MLB, the NBA, and the NHL may buy the nation's dominant owner of a sports tv network, whose shuddery finance is a threat to their teams.

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The trio of pro sports is expected to get in talks with diamond sports., which operates around 21 regional bally sports networks.

MLB, NBA and NHL May Buy Regional Sports TV

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The diamond group is owned by Baltimore-based Sinclair Broadcast Group who is in accounts for more than half the local broadcast market in the country.

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MLB, NBA and NHL May Buy Regional Sports TV

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According to the sources, this deal is very looming for a diamond because it has been hemorrhaging cash which could lead to bankruptcy.

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MLB, NBA and NHL May Buy Regional Sports TV

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Sinclair at the start of 2019 won an auction to buy fox sports networks from 21st-century fox for $10.6 billion.

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MLB, NBA and NHL May Buy Regional Sports TV

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Which included 14 MLB teams, 16 NBA teams, and 12 NHL teams.

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MLB, NBA and NHL May Buy Regional Sports TV

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Insider says diamond might fetch $ 3 billion including its debts, which is presently trading at $2 billion.

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MLB, NBA and NHL May Buy Regional Sports TV

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Sinclair is expected to give over diamonds equity to creditors who will sell most of the operations to MLB, the NBA, and the NHL.

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MLB, NBA and NHL May Buy Regional Sports TV

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Diamond on September 26 is launching the top steaming service where consumers have to pay roughly $20 monthly and watch games.

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MLB, NBA and NHL May Buy Regional Sports TV

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Since MLB teams are the only ones playing during summer months it seems for the success of diamond.

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MLB, NBA and NHL May Buy Regional Sports TV

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So now MLB is considering launching its own streaming service that would carry local games as soon as next year. 

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MLB, NBA and NHL May Buy Regional Sports TV