Jon Heyman on the Rangers sale situation
by Adam J. Morris on Jan 18, 2010 1:26 PM CST
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PrintJon Heyman has a new column up, and along with having the Rangers among the ten teams who have had the best offseasons (they are at #7), he offers this on the Ranger sale process:
Prospective Rangers buyer Chuck Greenberg, a sports attorney from Pittsburgh, issued a statement after Friday's midnight deadline passed and no deal was done with owner Tom Hicks to buy the team. Greenberg said he feels they are extremely close to a deal and should keep negotiating. But MLB has about had it with Hicks, and top officials say they may soon take over the sale of the team, which potentially could bring the other two hopeful buyers back into the picture, those being Houston businessman Jim Crane, and former agent, and current White Sox executive, Dennis Gilbert, who has appeared to be baseball's top choice from the start. The sale price is expected to be $570 million, according to sources. One impediment to a deal has been Hicks' insistence upon maintaining significant power even after collecting the sale proceeds. Greenberg's big edge had been that he was willing to allow Hicks to remain as a board member who'd attend owners meetings.
Obviously, at this point, the signal to noise ratio is very low. That being said, I wouldn't be surprised if Heyman's story on MLB's view of Hicks is correct -- and it certainly is consistent with Gil Lebreton's column this past weekend, about Bud Selig getting involved to move things along.
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God, Hicks couldn't look any dumber in that picture
"BIg whoop, wanna fight about it?"
Quis custodiet ipsos custodes?
I don't think MLB will sell to another owner
but its not exactly surprising that they’re upset with Hicks and are going to step in to finalize the deal.
By 2028, Mark Teixeira will be in the HOF.
"I am one of the biggest Texas Ranger fans out there but I'm also one of the smartest. Deal with it."
-The Outlaw
If MLB/Selig get involved
It will be to close the current deal quickly, not restart the bidding process, IMO.
"Back on the scene, with a gangsta lean" RW
"When you have a weapon on your shoulder like he has, you can be cool." RW on Perez
And the little bastard threw it for a swinging strike three in a 3-2 count. He’s blessed. And ballsy.
I dunno
If MLB thinks they can get a better price they’d open up the bidding again. All owners have a vested interest in getting the highest price possible to keep the value of their clubs high. And it’s possible Hicks allowed Greenberg the benefit in the bidding process in exchange for keeping more interest in the team.
"You promised me, Eckstein, that if I followed you, you would walk with me always. But I noticed that during the most trying periods of my life, there have only been one set of prints in the sand. Why, when I have needed you most, have you not been there for me?" David Eckstein replied, "Because my little legs had gotten tired, and you were carrying me." And I looked down and saw that I was still carrying David Eckstein.
Then he grounded out weakly to second.
Valid point
And one I was thinking just after hitting post.
"Back on the scene, with a gangsta lean" RW
"When you have a weapon on your shoulder like he has, you can be cool." RW on Perez
And the little bastard threw it for a swinging strike three in a 3-2 count. He’s blessed. And ballsy.
No clue
$570MM was higher than predicted when this whole sale process started (I think it was $500-550MM). Nonetheless, it would suprise me if Hicks granted exclusive negotiating rights in exchange for a sweetheart deal for his interest.
"You promised me, Eckstein, that if I followed you, you would walk with me always. But I noticed that during the most trying periods of my life, there have only been one set of prints in the sand. Why, when I have needed you most, have you not been there for me?" David Eckstein replied, "Because my little legs had gotten tired, and you were carrying me." And I looked down and saw that I was still carrying David Eckstein.
Then he grounded out weakly to second.
i dont think MLB the cartel slash anti-trust exempt whatever it is
has to necessarily have the best interest of the rangers at heart when it comes to the team. maybe im crazy, but for example giving the old expos owner the marlins and the marlins owner the sawks, when stuff like this happens with ownerships and MLB gets involved, things get fishy quick.
I can't help it. I’m an asshole.
-brettgardner on Jul 7, 2009 10:55 PM EDT
please god!
save our rangers from this fuckface
I can't help it. I’m an asshole.
-brettgardner on Jul 7, 2009 10:55 PM EDT
by Jayslick on Jan 18, 2010 1:36 PM CST reply actions 3 recs
And with Evan Grants tweet
It appears that a showdown between MLB and Tom Hicks looms over #Rangers ownership.
That is from Friday
EG may have passed away at lunch Saturday, as his last tweet was “Dreamland bbq! 9:36 AM Jan 16th”…
:)
"Back on the scene, with a gangsta lean" RW
"When you have a weapon on your shoulder like he has, you can be cool." RW on Perez
And the little bastard threw it for a swinging strike three in a 3-2 count. He’s blessed. And ballsy.
by Rodney on Jan 18, 2010 2:10 PM CST up reply actions 1 recs
How much does MLB have invested in the Rangers?
How many times did MLB cover payroll in 2009? And how many dollars? Obviously the Rangers franchise is in debt to MLB but I don’t remember seeing how much they owe.
