The NBA and Diamond Sports Group reached an agreement that will allow 13 NBA regional sports networks with Diamond to distribute games locally. Nine other NHL markets are included in the agreement, according to court filings with the U.S. Bankruptcy Court for the Southern District of Texas. The decision is pending approval by the bankruptcy court before being finalized.

Diamond Sports is the parent company for Bally Sports, which is where local Grizzlies TV games are aired. When the Grizzlies released their 2024-25 NBA schedule, Bally Sports was not listed as carrying any of the preseason or regular-season games. That will remain the case until the decision reaches approval through a bankruptcy court, but Friday’s development was positive news for Grizzlies, NBA and NHL fans.

“We are appreciative of the ongoing collaboration and long-term partnerships with the NBA and NHL,” David Preschlack, CEO of Diamond Sports Group, said in a statement. “These new agreements that cover NBA and NHL linear and DTC rights are another major milestone and continue Diamond’s momentum toward emergence, which will enable us to provide value for our NBA and NHL partners and continue to serve dedicated local NBA, NHL and MLB fans. Having completed negotiations with key partners that provide certainty around our content and distribution, Diamond is well-positioned for the future. With the support of our creditors, we are focused on finalizing our reorganization plan to support our emergence and presenting that plan to the Court in due course.”

Diamond Sports Group announced in July that it reached a distribution deal with Comcast after Xfinity customers weren’t able to watch games since May. In January, DSG entered a Restructuring Support Agreement with its largest creditors in a plan to provide a framework for reorganization by clearing Diamond from bankruptcy and continuing its operations. Part of that plan included Amazon making an investment in Diamond to stream games on Prime Video for next season.