A Missed $140 Million Payment Sends Sports TV Negotiations Into Overdrive

A Missed $140 Million Payment Sends Sports TV Negotiations Into Overdrive

The owners of the regional television channels branded as Bally Sports have nearly $9 billion in debt and owe hefty rights fees to M.L.B., N.B.A. and N.H.L. teams. Now, they’re all on the clock to find a solution.
FTX Negotiates for Return of $400 Million From Obscure Hedge Fund

FTX Negotiates for Return of $400 Million From Obscure Hedge Fund

The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.