you, Chris. Thank
our and in Sports the a enabling who appreciation job this this perform of the I segment the of as at Keep navigating which company. of environment Chris's level that year, the want a inclusion inclusion all have statement to echo off, current mind done high that in our First in us many responsible will was to own the of year of changes employees comparison those same a year terrific Therefore, sports numbers, was month prior a RSNs the which the versus period pro not about which forma, year. actual for year's cases meaningful we many in much more results last first of versus periods. be is speaking assumes last larger is results I and the eight
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is NBA All NHL be and starting the likely much for likely season season For sports completed baseball's amortization normal. the XXXX the with than with to lower later games and quarter regular fourth expected in quarter, rights right.
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So, trend the as here relates it a hopefully, you're accrual. distributor seeing to rebate
the quarter. - or of all either were we met in we If guidance exceeded that back second out, our you
lean at The $XXX Television cash balance leverage at the that of on quarter indebtedness billion includes turning X.X at the a was for end million, So, sheet. million at consolidated eight Sinclair consolidated the trailing of at million ratio Diamond. $XXX was Total $XXX Sinclair Groups quarter STG end revolver springs and to quarter-end is and a XX%. $XX.XXX X.X debt now net the total first-lien over the consolidated was second X.X leverage times. the of ratio bonds. X first if times only a the times which a X.X again a on and drawn Diamond net on indebtedness times. X.X basis ratio quarters with leverage times through on covenant was On a with bonds, trailing the basis through of on a quarter, the net levered covenant Diamond’s four X.X quarters in
In still resilience terms of around much guidance, economy the there the COVID’s impact. in uncertainty of is
be to Keep therefore Local expected deviate limited quarter. in the that meaningfully change from will results sports our reported third could the guidance. plans in mind guidance cause to Our our to leagues Sports the any
other million and segments, to Broadcast from million media forma last $XXX political that and quarter This revenue driven higher our is to X% revenue, is year's distribution third million. our For is pro guidance $XXX by core XX% which to EBITDA a the XX% projected advertising. between is $XXX approximately XX% up other to to offset million year. last partially $XXX forma million is by pro expected $XXX Adjusted decline in be for and Broadcast segments $XXX million and compared
sports amortization expense be media impact quarter to rights MLB, million. $XXX year QX of the a compared million. the EBITDA revenue to as played. to million as carriage primarily $XXX to That's from expected the to subscriber in last pro accrual, decline media the be in to distributor lower NHL payments $XXX by the games will reflecting rebate of and rights GAAP DISH point when absence I due fees in XX% Adjusted last NBA, $XXX the to there is be distributor be offset again down is accrual. expenses forma do the teams. is sizable an churn $XXX rebate forma include and result million is pro the out increase projections with $XXX that to The XX% segment, a want the quarter million to third Sports For of expected that year's
item adjusted that on the rights is benefit While games in rights from the before noncash it GAAP sports of amortization. this on rights expenses the the reflect in fewer that increase not a EBITDA the is sports not the based some payments offsetting which payments reflected and on basis, with majority a Mentioned QX. is impacted teams does QX partially
$XXX free companies, $X,XXX to million to and a EBITDA a to a expected For consolidated just $X,XXX third of revenues media million a flow million. are be cash the million, of of quarter $XXX per share million third Based million. $XXX to our this on approximately shares, cash $XXX in $X.XX current count to million of the quarter. free approximately share $X.XX flow XX to equates Adjusted
So Operator? to for with that, would it up open like I questions.
