MLB is concerned about Greenberg group's funding in the Texas Rangers bid

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UPDATE:  I received a call from someone with the Greenberg group. They couldn’t explicitly comment because of confidentiality agreements, but they deny the report that there is anything amiss with financing and say that everything is going just fine.

Fair enough. The way it breaks down right now, however, is that I have a source I trust and who has no dog in the hunt telling me that there are issues with the financing. I have a party with an undeniable interest in the matter telling me that all is hunky dory.  Absent anything new, I am going to stick with the report as it currently stands.  Greenberg has a window to negotiate. If he has a deal at the end of all of this, we’ll know that, ultimately, there weren’t any problems (or at least the problems were overcome).  If it falls through, we’ll know differently.

3:02 P.M.: A source is telling me that that the Chuck Greenberg/Nolan Ryan group’s bid for the Rangers is in trouble.  Money trouble, specifically, as in they’re having problems putting financing together and it has Major League Baseball concerned that the bid may not be viable. Tom Hicks — who stands to be a minority stakeholder in the Greenberg group and desperately needs to sell the team to save his Hicks Sports Group — is freaking out.

You’ll recall that Greenberg’s group beat out the MLB-favored bid led by former agent Dennis Gilbert and the reportedly highest bid by Houston businessman Jim Crane. What they won was an exclusive negotiating window.  It may have been the Hicks/Nolan Ryan factor more than the merits of the bid that won the day, however, because even before this report there were whispers that Greenberg, while a great minor league operator, may not have the financial wherewithal to pull this off.

If the Greenberg bid falls through, it’s back to square one.  Specifically, it would mean that the Rangers would be left with Gilbert, for whom Nolan Ryan said he would not work, and Crane, who everyone who matters in Major League baseball hates because he reneged on a previous bid for a team (UPDATE: Apparently hatchets, to the extent they ever were wielded along these lines have been buried. I missed this over the weekend. Apologies).

Merry Christmas Rangers fans!

Orioles have reached out to Yovani Gallardo

Yovani Gallardo
AP Photo/Tony Gutierrez

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.

Cubs, Cardinals, Giants, Dodgers, and Red Sox all showing serious interest in David Price

AP Photo/Tim Donnelly

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.

Marlins have begun extension talks with Dee Gordon

Dee Gordon
AP Photo/Alex Brandon

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

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 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).

Braves sign Bud Norris to one-year contract

Bud Norris

Bud Norris has found a home for his attempt at a bounceback season, signing a one-year deal with the Braves. Jon Heyman of 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.