When Diamond entered bankruptcy, it had the rights to 42 professional teams (14 baseball, 16 NBA, and 12 NHL). The reorganized company has 27 franchises (six baseball, 13 NBA, and eight NHL).

Below is a look at what Diamond's emergence from bankruptcy could mean for sports fans and their favorite teams. Which MLB teams will remain with Diamond for the 2025 season? What

Diamond Sports Group, the largest owner of regional sports networks, can emerge out of bankruptcy after having its reorganization plan approved.