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

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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?

Rangers, Rougned Odor finalize contract extension

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The Texas Rangers announced today that they have finalized a six-year, $49.5 million extension for second baseman Rougned Odor. There is an option for a seventh year that could bring the deal to $52.5 million. That a deal was done was reported over the weekend by Jon Heyman and Evan Grant.

The deal covers Odor’s first three years of arbitration eligibility. Odor had previously agreed to a $563,180 salary for 2017.

The 23-year-old second baseman tallied 33 home runs, 88 RBI, 14 stolen bases, and 89 runs scored in 150 games last season.

2017 Preview: Our Predictions

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By now I don’t need to tell you how silly it is to predict the outcome of a baseball season in which over 2,400 baseball games are played by over a thousand players, all of whom are subject to injury and/or wild variation from past performance or reasonable expectations. Baseball is freakin’ chaos, my friends. And while that is one of the top things to recommend it, it’s also the thing that makes predicting its outcomes a fool’s errand.

Let no one say that Bill, Ashley and I aren’t fools. We’re gonna make our picks anyway, because that’s what we do:

 

ASHLEY’S PREDICTIONS

AL East: Red Sox
AL Central: Indians
AL West: Mariners
AL Wild Cards: Astros, Blue Jays

NL East: Nationals
NL Central: Cubs
NL West: Giants
NL Wild Cards: Mets, Dodgers

ALCS: Astros vs. Indians
NLCS: Giants vs. Nationals
World Series: Astros vs. Nationals … Nationals win!

AL MVP: Mookie Betts
NL MVP: Kris Bryant
AL CYA: Chris Sale
NL CYA: Madison Bumgarner
AL ROY: Andrew Benintendi
NL ROY: Dansby Swanson
AL MOY: A.J. Hinch
NL MOY: Bruce Bochy

 

BILL’S PREDICTIONS

AL East: Red Sox
AL Central: Indians
AL West: Astros
AL Wild Cards: Rangers, Blue Jays

NL East: Nationals
NL Central: Cubs
NL West: Dodgers
NL Wild Cards: Mets, Cardinals

ALCS: Indians vs. Rangers
NLCS: Cubs vs. Dodgers
World Series: Dodgers vs. Rangers, Dodgers win in five games.

AL MVP: Manny Machado
NL MVP: Corey Seager
AL CYA: Chris Sale
NL CYA: Noah Syndergaard
AL ROY: Yoan Moncada
NL ROY: Dansby Swanson
NOTE: Bill did not pick Manager of the Year recipients because he is a communist who does not believe in honoring those who benefit from the labor of others. Then I shamed him about it on Twitter, so he pitched A.J. Hinch and Dusty Baker.

 

CRAIG’S PREDICTIONS

AL East: Red Sox
AL Central: Indians
AL West: Astros
AL Wild Cards: Mariners, Tigers

NL East: Nationals
NL Central: Cubs
NL West: Dodgers
NL Wild Cards: Mets, Giants

ALCS: Red Sox vs. Indians
NLCS: Cubs vs. Dodgers
World Series: Red Sox vs. Cubs, Cubs win in seven games

AL MVP: Mookie Betts
NL MVP: Yoenis Cespedes
AL CYA: Justin Verlander
NL CYA: Clayton Kershaw
AL ROY: Andrew Benintendi
NL ROY: Hunter Renfroe
AL MOY: A.J. Hinch
NL MOY: Joe Maddon

Mark it down, you guys. And then please forget it, because we’re gonna pretend these predictions never happened come October.