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Timberwolves and Wild in limbo with Bally Sports North as another deadline nears

As their seasons are on the verge of starting, several NBA and NHL teams — including the Timberwolves and Wild — are in limbo with their TV futures, which includes how games will be shown this season and how they will be paid for it.

An article Monday in Sports Business Journal framed things up, calling this a "defining week for the future of Diamond Sports," which owns the Bally Sports regional channels that show games for 15 NBA teams and 12 NHL teams.

Two key deadlines loom by the end of the week, SBJ notes: Diamond's deal to show games on Comcast, the largest cable/satellite provider in the United States, expires this week; and Diamond has until Saturday to come up with a reorganization plan in bankruptcy court that will satisfy creditors.