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According to John Ourand, Bloomberg thinks that Diamond Sports will go into bankruptcy in the next two months. Diamond will likely skip a $140M interest payment due in mid-February. This will not bode well for local sports teams, who will not see a single rights fee paid to them until this bankruptcy plays out. This means layoffs, potentially. Diamond Sports is the parent of #BallySports #RSNs. That's a lot of NHL, NBA, and MLB teams affected.