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Hicks looking to sell part of Rangers & Stars

awesome news!

 

He might be selling parts of the team which I think would be great news! Maybe Cuban can buy part of the Rangers and then buy Hicks out. This man is cheap and does not care about winning or the fans. He has a pathetic team salary for a big market team. I would love Nolan and Cuban to buy shares and invest their money into this team. If that happens I see the Rangers bringing in the best players to go along with their young players and building a winning and entertaining team for years to come.

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Do it.

Do it.

Ceterum censeo Cat esse delendam

by Brett Perryman on Mar 25, 2009 11:04 PM CDT reply actions   0 recs

Don't want Cuban, but would love another owner

Cuban would meddle too much

Enough Andruw Jones! This is getting ridiculous!

by NothinG on Mar 25, 2009 11:10 PM CDT reply actions   0 recs

haha

Can you imagine him jumping out of the owners’ box and onto the field to argue balls and strikes? That would be hilarious. Very bad, but hilarious.

Cuban doesn’t seem to have the temperament to own a baseball team. I could be wrong, but to me he seems like he has enough trouble with the Mavericks although he has done a lot of good things there.

by Black Francis on Mar 26, 2009 4:06 PM CDT up reply actions   0 recs

maybe GW

Enough Andruw Jones! This is getting ridiculous!

by NothinG on Mar 25, 2009 11:11 PM CDT reply actions   0 recs

this would be change i can believe in...

Scout: He was a first-round pick right? Got a huge bonus?
KG: Oh yeah.
Scout: Well, he spent a lot of it on milkshakes.

by knockoutking on Mar 25, 2009 11:13 PM CDT up reply actions   0 recs

From Jeff Wilson
Tom Hicks confirmed that he is seeking investors to buy into the Rangers — and will start to do so soon with the Stars — but he said the process is “not a big deal.” Hicks said he hopes team president Nolan Ryan will invest in the Rangers, but he doesn’t expect President Bush to become a partner.

Hicks said he owns 95 percent of each franchise, and “I don’t need to own 95 percent of any team.” He would maintain controlling interest when the process is over.

DMN blog entry

Serenity now, insanity later.

-Lloyd Braun

by Kevin McBrayer on Mar 26, 2009 1:56 AM CDT up reply actions   0 recs

Thank heavens.

One less thing the man can screw up ….

by Athos on Mar 26, 2009 8:23 AM CDT up reply actions   0 recs

Only...

…if he can trick the City of Dallas into paying for a new stadium downtown.

by Black Francis on Mar 26, 2009 4:08 PM CDT up reply actions   0 recs

He's only looking to sell up to 49% of the teams.

So he still wants a controlling interest.

Defending Big D: A Dallas Stars blog on SBN: easy to use, free to join.

by Brandon Worley on Mar 25, 2009 11:13 PM CDT reply actions   0 recs

The Ahmad looking to change blogs - awesome news!

Great Success!

"...my balls are really like a veiny flesh color" blueballlefty on Jun 4, 2008 7:44 PM EDT
"you gonna lose your horse. seriously." FX2
Yes we can! November 04, 2008

by Rodney on Mar 25, 2009 11:20 PM CDT reply actions   0 recs

just more proof

that Hicks cares more about diversification than winning

by kevinkinsler on Mar 25, 2009 11:42 PM CDT reply actions   0 recs

This again?

Give me Sheets or give me Offseason Blues Part III.

by Chase Irwin on Mar 25, 2009 11:44 PM CDT reply actions   0 recs

The economy must have hurt him real bad

because it is no time to sell part of your stake in the Rangers. Talk about buying low with the future looking really bright.

by Agreen07 on Mar 25, 2009 11:48 PM CDT reply actions   0 recs

Didn't Nolan make an offer once?

Or did I imagine that?

-- Micah
Baseball Is My Boyfriend
I want to be the next Annie Savoy.

by baseballismyboyfriend on Mar 25, 2009 11:48 PM CDT reply actions   0 recs

would he still be able to own the CC hooks and the round rock teams (minors)

or would he have to sell them if he owned a major league team?

Scout: He was a first-round pick right? Got a huge bonus?
KG: Oh yeah.
Scout: Well, he spent a lot of it on milkshakes.

by knockoutking on Mar 26, 2009 12:00 AM CDT up reply actions   0 recs

I'm sure that if he wanted to keep them

he’d engineer a sale to his kids, much like Selig did with the Brewers when he became Commissioner.

"The idea that the Rangers are going to be a solid contender for a number of years is a fantasy." - Adam J. Morris

by DJCahill on Mar 26, 2009 2:07 AM CDT up reply actions   0 recs

come to think of it

i think he did that already in order to become rangers team president, so its a moot point anyway

iirc his kids are running the teams anyway

Scout: He was a first-round pick right? Got a huge bonus?
KG: Oh yeah.
Scout: Well, he spent a lot of it on milkshakes.

by knockoutking on Mar 26, 2009 7:36 AM CDT up reply actions   0 recs

yup Ryan doesnt "own" those teams i believe his kids have complete control now

mormons stole me and held me against my will with Oklahoma beer and 12+ hour work days.

by Jayslick on Mar 26, 2009 1:52 PM CDT up reply actions   0 recs

Report said 49%

but he only owns 95% so is it talking about 45% of his stock or the entire club?

by blueballlefty on Mar 26, 2009 12:05 AM CDT reply actions   0 recs

He's willing

to see up to 44% of his 95% of the Rangers. He wants to make sure he owns at least 51% of each franchise so that he still has controlling interest.

by CS3 on Mar 26, 2009 12:56 AM CDT up reply actions   0 recs

Meh who cares..

