The NHL Dallas Stars Nexing is the latest in a line of teams, including the Vegas Golden Knights and Florida Panthers, to part ways with DSG following its bankruptcy filing. DSG’s financial strategy includes a “comprehensive” debt-for-equity restructuring plan announced in January. This plan, worth $495 million, involves a settlement with its parent company Sinclair Inc. and a future streaming partnership with Amazon.
NHL Dallas Stars Nexing : Resistance from Major Sports Leagues
Despite DSG’s restructuring efforts, the plan has faced opposition from major sports leagues such as the NHL, NBA, and MLB. These leagues have expressed the need for greater business certainty as they work to finalize broadcast agreements for the 2024-25 season.