No agreement, however, had been reached between Diamond and Major League Baseball, and the tentative plan was to have the business shut down following the 2024 regular season and return the rights to the teams. As a result, NBA and NHL rights would continue for the full lengths of the contracts held by each of the 26 teams across those two leagues. Those pacts would be nullified if the RSA were to be approved since the cooperation agreement that would have implemented them had never been accepted by the court. The regional sports network operator has broadcast rights to several teams in the National Basketball Association and National Hockey League and had reached agreements with both leagues about operating paths going forward. These funds will help catalyze the restructuring process, which has been agreed on with over 85% of the company’s first lien debt holders, over 50% of the company’s second lien debt holders and more than 66% of unsecured bond holders.Īs part of the deal, Amazon will infuse the company with a $100 million investment that will render it a minority owner of the subsidiary with a 15% share. This RSA, which will include $450 million of junior secured superpriority debtor-in-possession financing from certain debt holders, will be used to remunerate $350 million of existing first lien indebtedness. 11 bankruptcy that it has been in since last March. 21 on Golf Channel and Peacock.ĭiamond Sports Group has entered into a restructuring support agreement (RSA) with various members of its largest creditor groups in order to emerge from Ch. It was previously reported that NBC wanted Geoff Ogilvy as lead analyst but no news has materialized since that report.Ĭhamblee and the rest of NBC Sports’ coverage of “The American Express” begins this Thursday, Jan. Other names rumored to be part of NBC’s analyst pool are David Duval, Justin Leonard and Brad Faxon who currently work for NBC and Golf Channel, as well as former European Ryder Cup captain and current Golf Channel analyst Paul McGinley. Rather than immediately name a successor, NBC has opted for an analyst-by-committee approach and is holding tryouts to find their next lead analyst.įormer Tour winner Kevin Kisner filled in for NBC’s first two PGA events and now Chamblee will have his opportunity to impress the NBC execs. This will be Chamblee’s shot to prove he’s the right person for NBC’s lead analyst job - one that still hasn’t been filled since firing Paul Azinger in November of last year. During NBC’s presentation of “The American Express,” a series of three events played over three courses, Chamblee will serve as lead analyst alongside play-by-play man Terry Gannon. Brandel Chamblee is next up in the NBC Sports revolving door of lead golf analysts.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |