By JOE REEDY Diamond Sports Group, the largest owner of regional sports networks, could be down to broadcasting only one Major League Baseball team’s games next season. During a hearing in U.S. Bankruptcy Court in Houston on Wednesday, the operator of the Bally Sports regional sports networks indicated it will cut loose the seven teams it has under contract for the 2025 season. As part of its reorganization plan, Diamond plans to void the contracts of the Detroit Tigers and Tampa Bay Rays and to attempt to rework the deals of the five franchises that are partial owners of their regional sports networks — the Cincinnati Reds, Kansas City Royals, Los Angeles Angels, Miami Marlins and St.

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