He’ll still be calling the shots so we lose.

Josh Hamilton puts his pants on one leg at a time just like you but once he gets his pants on he hits baseballs 420 feet.

by BigGuns on Mar 26, 2009 8:31 AM CDT reply actions   1 recs

How much would it take to purchase 1%?

Anyone know?

Ya....That's Real Mature.

by SMITTY on Mar 26, 2009 11:25 AM CDT reply actions   0 recs

1% of ~$550 million.

The math is your job.

"...my balls are really like a veiny flesh color" blueballlefty on Jun 4, 2008 7:44 PM EDT
"you gonna lose your horse. seriously." FX2
Yes we can! November 04, 2008

by Rodney on Mar 26, 2009 11:35 AM CDT up reply actions   0 recs

lol, no doubt.

"...my balls are really like a veiny flesh color" blueballlefty on Jun 4, 2008 7:44 PM EDT
"you gonna lose your horse. seriously." FX2
Yes we can! November 04, 2008

by Rodney on Mar 26, 2009 12:42 PM CDT up reply actions   0 recs

i vote

yes.

Scout: He was a first-round pick right? Got a huge bonus?
KG: Oh yeah.
Scout: Well, he spent a lot of it on milkshakes.

by knockoutking on Mar 26, 2009 6:10 PM CDT up reply actions   0 recs

I don't know about smitty

But it’s always the math that has me running for the door.

She was a grand old lady...

by lonestarJon on Mar 26, 2009 6:53 PM CDT up reply actions   0 recs

Tom Hicks is going broke

here’s my math:

he’s trying to sell LFC before he has to pay 350,000,000 pounds in mid july + he is trying to sell the Stars + he is trying to sell the Rangers + HSG was his collateral to get the loan for Kop Holdings which has its payment due + Tom Hicks is talking about a $50M payroll next season = Tom Hicks is in over his head, He’s done.

I just hope the guy totally loses his shirt and has to sell everything. I hate that guy.

Im broke!

mormons stole me and held me against my will with Oklahoma beer and 12+ hour work days.

by Jayslick on Mar 26, 2009 2:01 PM CDT reply actions   0 recs

Hicks

Considering that George Gillette is also trying to sell part (if not all) of the Montreal Canadiens, and he’s Hicks’ partner with Liverpool, that they’re both selling off part of their U.S.- based clubs to help pay that massive 350 million pound note on Liverpool.

Hicks has also been talking to some investors about buying into Liverpool, so it appears he’s either having money problems, has realized that he needs more than one partner to afford his sports teams, or both.

"I dont care to debate with a troll." - Sharky

by RCCook on Mar 26, 2009 4:01 PM CDT up reply actions   0 recs

I think part of both owners issues is the

dried up commercial lending market, and subsequently the disappearance of institutional and private venture capital. In essence, Hicks has most likely ran through all the usual suspects in that arena, and is now looking for partner investors. I feel this is the only way any of this would ever hit the public knowledge.

"...my balls are really like a veiny flesh color" blueballlefty on Jun 4, 2008 7:44 PM EDT
"you gonna lose your horse. seriously." FX2
Yes we can! November 04, 2008

by Rodney on Mar 26, 2009 4:43 PM CDT up reply actions   0 recs

Yep

I think that’s exactly right.

"I dont care to debate with a troll." - Sharky

by RCCook on Mar 26, 2009 4:48 PM CDT up reply actions   0 recs

The first thing Cuban would do...

…is fire Chuck Morgan and replace him with Humble Billy Hayes.

by Adam J. Morris on Mar 26, 2009 6:38 PM CDT reply actions   0 recs

fire chuck morgan...

isnt that a web site or something?

by Smoakin in the Boys Room on Mar 26, 2009 7:44 PM CDT up reply actions   0 recs

I for one would like to congratulate The Ahmad on his last few fanposts.

They have been smarter and more concise. Keep up the good work.

by oc on Mar 27, 2009 3:06 AM CDT reply actions   0 recs

2nd that.

G G G E-flat_______ F F F D__________....

by t ball on Mar 27, 2009 10:39 AM CDT up reply actions   0 recs

I will give no props.

Rock Flag & Eagle Radio: Thursdays 10 PM - 1 AM on FM 88.7 The Choice
"Computers can’t measure the size of a man’s heart."
- Hawk Harrelson, MLB Guru/Analyst

by Maximilian on Mar 27, 2009 3:18 PM CDT up reply actions   0 recs

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