NYI (Nov. 19), vs. NYR (Nov. 21)
Previous ranking: 20 Points percentage: 50.00%
Charlie McAvoy, D (89.9%): The Bruins’ offense might be slower this season, but McAvoy’s 1.64 FPPG is still too low. Give him time. Not enough has changed to drop him far from his 2.29 FPPG average over the past three seasons. Verdict: Patience
Next seven days: vs. STL (Nov. 16), vs. CBJ (Nov. 18), vs. UTA (Nov. 21)
Previous ranking: 18 Points percentage: 53.13%
Barrett Hayton, C (17.5%): According to analysis by Evolving Hockey, the third-line center (for now) should be scoring more goals in accordance with the quality of his shots. That offers some comfort in light of his current skid. While Hayton certainly needs to play more minutes and shoot on net more often, he doesn’t merit giving up entirely in deeper fantasy leagues. Verdict: Patience.
Next seven days: vs. VGK (Nov. 15), vs. WSH (Nov. 18), @ BOS (Nov. 21)
Previous ranking: 24 Points percentage: 52.94%
Brock Nelson, C (76.9%): The Isles’ collective offense isn’t weaker than it has been for several years. Nelson has averaged 2.03 FPPG across the past three seasons. He’ll come around. Verdict: Patience.
Next seven days: @ SEA (Nov. 16), @ CGY (Nov. 19), @ DET (Nov. 21)
Previous ranking: 21 Points percentage: 50.00%
Patrick Kane, RW (66.3%): If the Red Wings’ power play were in the dumps, maybe we could preach patience for Kane. But it’s not, and it might be time to move on from Kane in fantasy. He is getting all the opportunities required and is just not producing. Verdict: Panic.
Next seven days: @ ANA (Nov. 15), @ LA (Nov. 16), @ SJ (Nov. 18), vs. NYI (Nov. 21)
Previous ranking: 23 Points percentage: 50.00%
Dylan Cozens, C (49.3%): It is time to move off Cozens. He had that banner 2022-23 but is now matching the reduced fantasy production that lasted all of last season. Even an uptick in performance might not be enough to get to fantasy relevance from his current 1.41 FPPG. Verdict: Panic.
Next seven days: @ PHI (Nov. 16), @ LA (Nov. 20)
Previous ranking: 25 Points percentage: 50.00%
Adam Larsson, D (60.5%): Despite the relative drought, the top-pair defenseman still blocks a sufficient number of shots to merit rostering in deeper standard leagues. Plus, he’ll soon fall back into his usual (however relatively modest) scoring groove. Verdict: Patience.
Next seven days: vs. NYI (Nov. 16), vs. NYR (Nov. 17), vs. NSH (Nov. 20)
Previous ranking: 16 Points percentage: 44.12%
Jordan Binnington, G (55.1%): After winning the season opener against Seattle, the Blues’ No. 1 has yet to beat anyone outside of the Atlantic Division. Shouldering a 4-7-0 record, .887 save percentage and 3.26 goals-against average, Binnington has cost his fantasy managers a total net loss of 1.8 points. Yes, negative points. There are likely brighter days ahead for the banged-up Blues, but when? Verdict: Panic.
Next seven days: @ BOS (Nov. 16), @ CAR (Nov. 17), vs. MIN (Nov. 19), vs. SJ (Nov. 21)
Previous ranking: 31 Points percentage: 47.06%
Joel Farabee, LW (50.7%): Farabee, Tyson Foerster, Scott Laughton; Take your pick of Flyers who were just picking up some fantasy momentum in their career but have been buried on the depth chart by the new core group. Verdict: Panic.
Next seven days: vs. BUF (Nov. 16), vs. COL (Nov. 18), vs. CAR (Nov. 20)
Previous ranking: 27 Points percentage: 38.24%
Teuvo Teravainen, RW (41.4%): The Blackhawks’ offseason acquisition has one goal and zero assists in his past 11 games, and he isn’t shooting with any consistency. Even back on a scoring line with Connor Bedard, Teravainen can’t be counted on to contribute regularly enough. Verdict: Panic.
Next seven days: @ VAN (Nov. 16), vs. ANA (Nov. 19), vs. FLA (Nov. 21)
Previous ranking: 26 Points percentage: 41.67%
Erik Karlsson, D (94.1%): It’s been a season and a quarter now, so what we see from Karlsson as a Penguin might be what we get. He’s not the sole source of offense, so downgraded fantasy output is just the new normal. Verdict: Panic.
Next seven days: @ CBJ (Nov. 15), vs. SJ (Nov. 16), vs. TB (Nov. 19)
Previous ranking: 22 Points percentage: 40.00%
Ivan Provorov, D (19.2%): No one on the Blue Jackets is underperforming in a big way, but even 20% rostership is too high for Provorov. If he’s not on the first pair, you can safely pretend he’s not there. Verdict: Panic.
Next seven days: vs. PIT (Nov. 15), @ MTL (Nov. 16), @ BOS (Nov. 18), vs. TB (Nov. 21)
Previous ranking: 28 Points percentage: 38.24%
Gustav Nyquist, RW (16.6%): Once replaced by Steven Stamkos on the Predators’ top line, Nyquist lost most of his fantasy charm. It’s no coincidence the winger was at his most productive when skating alongside Filip Forsberg and Ryan O’Reilly. Verdict: Panic.
Next seven days: @ CGY (Nov. 15), @ VAN (Nov. 17), @ SEA (Nov. 20)
Previous ranking: 29 Points percentage: 40.00%
Lukas Dostal, G (60.7%): The Ducks allow the most shots against (35.5 per game) while scoring the fewest goals (2.20 per game). Plus, a healthy John Gibson is back to share Anaheim’s crease. Dostal’s successful fantasy run was fun while it lasted. It’s time to move on. Verdict: Panic.