I understand the vested interest the other teams have is more than just the current debt but also the higher the $ of the sale, the higher the value of future team sales of current owners. But the current debt has to be of concern to MLB because without a sale, who knows how many times will MLB have to cover the Rangers payroll in 2010.
A rage builds in my loins.
"Sometimes you just want to sit back and watch somebody throw 100." - Jeff Passan on Neftali Feliz
"Baseball's all that's real" - JB
by Cecilio's Guante on Jan 18, 2010 1:46 PM CST reply actions
you might wanna get that checked out
"Hang-Dai, Wu...Hang-Fu$&ing-Dai"
by Walter Sobchak on Jan 18, 2010 2:12 PM CST up reply actions
Or just call spadedsnake
For a nut checkup.
"Back on the scene, with a gangsta lean" RW
"When you have a weapon on your shoulder like he has, you can be cool." RW on Perez
And the little bastard threw it for a swinging strike three in a 3-2 count. He’s blessed. And ballsy.
by Rodney on Jan 18, 2010 2:14 PM CST up reply actions 3 recs
that has to be what it is
but i think the bluff maybe taken further in that the other prospective owners might be asked to resubmit bids. I doubt any of this would surprise Maury Brown
If I may talk about the top 10 part of the column
I disagree a bit with Heyman when he says the Mariners improved defensively with the additions of Figgins, Kotchman, and Bradley. Figgins is a good defender, but Beltre is probably the best at the position. Bradley has never been known as a defensive whiz. Kotchman is better than Branyan so really you improved at 1 position.
"calmer than you are dude" Walter (Big Lebowski)
by Arlington Stadium Legend on Jan 18, 2010 1:53 PM CST reply actions
Good point
I kind of doubt that they see a net positive from those moves. They played some guys who are better than Bradley in LF last year, like Chavez and Langerhans. He either DHs or is a downgrade.
by Brett Perryman on Jan 18, 2010 1:59 PM CST up reply actions
And he can't DH too much
since they’re still kicking the tires on Griffey.
By 2028, Mark Teixeira will be in the HOF.
"I am one of the biggest Texas Ranger fans out there but I'm also one of the smartest. Deal with it."
-The Outlaw
beltre
top 5 or 10 evidently all time at 3b defense
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 Jan 18, 2010 3:49 PM CST up reply actions
In the end I think Hicks will come to an agreement with Greenburg
Before Bud steps in so he can remain is some capacity even if it is an honorary Dr. Pepper Jr Rangers membership.
by Panorama on Jan 18, 2010 1:57 PM CST via mobile reply actions 1 recs
I vote Hicks has to be Ranger Captain
and wear the horse head to every owners meeting. (even via conference call).
G G G E-flat_______ F F F D__________....
I vote Hicks wakes up next to a horses head tomorrow morning...
so this deal gets done ASAP
I did not ask you if you have herpes I said is that a hairpiece?!?
we should dress as barbarians
"Sometimes you just want to sit back and watch somebody throw 100." - Jeff Passan on Neftali Feliz
"Baseball's all that's real" - JB
by Cecilio's Guante on Jan 18, 2010 2:13 PM CST up reply actions
I'll get ready.....
Meet me at homeplate with a pitchfork, I’ll bring the torch!
by death of the cool on Jan 18, 2010 3:02 PM CST up reply actions
I can't believe I'm eventhing this, but,
You go, Bud!
"I’m not in the meetings and not part of the discussions; it’s not my responsibility. . My responsibility is to go out and win tonight. My focus is to win tonight. The club has to look at more than just this year." -Michael Young
"even thinking"
"I’m not in the meetings and not part of the discussions; it’s not my responsibility. . My responsibility is to go out and win tonight. My focus is to win tonight. The club has to look at more than just this year." -Michael Young
Consider the source, though
Heyman is a schill for Scott Boras. We all know that. I also think we learned from before Greenberg was chosen that Heyman is apparently close to Dennis Gilbert. He reported the story that said that Gilbert was the favorite. Now he reports that Gilbert is who MLB wanted all along. This, despite the reports that Selig wants Nolan to remain involved and MLB loving having local investors, neither of which Gilbert offers. I have no doubt that MLB wants this done soon and might become more involved but I would think that they would do everything they can to get it done with Chuck Greenberg. Just consider the biases of Heyman
"Thank God for Feldman." - Ron Washington to Eric Nadel, August 2008
Why do I get feeling.....
Tom Hicks is locked in his office with MLB officials trying to knock the door down. He has a pistol in his mouth waiting for the moment they break in to yell out “NO FUNERAL” and then…. BAM!
by death of the cool on Jan 18, 2010 3:06 PM CST reply actions
Would someone please hurry up and break down that door...
"grilled cheese punches like a bitch"
-Gdawg
by AceJC on Jan 18, 2010 3:10 PM CST up reply actions 1 recs
And then the theme from Shawshank Redemption plays
by Brett Perryman on Jan 18, 2010 3:11 PM CST up reply actions
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