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).

At the moment, MLB possesses the rights for seven teams -- the Brewers, D-backs, Guardians, Padres, Reds, Twins and Colorado Rockies, the latter of which joined after Warner Bros. Discovery shut down its AT&T SportsNet-branded RSNs. The Royals and Rangers have yet to make commitments for 2025 and could technically join them, too.

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