Remember when Sinclair paid a boatload of money to buy up a bunch of regional sports networks.

The company acted like this was the greatest business deal that they have ever made. Then they renamed the RSNs to Bally Sports.

Well, it appears that the RSNs are not doing as well as Sinclair thought they would and some think the sports networks are close to filing bankruptcy as debt builds up.

Now, it appears that Sinclair is looking to sell the RSNs and has retained an investment bank to try and do just that.

But, will anyone be interested in buying the RSNs, or, could they wait for them to go into bankruptcy and pick them up at a bargain price?

Stay tuned…