fumble the bag

verb2

1. •
   (slang) To make unwise financial decisions that lead one to lose or not make more money.
2. •
   (slang) To miss out on an opportunity or to do a bad job using it.

   • Hulu really fumbled the bag when they canceled High Fidelity. So while they hold that L, I'll be begging other streaming services and networks to pick the series up. — 2020