Don’t miss Trey Mancini and Joey Rickard guest bartend at the first Brews & O’s event June 10th. Get your tickets today!

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Sinclair Broadcast's stock soars as executives say $10.6 billion sports network deal will transform company

Sinclair Broadcast's stock soars as executives say $10.6 billion sports network deal will transform company

Sinclair Broadcast Group’s stock soared nearly 35% Monday as the transformative nature of its $10.6 billion deal to become the nation's largest owner of regional sports networks became apparent.

The deal, announced Friday, will more than double the Hunt Valley-based broadcaster’s revenue and enable it to attract even more viewers with the help of streaming services and the growth of legalized sports betting, executives said Monday.

Sinclair will partner with the owner of The Weather Channel to buy 21 regional sports...

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