Main Street Sports Network to Cease Operations

NBA and NHL teams informed of network's impending shutdown at season's end

Apr. 3, 2026 at 9:06pm

Got story updates? Submit your updates here. ›

A cubist, geometric painting depicting a fragmented sports arena, with sharp planes of navy, green, and orange intersecting to create a sense of motion and instability, reflecting the collapse of the Main Street Sports Network.The unraveling of a regional sports network empire exposes the fragility of traditional media models in the modern sports landscape.Oklahoma City Today

Main Street Sports Group, the parent company of the regional sports network FanDuel Sports, has informed NBA and NHL teams that it will cease operations at the end of their respective 2026 seasons. The network, which emerged from bankruptcy in 2025 with financial troubles, has lost the rights to broadcast games for all of its MLB teams and is now winding down its operations with the NBA and NHL.

Why it matters

The shutdown of Main Street Sports Network will leave 20 NBA and NHL teams without a local broadcast partner, disrupting fan access to games and creating uncertainty around future media rights deals in those markets.

The details

Main Street Sports Group, formerly known as Diamond Sports Group, filed for bankruptcy in 2023 after taking on nearly $9 billion in debt to purchase 21 regional sports channels from Fox. The company emerged from bankruptcy in 2025 but continued to face financial difficulties, missing payments to teams and eventually losing all of its MLB broadcast rights. With no new investor emerging, Main Street Sports is now preparing to wind down operations at the conclusion of the current NBA and NHL seasons.

  • Main Street Sports Group filed for bankruptcy in March 2023.
  • The company emerged from bankruptcy in January 2025.
  • All 9 of Main Street's MLB teams shed their local media contracts in early 2026.
  • 13 NBA teams will end their deals with Main Street at the conclusion of the 2026 regular season on April 12.
  • 7 NHL teams will end their deals with Main Street at the conclusion of the first round of the 2026 playoffs in late April.

The players

Main Street Sports Group

The parent company of the regional sports network FanDuel Sports, which filed for bankruptcy in 2023 and emerged in 2025 but continued to face financial troubles.

Diamond Sports Group

The former name of Main Street Sports Group, which took on nearly $9 billion in debt to purchase 21 regional sports channels from Fox.

DAZN

The streaming and entertainment platform that Main Street Sports pitched a last-ditch sale to in an effort to save its business, but the deal eventually disintegrated.

Got photos? Submit your photos here. ›

What they’re saying

“FanDuel Sports Network has reached agreements with the NBA and NHL to broadcast games and other programming through the end of the 2026 NBA regular season and the end of the first round of the NHL playoffs. We are preparing to wind down our operations upon seasons' end unless we reach a strategic transaction. We're pleased to finish out the NBA and NHL seasons, and we appreciate the collaborative relationships we have enjoyed with our team and league partners as well as the connections we have fostered with local fans.”

— Main Street Sports Group Spokesperson

What’s next

NBA and NHL teams affected by Main Street Sports Network's shutdown are expected to be reimbursed for some of their lost rights fees payments from the network.

The takeaway

The collapse of Main Street Sports Network highlights the ongoing challenges facing regional sports networks, which have struggled with rising costs, cord-cutting, and competition from streaming services. The shutdown will disrupt fan access to games in several NBA and NHL markets, underscoring the need for new media distribution models that can sustainably serve local sports audiences.