Who controls SportsNet LA? Are they 100% owned by TWC? If so, what stops TWC from deciding, "OK we made a mistake with this deal, we're just throwing away money at this point" and stop making payments to SportsNet LA? If that happens, SportsNet LA no longer has money to pay the Dodgers, and has no choice but to file bankruptcy. It is pretty easy to default on payments to a company you 100% own, because you know you won't get sued.
At this point, what recourse do the Dodgers have? Unless TWC guaranteed the payments SportsNet LA makes to the Dodgers, allowing the Dodgers to go directly after TWC, there's nothing for them to do but try to sell their rights again, presumably for less since no one would be likely to repeat TWC's mistake with an $8 billion deal.
The perfect time to do this would be right at the end of the regular season. The channel would go bankrupt in the off-season when no one would be watching it, and the Dodgers would have a chance to re-sell their rights before the spring if the bankruptcy went quickly through court (without parties with different interests fighting over it, it wouldn't be like the CSN Houston bankruptcy)
Clearly you do not know the ownership makeup of SportsNet LA which has been stated in this thread and is also readily available on the net, which makes your comments, null and void.