The Rangers’ economic doom and gloom is almost exclusively attributable to Tom Hicks’ practice of loading the team’s parent company — Hicks Sports Group — with boatloads (and soccer team loads) of debt. Unable to make their cash calls, the group has had to be bailed out by Major League Baseball once already, and Hicks has the team on the market. The cash crunch comes at a time when the team is really only a piece or two away from being able to stomp on the Angels for supremacy in the AL West. Instead of doing that they’re doing things like messing around with the idea of bringing back Milton Bradley. Blah.
The thing about it though is that the Rangers — separate and apart from their debt-laden parent — make a lot of money, as Adam Morris at Lone Star Ball notes today. So much so that according to Adam (and the Fort Worth Star-Telegram), Hicks is trying to work out a way that he, along with some partners, could buy the team from his own company and own the thing in his own name. Given what his management of Hicks Sports Group has wrought there ought to be a law against that, but it could happen.
Lone Star Ball thinks that if he does it, Hicks will find economic religion and run the team like Jeff Loria runs the Marlins: low payroll, nice revenue, and the glad acceptance of Major League welfare from other clubs. I could totally see that: gamble big with everyone else’s money, but when it comes to his own, keep things nice and lean. It’s exactly the sort of thing you’d expect from a guy who once signed A-Rod and Chan Ho Park to $315 million worth of contracts, and then mere months later sat on the deck of his luxury yacht while screaming about how baseball needs a salary cap.
But as depressing as such a possibility may be, Hicks may not get the chance to run the Rangers into the ground for a second time. As Phil Rogers at the Chicago Tribune noted in his Whispers column yesterday, MLB appears to be forcing him to sell the team to one of three groups that submitted bids in the past couple of weeks. Right now the front-runner appears to be a group headed by Pittsburgh attorney Chuck Greenberg. His group includes Nolan Ryan in the package, and he may as well be the Almighty Himself when it comes to Texas baseball, so you know everyone with the exception of Tom Hicks himself and maybe Robin Ventura will push for it.
Whatever the case, this thing could be over quick. A source tells me that Hicks Sports Group is gearing up to make an announcement of a sale this week. If that happens it would be great timing, because maybe, just maybe, the prospect of a new owner would be enough to give GM Jon Daniels the green light to go make some noise at the Winter Meetings in Indianapolis next week.
From Jon Heyman of CBS Sports comes word that the Orioles “like” free agent starter Yovani Gallardo and “have reached out to him” to gauge his interest in coming to Baltimore and what that might cost.
Gallardo rejected a one-year, $15.8 million qualifying offer from the Rangers earlier this month and so his free agency is tied to draft pick compensation, but that shouldn’t hurt his bottom line all that much.
The 29-year-old right-hander posted a solid 3.42 ERA in 184 1/3 innings (33 starts) this past season for Texas and he pitched well in his one ALDS start.
Heyman reported a few weeks ago that the Diamondbacks are interested, and the Cubs, Blue Jays, and Dodgers were tied to him just ahead of the July 31 trade deadline.
David Price has expressed a desire to return to Toronto, where he finished out the 2015 season, but FOX Sports’ Ken Rosenthal writes Wednesday that the Blue Jays “are not expected to be a major factor in his free agency.”
The teams that should be considered serious suitors, per Rosenthal, are the Cubs, Cardinals, Giants, Dodgers, and Red Sox — all deep-pocketed teams looking to contend in 2016. Money is apparently the issue for the Blue Jays, who are currently owned by Rogers Communications.
Price registered an outstanding 2.45 ERA, 1.076 WHIP, and 225/47 K/BB ratio in 220 1/3 innings (32 starts) this past season between the Tigers and Jays, finishing second in the American League Cy Young Award race behind Dallas Keuchel of the Astros.
The 30-year-old left-hander is probably looking for a six- or seven-year contract worth more than $25 million per season. He is represented by agent Bo McKinnis.
Barry Jackson of the Miami Herald wrote three weeks ago that the Marlins were probably going to explore an extension this winter with second baseman Dee Gordon. And it sounds like those talks are underway.
Via beat writer Joe Frisaro of MLB.com:
As a guest on MLB Network’s “Hot Stove” show Wednesday morning, Gordon confirmed his camp has been in talks with the Marlins regarding a multiyear deal. A source told MLB.com that the discussions are preliminary and have just recently started.
“My agent is doing the talking,” Gordon said on the show. “They’re just keeping me in the loop. I think it’s going pretty well right now. We’ll see how that goes. I’m just playing the waiting game. We’re going to do the right thing.”
The 27-year-old carries three more seasons of salary arbitration, so there’s no real rush to get something done before next spring. Gordon carries quite a bit of leverage after posting a career-best .333/.359/.418 slash line in 145 games this past season for the Fish. He led all major leaguers in hits (205) and stolen bases (58).
Bud Norris has found a home for his attempt at a bounceback season, signing a one-year deal with the Braves. Jon Heyman of CBSSports.com says it’s worth $2.5 million, which is a huge cut from his $8.8 million salary this year.
Norris had established himself as a solid mid-rotation starter from 2009-2014, but had a brutal 2015 season split between the Orioles and Padres with a 6.72 ERA in 83 innings and a late-season move to the bullpen.
In announcing the signing the Braves referred to Norris as a starting pitcher, so joining the rotation for a rebuilding team gives him a chance to get his career back on track with an eye on hitting the open market as a free agent again next offseason. And if he fares well, the Braves could use him to add a prospect or two at the trade deadline.