The biggest reason the sale of the Texas Rangers still hasn’t gone final is because the team’s creditors are angry that all kinds of cash is coming off the top of the deal to go to Tom Hicks and others, leaving less for them. One of the “others,” SBJ reports today, is a deferred compensation fund that the Rangers are required to maintain pursuant to the Collective Bargaining Agreement. Yeah, they’ve been defaulting on that:
The Texas Rangers have been
in violation of baseball’s collective-bargaining agreement since at least last
season for failing to pay $39.55 million into a deferred compensation fund,
according to a letter sent on Oct. 22, 2009, by MLB executive vice president
Rob Manfred to the bidders for the ballclub. The MLBPA is aware of the
situation, Manfred wrote in the letter, and the union’s executive director,
Michael Weiner confirmed, in response to SportsBusiness Journal questions.
Weiner confirms that the team has not yet defaulted on any specific deferred compensation obligation (i.e. all players who have such arrangements have gotten all of their checks) but a violation is a violation, and if and when Chuck Greenberg gets the team, he’s going to have to replenish that fund with a cash payment.
There’s that word again. “Cash.” The thing that some have reported this deal is short on. The thing that is still keeping the creditors from signing off on the sale. You read stuff like this and you can’t help but wonder whether Greenberg has enough on the table right now.
Mets’ outfielder Curtis Granderson has been named the 2016 recipient of the Roberto Clemente Award, an annual distinction bestowed on the major league players whose dedication to the game of baseball is evident both on and off the field.
Granderson is the 47th recipient of the award since its introduction in 1971, and, according to MLB.com’s Anthony DiComo, the fourth Met honored with the distinction following former members Gary Carter (1989), Al Leiter (2000), and Carlos Delgado (2006).
The 35-year-old contributed 30 home runs and a .237/.355/.464 line during the Mets’ 87-75 run in 2016, but it was his work off the field that set him apart. Over the past six years, Granderson helped fund a new baseball facility at his alma mater, the University of Illinois at Chicago, and partnered with Michelle Obama’s Let’s Move! campaign to combat childhood obesity. He has also been recognized for donations to the YMCA, United Neighborhood Houses, and City Harvest, among other charitable organizations. Most notably, he founded the Grand Kids Foundation, an organization that has furthered the education, fitness, and health of kids living in Chicago since 2007.
MLB Commissioner Rob Manfred recognized Granderson’s efforts in a brief ceremony preceding Game 3 of the World Series:
Curtis Granderson is an outstanding ambassador for our game and a positive role model for kids. His commitment to the many communities that have touched his life and the great impact of these efforts makes him a very deserving recipient of our most prestigious award. On behalf of Major League Baseball and all of our clubs, I congratulate Curtis and thank him and all of our nominees this year for everything they do to make a difference in the lives of others.
We all get inspiration from various sources. Sometimes, it comes from a mentor or peer who has excelled in their field. Sometimes, it’s a video of a dog owner dressing up as his golden retriever’s favorite chew toy (just me? Okay).
If you’re Cubs’ manager Joe Maddon, it’s Michael Scott, regional manager of the Scranton branch of Dunder Mifflin, Inc., founder of the Michael Scott Paper Company, and one-time star of the hit television show Fundle Bundle. At least, that’s what he told the press during the club’s pregame conference on Friday afternoon.
Thankfully, the Cubs don’t have to worry about Maddon emulating the more outlandish behaviors Steve Carell exhibited on The Office. If anything, the praise Michael heaps on himself as the World’s Best Boss could be aptly applied to Maddon’s managerial style — Spencer Gifts mug and all.