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!

Report: Twins interested in Wade Miley

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Free agent left-hander Wade Miley is among several offseason targets for the Twins, according to a report from Darren Wolfson of KSTP. Miley’s $12 million option was declined by the Orioles back in November, and while he’s expected to attract another major league deal in 2018, he hasn’t exactly been highly sought after this offseason.

The 31-year-old lefty finished his second campaign with the Orioles in 2017, producing an 8-15 record in 32 starts and ranking second-to-last among all AL starters with a 5.61 ERA, 5.3 BB/9 and 8.1 SO/9 in 157 1/3 innings. Even taking Miley’s undeniable durability into account — he remained healthy for the bulk of the season and completed his sixth straight year with 30+ starts — his declining value and career-worst numbers may lower his price tag as the 2018 season approaches.

Wolfson notes that the Twins have engaged in “regular dialogue” with Miley’s agent this winter, but he’s far from the only starting pitcher they have their eye on. Right-handers Yu Darvish, Lance Lynn, Alex Cobb and Chris Tillman are still on their radar, among several others, and club owner Jim Pohlad said Saturday that he was “totally on board” with the idea of signing a big-name free agent like Darvish or another available starter. “There are some interesting names and some interesting opportunities there,” Pohlad told a crowd at TwinsFest. “I’m as intrigued by it as anybody and attracted to it as anybody.”