Report: MLB to seize Rangers, complete sale, get sued

8 Comments

That’s the logical conclusion if what Sports Business Journal’s Daniel Kaplan is reporting is true:

MLB as soon as this week plans to dramatically alter the
course of the standoff between creditors and the owner of the Texas
Rangers,
multiple sources said last week, a development that could include the
league
seizing the franchise.

Were the league to seize the team under its “best interests of
baseball”rule, MLB could sell the club to the group led by Chuck
Greenberg and
Nolan Ryan without, the league believes, the creditors blocking the
deal, these
sources said. But were MLB to choose that course — and late last week,
the
situation was still fluid — financial sources predicted a furious
legal
response from the creditors that could involve an involuntary
bankruptcy petition
on behalf of the baseball team.

I get the reasoning: the creditors are owed money by Hicks Sports Group, the debt is not secured with a lien on the baseball team itself (MLB does not allow this) and Major League Baseball can kick Hicks Sports Group out of the ownership club if it wants to, leaving the creditors to fight with Hicks after the sale is done.

But such a move is almost certain to throw the whole matter into court, with the creditors almost certainly filing to get an injunction stopping the sale, because without the sale of the team at issue, the creditors lose all their leverage. Maybe they don’t get an injunction — if your beef is ultimately over money, you’re not supposed to be able to enjoin a business deal; rather, you’re supposed to let it all play out and get your money later — but depending on the court and the way the complaint is written and a bunch of other factors, it could happen. If so, and the Rangers are placed in legal limbo during the pendency of the lawsuit, the nightmare scenario that was described last week — indefinite MLB stewardship, no money for the draft, etc. — comes to pass.

But even if the sale is not enjoined, Major League Baseball is still stuck in a multimillion dollar lawsuit (and even if the sale is not held up over it all, you can bet that MLB will be named a party in the suit).  The calculation, one presumes, is that baseball is better off having the Rangers in Greenberg’s hands while fighting a lawsuit than it is to remain in the current stalemate.

If so, it tells you how ugly the stalemate is, because lawsuits like this are never fun, especially if they have the potential to have outsiders probe specific-team finances, which Major League Baseball is historically loathe to allow.

Popcorn anyone?

Billy Butler on altercation with Danny Valencia: “We had equal faults in this.”

OAKLAND, CA - JULY 24: Billy Butler #16 of the Oakland Athletics celebrates a solo homerun in the bottom of the eighth inning to regain the lead against the Tampa Bay Rays at the Oakland-Alameda Coliseum on July 24, 2016 in Oakland, California.  (Photo by Don Feria/Getty Images)
Don Feria/Getty Images
1 Comment

On Friday, Athletics teammates Billy Butler and Danny Valencia were involved in a clubhouse altercation that started when Butler told an equipment representative that Valencia was wearing off-brand spikes during games. Valencia didn’t like Butler’s interference, potentially costing him an endorsement deal, so he punched Butler in the temple, causing a concussion.

Neither player had said much to the media about the incident, but Butler finally addressed the issue on Wednesday. MLB.com’s Mark Chiarelli reported Butler’s comments:

“This was something that could’ve been prevented on both sides,” Butler said. “We had equal faults in this. I definitely said some things that you shouldn’t have. I definitely stepped in an area where it wasn’t my business.”

[…]

“By no means do I think his intentions were to give me a concussion,” Butler said. “This is me addressing my faults and what I took away from the team.”

[…]

“To say that we’re enemies is not right,” Butler said. “To blame this all on one side is not right either.”

Butler also apologized to his teammates. “I would like to apologize for putting [my teammates] through this because they didn’t deserve this. This was an issue between me and Danny. To be fair for them, they didn’t deserve this. The coaching staff didn’t deserve this. The organization didn’t deserve this,” he said.

Butler is making progress in his recovery from his concussion. He’ll travel with the team to St. Louis to open up a three-game series against the Cardinals starting on Friday. If he passes his concussion protocol test, the Athletics will put him back on the active roster from the seven-day concussion disabled list.

Report: Pablo Sandoval has lost 22 pounds during his rehab

BOSTON, MASSACHUSETTS - APRIL 11:  Pablo Sandoval #48 of the Boston Red Sox looks on from the dugout before the Red Sox home opener against the Baltimore Orioles at Fenway Park on April 11, 2016 in Boston, Massachusetts. The Orioles defeat the Red Sox 9-7.  (Photo by Maddie Meyer/Getty Images)
Maddie Meyer/Getty Images
4 Comments

WEEI’s Rob Bradford reports that Red Sox third baseman Pablo Sandoval has lost 22 pounds during his rehabilitation after undergoing shoulder surgery in early May. Weight has been the top subject of conversation regarding Sandoval ever since he showed up to spring training and an unflattering photograph was published by the Boston Globe.

Sandoval had a miserable spring training, batting .204 in 49 at-bats and lost out on the starting third base job to Travis Shaw. He went hitless in seven regular season plate appearances before landing on the disabled list with a sprained left shoulder, which ultimately required reconstructive surgery.

Sandoval is still under contract through at least 2019, earning $17 million next season, and $18 million in ’18 and ’19. His controlling club has a $17 million option with a $5 million buyout for 2020 as well. It’s hard to see Sandoval fitting into his current club’s future plans, but it will be tough for the Red Sox to get rid of him without eating a significant portion of his remaining contract.