BREAKING NEWS: The NHL Holding an Emergency Bankruptcy Meeting

Published February 15, 2023 at 5:44 PM

We told you about it recently, but there is a really major story to watch in the NHL.

It's probably the biggest story in hockey right now, as Sportsnet's Elliotte Friedman reports.

The very large and popular Bally Sports RSN is declaring bankruptcy. That includes no less than 12 (!) NHL television networks.

That's huge, and there's just been some news about that:

"Diamond Sports Holdings, which runs Bally Sports, has skipped a $140 million debt payment and will declare bankruptcy. This will affect several NHL teams and their TV contracts. It will impact the entire NHL, ultimately, and the cap will take a hit.

This is a HUGE story for NHL fans to watch."

- Blain Potvin

This would affect media in Los Angeles, Anaheim, Arizona, Dallas, St. Louis, Minnesota, Detroit, Columbus, Nashville, Carolina, Tampa Bay and Florida.

Last-minute development

As reporter Michael Russo reports, we've just learned that the NHL has just announced an emergency meeting on the matter.

It'll take place in less than 15 minutes.

"I'm told the NHL will hold a Board of Governors call in 15 minutes (emergency meeting over the phone)."

More details to follow.

February 15   |   173 answers
BREAKING NEWS: The NHL Holding an Emergency Bankruptcy Meeting

Will this have a big effect on the salary cap?

Yes13376.9 %
No4023.1 %
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