UPDATE: Hicks has deal in place to sell Rangers

Leave a comment

UDPATE: The group headed by Greenberg, under the moniker “Rangers Baseball Express,” has a deal in place to purchase the Rangers from Hicks. An official sale price was not announced, but a source told Richard Durrett of ESPN Dallas that the price tag was under $570 million, which covers the team, the lease at Rangers Ballpark in Arlington and approximately 153 acres of real estate around the park. Greenberg acknowledged the purchase in a statement:

“Nolan and I greatly appreciate Tom Hicks’ willingness to work beyond
the deadline to complete the deal and his support for passing the torch
from the Hicks family to our group. His actions speak eloquently to his commitment to serve the best
interests of Rangers fans and the community.

The agreement won’t likely go into effect until March or Opening Day.

SATURDAY 1:41 pm: Tom Hicks, current owner of the Texas Rangers, is just about ready to hand the organization over to a new ownership group.  Word comes from MLB.com’s T.R. Sullivan that a deal could be reached as soon as this afternoon.

Hicks also owns the Dallas Stars and has a fifty percent stake in the English Premier League’s Liverpool Football Club, but he’s fallen on hard times recently due to the ongoing economic crisis in this country.

The new ownership group is headed by Chuck Greenberg, a sports attorney from Pittsburgh, and current club president Nolan Ryan.  The Rangers, under Hicks, won back-to-back American League West division championships in 1998 and 1999 and posted an 87-75 record last season.  With guys like Ian Kinsler, Josh Hamilton, Michael Young, Neftali Feliz and Vladimir Guerrero in tow, they’re ready to compete for another division crown this year.

Miguel Cabrera is being sued for reduced child support payments

Jason Miller/Getty Images
1 Comment

Tigers first baseman/DH Miguel Cabrera is being sued by a woman from Orlando, Florida who claims that he “unilaterally” reduced the amount of his monthly child support payments, Tony Paul of The Detroit News reports. Cabrera, who has three children with his wife Rosangel, also had two children with Belkies Mariela Rodriguez in 2013 and 2015.

Cabrera pays more than $6,200 per month in child support and helped Rodriguez purchase a nearly $1 million house. Rodriguez’s attorney calls Cabrera’s monthly payments “inadequate” because her children don’t quite have the same standard of living as Cabrera’s three children with Rosangel. Cabrera’s legal team accused Rodriguez of “embarking on a mission to extort additional moneys to be used for her benefit under the guise of child support.”

Cabrera, 34, signed an eight-year, $248 million contract extension with the Tigers in March 2014, which officially began in 2016. He made $22 million in 2014-15, $28 million in 2016-17, and will earn $30 million from 2018-21 and $32 million in 2022-23.

Along with reduced child support payments, Rodriguez alleges Cabrera left her “high and dry” when it came to monthly expenses with the house he helped her purchase.

Cabrera has requested that the judge recuse herself from his case, as her husband has a title with Rodriguez’s lawyers’ law firm following a merger. He is scheduled to be questioned under oath during a videotaped deposition on Thursday in Orlando. Rodriguez is scheduled for her deposition on Friday.

Cabrera is not the only player to find himself embroiled in such a case. Bartolo Colon was also sued for back child support for a “secret family” last year.