Sinclair dismisses report its sports broadcasting unit could be bought out by sports leagues and says it will launch new streaming platforms next week

Sinclair Broadcast Group, a Hunt Valley-based TV station owner, dismissed as “speculation” a report that it’s trying to sell its Diamond Sports unit to three professional sports leagues, even as plans were confirmed Thursday for the launch of new regional sports streaming services around the country next week. Sinclair bought the regional sports networks for $10.6 billion in 2019, but they were hit hard by pandemic-related disruptions and “cord cutting,” in which many fans have abandoned traditional cable TV.