NBA and NHL franchises informed that Main Street sports network will cease operations.

Main Street Sports Group, the struggling regional sports network that emerged from bankruptcy with ongoing financial difficulties, has notified NBA and NHL teams that it will terminate operations at the conclusion of their respective seasons, thereby releasing an additional 20 teams from their local-media agreements.

Main Street operates its broadcasts under the FanDuel Sports name and began 2026 with a portfolio of 29 NBA, NHL, and MLB teams. However, as spring training approached, all nine MLB teams ended their local-media contracts with the network. Thirteen NBA teams are set to follow suit once their regular seasons conclude on April 12. Seven NHL teams will officially do the same at the end of the first round of the playoffs later that month.

In a statement to ESPN on Friday, a representative for Main Street Sports stated: “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 conclusion of the first round of the NHL playoffs. We are preparing to wind down our operations upon the seasons’ conclusion unless we secure a strategic transaction. We are pleased to complete the NBA and NHL seasons, and we value the collaborative relationships we have enjoyed with our team and league partners as well as the connections we have built with local fans.”

Main Street was formerly known as Diamond Sports Group, a subsidiary of Sinclair that incurred nearly $9 billion in debt to acquire 21 regional channels from Fox, leading to its bankruptcy in March 2023. Twenty-two months later—after numerous missed payments, ongoing distress, contentious court disputes, and a three-month period during which Comcast removed its channels from the air—the company emerged from bankruptcy.

By January 2, 2025, the company had secured a new naming rights agreement, maintained a strong portfolio across three leagues, and signed a commercial deal with Amazon. There was optimism for continued operations—but that did not endure for even a full year. Sports Business Journal reported in late December that Main Street Sports had failed to make a payment to MLB’s St. Louis Cardinals and was proposing a last-ditch sale to streaming and entertainment platform DAZN to salvage its business.

That agreement with DAZN ultimately fell apart. Additional missed payments ensued, leading all MLB teams to terminate their previous contracts. Another investor has seemingly not come forward. And soon, unless a last-minute miracle investor appears, the company is likely to liquidate.

According to Sports Business Journal, which first reported that Main Street would initiate its wind-down process, NBA and NHL teams have not received their rights fees this year. Those teams are anticipated to be compensated for some of their lost payments, SBJ added.

Main Street Sports currently holds local rights for the NBA’s Atlanta Hawks, Charlotte Hornets, Miami Heat, Oklahoma City Thunder, Cleveland Cavaliers, Indiana Pacers, Detroit Pistons, Minnesota Timberwolves, Orlando Magic, Milwaukee Bucks, San Antonio Spurs, LA Clippers, and Memphis Grizzlies. In the NHL, it covers the Minnesota Wild, Nashville Predators, Detroit Red Wings, Los Angeles Kings, Carolina Hurricanes, Columbus Blue Jackets, and St. Louis Blues.