David Preschlack, a former NBC Sports executive who oversaw its regional sports networks and previously had a 20-year run at Disney and ESPN, has been named CEO of the financially challenged Diamond Sports Group
, which led the purchase of the formerly Fox-branded RSNs now operated under the Bally’s name, Diamond has faced a grueling couple of years amid cord-cutting and Covid. The sports outfit, which owns and operates 19 RSNs along with a joint venture with the Chicago Cubs in Marquee and a minority interest in the YES Network, recently took a non-cash impairment charge of $1 billion in the third quarter.
Preschlack was most recently president of NBC Sports Regional Networks & Executive Vice President of Content Strategy for the NBC Sports Group. He also joined Diamond’s board of managers several months ago as the company was emerging from Covid, which caused disruptions to the company’s finances with game cancellations and postponements in 2020 and 2021.
Preschlack said Diamond is “uniquely situated to create a differentiated and truly integrated regional sports offering that puts fans first by delivering live local sports in an immersive engagement environment, and I am honored to step into the role of CEO at this important moment.
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