During Monday’s hearing, Lopez also approved an amended management services agreement between Diamond and its parent company, Sinclair.
"We are grateful for the support from Amazon and a group of our largest creditors who clearly believe in the value-creating potential of this business."
The hearing has now been rescheduled for next Friday, Jan. 19, an extension granted as discussions with Amazon reportedly continue.
"To suggest that MLB or the Clubs would be ‘content,’ let alone willing, to endure such uncertainty into the 2024 season is misleading at best, and...
"The Debtors believe they have more than earned this extension through their hard work, diligence, and accomplishments to date."
"They’re bummed that this business that they put in a billion-and-a-half of equity value in is now going to be shut down."
"The Movants have asked for clarity on the 2024 MLB season. Now they have it."
Sinclair is also reportedly exploring a purchase of Diamond Sports Group outright.
"There is simply no justification for a further extension of exclusivity."
“The Arizona Coyotes remain under contract with Bally Sports Arizona and remain hopeful that the network will continue to broadcast our games this season."