Tom Hicks is getting squeezed from every direction

Leave a comment

Liverpool FC.jpgAs you all are probably getting sick of me reminding you, Tom Hicks is busy trying to figure out a way to make the Hicks Sports Group’s creditors happy so that the Rangers sale to Chuck Greenberg and Nolan Ryan can go through. So he probably didn’t need this: The Royal Bank of Scotland — to which Hicks and his fellow Liverpool FC owners owe 100 million pounds — has given him until April 6th to pay back the money. Most people thought he had until at least July. Nope. He needs the dough now.

In the meantime, some New York investors known as the Rhone Group — who are obviously no dummies — have offered Hicks exactly 100 million pounds for a controlling interest in Liverpool FC. Assuming he accepts the offer within the next 20 days, that is.  According to this article, Hicks rejected offers of as much as 500 million pounds for that stake just two years ago, however, and it’s an open question what the EPL would think about a guy torpedoing franchise values so severely in one fell swoop, so it’s possible that they wouldn’t allow the bargain basement sale to the Rhone Group to even happen.

The baseball point? As Maury Brown has astutely reminded me, the real hiccup in the Rangers deal is not the creditors accepting anything new from Greenberg. It’s the creditors making their peace with Hicks (i.e. the man whose business ran up the debt). Specifically, Hicks needs to kick in more cash from his take of the sale, or else the creditors won’t sign off. Only now it seems that Hicks has to kick cash all over the place lest he lose his soccer team in a foreclosure proceeding or, at best, take a royal bath on his investment.

Can Hicks print money?  If he’s going to sell his baseball team and keep his soccer team, he’d better figure out how to.  Here’s some irresponsible advice for Hicks:  take the 100 million in cash, kick the dough into the Rangers sale, and when the Royal Bank of Scotland comes knocking on the door for their money pretend you don’t speak British.

You can have that one for free, Tom.

Athletics acquire Ryan LaMarre from Angels

Getty Images
1 Comment

The Athletics acquired outfielder Ryan LaMarre from the Angels for cash considerations or a player to be named later, per a team announcement on Sunday. In a corresponding move, they placed right-hander Chris Bassitt on the 60-day disabled list and assigned the outfielder to Triple-A Nashville.

LaMarre, 28, signed a one-year contract with the Angels in November, but was designated for assignment last Tuesday in order to clear roster space for veteran catcher Juan Graterol. He batted .268/.375/.341 with two extra base hits and four stolen bases through 10 games in Triple-A Salt Lake.

The outfielder has not seen a major league assignment since 2016, when he appeared in six games with the Red Sox (three times in the outfield and once on the mound) and went 0-for-5 with a walk. He’s expected to give the A’s some depth in the minors and will join Andrew Lambo, Matt McBride, Kenny Wilson and Jaycob Brugman in Nashville’s outfield.

Blue Jays place Troy Tulowitzki on 10-day disabled list with strained hamstring

Getty Images
4 Comments

Blue Jays’ shortstop Troy Tulowitzki is headed to the 10-day disabled list, club manager John Gibbons announced on Saturday. Tulowitzki left the eighth inning of Friday’s series opener when he injured his right hamstring in an attempt to steal third. Gibbons doesn’t have a concrete timetable for the infielder’s return, but told reporters that he doesn’t anticipate a lengthy recovery period.

Tulowitzki has battled numerous injuries before, from a serious quad strain to a chip fracture in his thumb, but this appears to be the first hamstring issue that has cropped up in his 12-year career. He’s the latest casualty on Toronto’s roster, which has lost Josh Donaldson, J.A. Happ, J.P. Howell, Dalton Pompey, Aaron Sanchez, Bo Schultz and Glenn Sparkman to various injuries in the last month. No official replacement has been named yet, though MLB.com’s Austin Laymance suggests that infielder Ryan Goins is ready to step in for Tulowitzki going forward.

Prior to his injury, Tulowitzki slashed .263/.295/.386 with one home run and a .681 OPS in 16 games with the Blue Jays. He went 1-for-3 on Friday with a base hit and a walk.