Sinclair Broadcast Group said it sold its controlling interest in Chicago sports network Stadium to Jerry Reinsdorf’s Silver Chalice. Reinsdorf is the owner of the Chicago White Sox of Major League Baseball and the Chicago Bulls of the National Basketball Association. Financial terms of the deal were not disclosed. Chalice has owned a stake in Stadium since it was started in 2017.
The network will be built through the merging of 120 Sports’ live studio operations, Silver Chalice’s Campus Insiders’ live collegiate games and Sinclair’s American Sports Network’s distribution and live collegiate games.
