The Rangers sale hits a snag. Again.

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I reported way back in December that Chuck Greenberg and Nolan Ryan’s purchase of the Rangers was no done deal, that there were serious concerns that their offer was cash-light and debt-heavy, and too many people were owed too much by Tom Hicks to simply let the deal go through on the power of wishes, hopes and Nolan Ryan’s drawl.  At the time everyone — including Chuck Greenberg himself, who called me at home — told me I was wrong, and that things were smooth sailing.

Then a little problem with the creditors popped up, and once again I wrote about it.  Once again, people told me I was full of it, that the deal was all cream cheese, and why was I being such a negative nellie about it anyway?

As recently as a few days ago we were still getting those “this is a done deal” reports, the sort of which sound more like a press release than news.  But you’ll forgive me if I, once again, refuse to drink the Kool-Aid:

The sale of the Texas
Rangers stalled last week, sources said, after MLB informed the team’s
creditors that there would be delays in responding to the lenders’ concerns
about the deal.

The developments serve as
a challenge to would-be buyer Chuck Greenberg’s stated goal of having the
transaction closed by Opening Day, if it can close at all, the sources said . . .

. . . MLB, acting as
intermediary between the creditors and HSG, was scheduled to respond by Feb. 26
to their demand for more cash. On March 1, MLB informed the lenders that there
were delays but did not offer details for why the delays were happening, the
sources said.

Of the delays, one
financial source said, “I don’t even think a deal gets done at $300 million
from the banks’ perspective. It feels like they are spinning their wheels.”
Another financial source was not as pessimistic but conceded that the clock was
approaching midnight for getting a deal done by Opening Day.

The original basis of concerns I reported in December was that Greenberg’s group — which consists of a lot of investors banded together — didn’t have the cash.  In this, it’s like any other number of team purchases in recent years. Only in the post-2008 world, people aren’t as happy taking IOUs as they used to be.  While there was always some merit to those who gave blithe “everything is going to be fine” assurances before, right now people want their money, not promises. In light of this it doesn’t surprise me at all that the deal is hanging up like it is.

Will Greenberg and Ryan get the Rangers? I still think, yeah, it will probably happen.  Too many people want it to happen in order to stop it, and at some point, if the creditors become enough of a problem, baseball or someone may actually step in and help the buyers out in some way to get it done.  But please, everyone involved in this deal needs to stop pretending that we’re stupid for not buying their talking points.  This deal has been in some choppy water for a long time, and no amount of assuming its inevitability changes that.

Astros stave off AL West elimination, beat the Diamondbacks

Colby Rasmus, Gary Pettis
AP Photo
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Facing an elimination number of one, the Astros staved off elimination in the AL West by beating the Diamondbacks on Friday night by a 6-1 margin. The Rangers suffered a heartbreaking loss to the Angels on Saturday afternoon, which temporarily put the Astros’ fate in their own hands.

Colby Rasmus hit a pair of solo homers and Jose Altuve added a solo shot of his own. Starter Collin McHugh tossed seven innings of one-run ball, limiting the Diamondbacks to six hits and a walk with six strikeouts. Reliever Will Harris allowed a solo home run to Paul Goldschmidt in the eighth, but Luke Gregerson closed out the game with a scoreless ninth.

The Astros trail the Rangers by one game in the AL West and lead the Angels by one game for the second AL Wild Card slot. The Rangers can clinch the AL West on Sunday afternoon with a win or an Astros loss. The Astros can clinch the second AL Wild Card on Sunday afternoon with a win or an Angels loss.

The Yankees lost both ends of Saturday’s doubleheader against the Orioles and lead the Astros by only one game for the first AL Wild Card slot.

If the Astros win and the Rangers lose on Sunday, they will play an AL West tiebreaker in Texas. The winner will win the second AL Wild Card if the Yankees win on Sunday, or the first AL Wild Card if the Yankees lose on Sunday.

If the Astros lose and the Angels win on Sunday, the two teams will be tied for the second AL Wild Card. They would play a tiebreaker in Houston, and the winner would play the Yankees in New York in the Wild Card game.

Video: Kelby Tomlinson slides in for an inside-the-park home run

Kelby Tomlinson
AP Photo
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Giants second baseman Kelby Tomlinson looked more like Ladainian Tomlinson the way he was running during Saturday afternoon’s game against the Rockies. In the first inning with one out against starter Chris Rusin, Tomlinson hit a fly ball into the right-center field gap at AT&T Park, a great place to go if you’re in the mood for an inside-the-park home run.

Neither Carlos Gonzalez nor Chris Dickerson could corral the ball before it rolled all the way to the 421-foot marker at the fence. Tomlinson motored around the bases, but Gonzalez made a strong throw into cut-off man D.J. LeMahieu, and LeMahieu made a great throw in to catcher Tom Murphy, but Tomlinson slid in safely just ahead of the tag.

It was an exciting play and the hit proved important as the Giants eked out a 3-2 win against the Rockies.