Sinclair Is Exploring Options for the Tennis Channel Network

  • Company has received interest for asset from potential buyers
  • Broadcaster needs to make a $495 million settlement payment

Bjorn Borg on the set of the Tennis Channel Live, in 2023.

Photographer: Matthew Stockman/Getty Images 

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Sinclair Inc. is exploring options for its Tennis Channel network after getting interest from potential buyers, according to people familiar with the matter.

The company has hired a financial advisor to help evaluate its options, said the people, who asked to not be identified because the discussions are private. Talks aren’t final and plans may change, the people added.