If the company files for bankruptcy, it could have a big impact across the sports industry. The amount of money that teams get from media rights influences how much players get paid.— Gerry Smith (@gerryfsmith) January 25, 2023
This.... could end up being a bit of a major seismic shift to sports broadcasting. If/when they go under, it throws the entire regional broadcasting structure into absolute chaos.
Forums:
DISCLAIMER: Forum topics may not have been written or edited by The Key Play staff.
Comments
Well if there is anything Sinclair is known for, its sending a message
And burning money.
The sooner Sinclair Broadcasting Group burns to the ground the better.
Hate to see it.
Anybody have any idea what happens to the rights if they go under? Seems like they would be an asset that would be sold to pay their debts. In a lot of filings, the debt just gets restructured and nothing really changes except the small lenders get screwed and the banks get their money back.