Next seven days: vs. DET (Nov. 15), @ DAL (Nov. 18), @ CHI (Nov. 19)
Previous ranking: 32 Points percentage: 36.11%
William Eklund, LW (56.2%): The sophomore is playing a ton of minutes, pitching in assists and now skating on a scoring line with Mikael Granlund. Which is a good thing. Yes, we’d all like to see him shoot more. Verdict: Patience.
Next seven days: @ PIT (Nov. 16), vs. DET (Nov. 18), @ DAL (Nov. 20), @ STL (Nov. 21)
Previous ranking: 30 Points percentage: 35.29%
Sam Montembeault, G (22.3%): The Habs don’t look like they’ll win enough for Monty to shine in redraft leagues, but if you drafted him for a keeper league, there are positive signs for the future. Verdict: Patience, at least for the long term.
Next seven days: vs. CBJ (Nov. 16), vs. EDM (Nov. 18)
Los Angeles Dodgers star Shohei Ohtani joined David Ortiz as the only players to win four straight Outstanding Designated Hitter awards. Ohtani and the New York Yankees‘ Aaron Judge won Hank Aaron Awards as the outstanding offensive performers in their leagues.
Major League Baseball made the announcements at its All-MLB Awards Show.
Sale, 35, was 18-3 with a 2.38 ERA and 225 strikeouts in 177⅔ innings for the NL’s first pitching triple crown since the Dodgers’ Clayton Kershaw in 2011. He earned his eighth All-Star selection and first since 2018.
Sale helped Boston to the 2018 World Series title but made just 56 starts from 2020-23, going 17-18 with a 4.86 ERA, 400 strikeouts and 79 walks over 298⅓ innings. He was acquired by Boston from the White Sox in December 2016 and made nine trips to the injured list with the Red Sox, mostly with shoulder and elbow ailments. He had Tommy John surgery on March 30, 2020, and returned to a big league mound on Aug. 14, 2021.
Sale fractured a rib while pitching in batting practice in February 2022 during the management lockout. On July 17, in his second start back, he broke his left pinkie finger when he was hit by a line drive off the bat of the Yankees’ Aaron Hicks. Sale broke his right wrist while riding a bicycle en route to lunch on Aug. 6, ending his season.
Crochet, 25, was 6-12 with a 3.58 ERA over 32 starts for a White Sox team that set a post-1900 record of 121 losses, becoming a first-time All-Star. He struck out 209 and walked 33 in 146 innings.
He had Tommy John surgery on April 5, 2022, and returned to the major leagues on May 18, 2023. Crochet had a 3.55 ERA in 13 relief appearances in 2023, and then joined the rotation this year.
Sale and Crochet were chosen in voting by MLB.com beat writers.
Clase and Helsley were unanimous picks by a panel that included Hall of Famers Trevor Hoffman, Mariano Rivera, Dennis Eckersley and Rollie Fingers, along with John Franco and Billy Wagner. The AL award is named after Rivera and the NL honor after Hoffman.
A three-time All-Star, Clase was 4-2 with a 0.61 ERA, 66 strikeouts and 10 walks in 74⅓ innings, holding batters to a .154 average. The 26-year-old converted 47 of 50 save chances, including his last 47.
Voting was based on the regular season. Clase was 0-2 with a 9.00 ERA in the playoffs, allowing three home runs, one more than his regular-season total.
Helsley, a two-time All-Star, was 7-4 with a 2.04 ERA and 49 saves in 53 chances. He struck out 79 and walked 23 in 66⅓ innings.
Ohtani became the first player with 50 or more homers and 50 or more stolen bases in a season. A two-way star limited to hitting following elbow surgery, Ohtani batted .310 and led the NL with 54 homers and 130 RBIs while stealing 59 bases.
Ortiz won the DH award five years in a row from 2003-07.
The DH award, named after Edgar Martinez, is picked in voting by team beat writers, broadcasters and public relations departments. MLB.com writers determined the finalists for the Aaron awards, and a fan vote was combined with picks from a panel of Hall of Famers and former winners to determine the selections.
Judge led the major leagues with 58 homers and 144 RBIs while hitting .322.
College football reporter; joined ESPN in 2008. Graduate of Northwestern University.
Boston College quarterback Thomas Castellanos, who lost his starting job earlier this week, will not be returning to the team, he announced Thursday night.
Castellanos, who started 12 games last season and retained the top job under new coach Bill O’Brien, wrote on X that “unfortunately, all good things come to an end, even though it’s sooner than I would like.” He did not mention the transfer portal in his departing message and has not officially entered it. The junior from Waycross, Georgia, started his career at UCF and appeared in five games in 2022.
O’Brien said Tuesday that Grayson James, who replaced Castellanos in last week’s win against Syracuse, will start Saturday when Boston College visits No. 14 SMU. Castellanos “wasn’t real thrilled” with the decision, O’Brien said, adding that the quarterback decided to step away from the team for several days.
Castellanos had 2,248 passing yards and 1,113 rushing yards last season under coach Jeff Hafley, passing for 15 touchdowns and adding 13 on the ground. He had 18 touchdown passes and only five interceptions this season, but his accuracy dipped in recent weeks, and he completed only 2 of 7 passes against Syracuse before being replaced.
In his statement, Castellanos thanked both coaching staffs he played for at Boston College and wrote that he had “some of the best experiences of my life in the Eagles Nest and I will truly cherish these memories forever.”