Corporate Bankruptcy Proves That Investing In Kansas City Royals Isn't Sure Thing

A teachable moment . . . Smarter people than the denizens of 12th & Oak lost good money thinking that this team's fan base would carry their schemes . . . Fans of the home team weren't surprised when the plan FAILED . . . Check-it . . .

"The first reaction from Royals fans about the potential bankruptcy of Diamond Sports might be “no kidding, ya knucklehead, you didn’t make games available to viewers!” Royals fans are no doubt frustrated over the company’s tough negotiating stance with streaming providers that led to Bally Sports Kansas City being dropped by YouTubeTV, SlingTV, and DISH Network."

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Bally's Sports Kansas City parent company expected to go bankrupt, what does that mean for the Royals?

Diamond Sports Group, the Sinclair Broadcasting-owned subsidiary that operates Bally Sports Kansas City, skipped a $140 million interest payment last week, triggering a 30-day grace period that will almost certainly preface a bankruptcy filing.