By TMZ Sports

Shane Mosely tells TMZ Sports he sees the writing on the wall -- acknowledging that Don King might TKO his fight with Ricardo Mayorga next week unless his lawyers can pull off a miracle.

As we previously reported, King claims he has the rights to Mayorga and never signed off on the August 29th rematch with Mosely. Shane went to court in Miami hoping to stop King from blocking the fight, but Shane doesn't think it's going his way.

"I feel that it's gonna be kind of hard for the fight to take place ... but there's some things that my legal team said that we can do to make it where we can actually get the fight," Mosely said.

Shane says if the fight DOESN'T happen, not to fear -- "I hear there's other fights, pretty good fights out there as well on the same day. We're gonna see how things go."

Unclear if he means HE'LL try to set up another fight for that night ... or sit back, relax and watch some other people duke it out.