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    Bally Sports RSNs to be renamed for popular gaming brand as early as Monday: Reports

    By J.P. Hoornstra,

    10 hours ago

    https://img.particlenews.com/image.php?url=1Ib1EK_0w9aU9B500

    The naming rights to the Bally Sports regional networks will change hands. The only questions involve a matter of when, and to what .

    The latter question was potentially resolved in a court filing Monday, when Diamond Sports Group asked a Houston bankruptcy court to approve a rebranding of its regional sports networks from Bally to FanDuel.

    If approved, the rebranding agreement would reportedly lock in a new naming rights partnership for the 2024-25 NHL and NBA seasons, and potentially beyond if Diamond successfully emerges from bankruptcy.

    According to Tony Paul of the Detroit News, the switchover could come Monday.

    In its court filing , Diamond said it needs to rebrand now because its current agreement with Bally Sports is set to expire at the end of the Major League Baseball season. Only four teams are left standing in the MLB postseason, with the World Series set to begin as early as this weekend.

    According to the Dallas Morning News, Diamond said it will receive “a significant rights fee payment and certain media and advertising spending commitments” under the agreement with FanDuel, which will also have the right to purchase as much as 5% of Diamond’s equity after it exits Chapter 11 and earn performance warrants.

    FanDuel is the largest sports book in the U.S. Its own original content will populate the rebranded networks after the switchover.

    Diamond has already cut ties with many of its MLB teams, while saying it plans to retain the Atlanta Braves .

    Another five teams – the Kansas City Royals, the St. Louis Cardinals, the Los Angeles Angels, the Cincinnati Reds and Miami Marlins – currently have a joint ventures with Diamond that the company hasn't decided whether or not to keep.

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    This article was originally published on thebiglead.com as Bally Sports RSNs to be renamed for popular gaming brand as early as Monday: Reports .

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