An idle thought on Rangers finances

That’s why he got the consulting gig…Hicks is paying Hart so that Hart won’t flee the Rangers and deprive them of the best mind in baseball.

Also collecting $1.5 MM from the Rangers in 2009, IIRC.

Who knows how much else was spent in the acquisition process.

It doesn’t matter who the owner is. If George Steinbrenner was the owner of the Rangers next year our payroll would still be low

I would guess that JD had an overall budget going into the draft and has authority to spend up to that limit. Hopefully JD drafted with that in mind and can get the top 2 and a bunch of slot guys signed.

Many employment contracts have out clauses, such as if the company is sold, the contract is only valid for an x amount of time after the sale.

CHP $65 Million
Juan Gonzalez $24 million
Jay Powell $9 million
Todd Van Poppel $4.5 M

Thats about 40% of the Rangers debt, right there.

Good businessman, sh!t baseball owner. I suppose, however, the measure of a good businessman is over the duration, and as of now he’s not looking too good.

I suspect there’s a little more smoke there than fire too.

I lurk over at a Liverpool message board (Red and White Kop) and some of the “insider” sources over there say that the stories of the team’s financial woes are more than a little overstated, particularly when it comes to the amount of money available this summer for player acquisitions.

Granted, the Rangers and LFC are separate entities, so what affects one may not necessarily affect the other.

“People familiar with name your fucking source, Heyman”

it seems like since ST saying that the Rangers would not add payroll. It has been said a number of times that they would like to trade Blolock so that they would have payroll flexibility at the trade deadline.

But have worked and traveled throughout the U.S. and a fair piece of the rest of the world. There is a trend in the mindset of many “traditional” metropolitan centers – NY, Chicago, LA, others – that is shared among standards of civility, economic judgment, view of the rule of law, cultural value of different denominations of entertainment, and the whole arena on non-tangible valuation – including sports (wherein you spend for experience and come away with nothing of tangible value from the transaction).

The whole arena has degraded to trying to be the leader in getting paid for nothing in return. Bundles of futures options, bonds made of pure junk, unpayable/uncollectible mortgages, pop now and forgotten in four months entertainment, all consist of getting paid without producing anything. Perhaps unconsiously, sports communicators in those locales and those that pretend to be ‘national’ keep hoisting their petards into the millieu, seeking recognition as "pop’ or ‘must see or read’. Think the dollar is on a death spiral to devaluation? The whole industry of pop adoration and pop following culture will wilt at about the same pace. It doesn’t grow wheat, make bread, grow vegetables, tender milk cows, (all figurative examples of living via your own efforts at subsistence). IOW guys like Heyman always push a step ahead of what they think they see coming (and sometimes have a gain agenda for doing so). No matter the discipline, the trade, the profession, the industry,

I couldn’t care less what Jon Heyman thinkgs, much less writes. OTOH from out in flyover country you get Joe Posnanski, Adam Morris, Jamey Newberg – all worth your time and a chunk of your gray matter. Those three are not alone, but are venued to goodness in life, including willingness to use baseball as a media for useful thinking.

/sermon – apologies for its’ length

I can see Daniels and Co. standing pat rather than overpay in prospects. And I think they’re willing to take the heat for it from fans and media.

This team is in first place, kick back and enjoy it, for soever long as it lasts.

It’s almost like we are a bunch of dysfunctional teens here, just looking to start shit for whatever reason.