As 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.
CC Sabathia‘s contract with the Yankees expires after the 2017 season but the lefty feels that he has enough left in the tank to pitch in 2018 and beyond, Mark Feinsand of the New York Daily News reports.
Sabathia said, “I just know myself. I know I feel like it’s not my time yet. Barring any crazy injuries I know I can pitch past next year. I feel like this is just the beginning of what I’m trying to do. I feel like there’s a lot more still to learn and a lot better to get. It’s exciting.”
The 36-year-old lefty currently holds a 4.02 ERA and a 144/63 K/BB ratio in 172 1/3 innings. It’s his best and healthiest season since 2012. He battled a knee injury last season and checked into rehab for alcohol addiction last October. Sabathia said that being treated for his addiction put him “in a good spot.”
Sabathia is owed $25 million through a vesting option for the 2017 season.
The Red Sox can thank the Orioles for not having to fight to clinch the division on Thursday or later. The Orioles came from behind to defeat the Blue Jays 3-2 on Wednesday evening, clinching the AL East for the Red Sox.
A few minutes after that game went final, the Red Sox squandered a 3-0 lead taken in the eighth inning, culminating in a walk-off grand slam by Mark Teixeira in the bottom of the ninth inning. Closer Craig Kimbrel started the ninth, but didn’t have control over any of his pitches. He allowed a leadoff single followed by three consecutive walks to force in a run. Joe Kelly relieved Kimbrel and seemed to be close to wriggling out of the jam, getting Starlin Castro to strike out looking and Didi Gregorius to pop up. But after starting Teixeira with a first-pitch curve ball for a strike, Teixera clobbered a 99 MPH fastball, sending it over the fence in right-center to end the game.
For the Yankees, the come-from-behind victory was crucial as it staved off Wild Card elimination for one more day.
This is the first time the Red Sox have clinched the AL East since 2013, also the last year they won the World Series.