Diamond Sports Group Formally Emerges From Bankruptcy, Rebrands – Sportico

                        By  <a class="c-link  lrv-a-unstyle-link" href="https://www.sportico.com/author/jason-clinkscales/"             >   Jason Clinkscales</a>                       <br>Reporter/Editor, Breaking News<br>  It&rsquo;s not just a new year, but a new era for the company formerly known as <a  href="https://www.sportico.com/t/diamond-sports-group/"  id="auto-tag_diamond-sports-group_1"  data-tag="diamond-sports-group"  >Diamond Sports Group</a>&mdash;which now has a new name.<br>     The regional sports network holding company announced it has formally emerged from Chapter 11 bankruptcy &ldquo;with a significantly deleveraged balance sheet.&rdquo; The firm has also rebranded as Main Street Sports Group, with local rights to 13 NBA teams, eight NHL teams and eight MLB teams through their regional sports networks.<br>  &ldquo;Emerging from this process is the culmination of over 20 months of incredibly hard work to transform our business and position us to better serve passionate local fans across our markets,&rdquo; company CEO David Preschlack said in a statement.  <br>   Main Street Sports will continue to operate 16 RSNs, collectively known as FanDuel Sports Network after the gaming company took over naming rights from Bally Sports in October.    <div class="admz" id="adm-inline-article-ad-1">                     <div class="adma boomerang" data-device="Desktop" data-width="300">                  <div style="min-width:300px;min-height:275px;"     class="pmc-adm-boomerang-pub-div ad-text"   data-priority="10" >    <div id="gpt-sprt-dsk-tab-midarticle-uid0"      class="adw-300 adh-250" data-is-adhesion-ad="">         <script type="application/javascript">

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