The judge in the Texas Rangers bankruptcy case ruled today and — contrary to the statements he made from the bench last week in which he suggested he was leaning in the Rangers’ favor — held that the creditors’ interests are “imparied” by the bankruptcy plan. That means they can vote to accept or reject the prepackaged plan that the team had come up with. Of course, the creditors have said they would reject the
prepackaged plan, so unless something dramatic happens soon, they probably will.
I haven’t read the entire decision yet — Maury’s got it in case you’re interested — and I will obviously update with nuances that matter, but the upshot of this is that the plan for the Rangers to emerge from bankruptcy quickly (i.e. before the trading deadline) is in serious jeopardy. It also means that the whole sale of the team to Chuck Greenberg and Nolan Ryan could unravel, and the team could be put up for bid again. Obviously if the team doesn’t emerge from bankruptcy and isn’t sold before the end of July the Rangers will be in no position to make any big moves before the deadline.
That sound you hear is every Rangers fan in the world screaming bloody murder to the heavens above. Once they get done venting, however, they should refocus those screams at Tom Hicks because he’s the one that got everything in such a mess to begin with.
CSN Philly’s Jim Salisbury reports that a team claimed Phillies starter Jeremy Hellickson on trade waivers, but the two clubs were unable to work out a deal. As a result, the Phillies pulled Hellickson back from trade waivers, which means he’s ineligible to be traded for the rest of the season.
Hellickson, 29, has had a nice bounce-back season after three poor years from 2013-15. He’s 10-8 with a 3.80 ERA and a 131/36 K/BB ratio in 154 innings.
The Phillies could attempt to re-sign Hellickson in the offseason. It’s also possible the club makes a qualifying offer — estimated to be worth $16.7 million — so that the Phillies will at least get back a compensatory draft pick if Hellickson opts to sign elsewhere.
Tigers outfielder J.D. Martinez was ejected by home plate umpire Mike Everitt after he struck out looking in the bottom of the sixth inning of Saturday’s game against the Angels. He had a brief conversation with Everitt, which resulted in Martinez getting ejected.
MLive.com’s Evan Boodbery spoke to Martinez about what happened and got a word-for-word recollection of what happened. If you’ve ever wondered what umpires and players say to each other during their arguments, here’s a look:
No one has ever accused umpires of having thick skin.
Martinez finished the game 1-for-3. After an 0-for-4 performance on Sunday, he’s hitting .315/.377/.561 with 18 home runs and 52 RBI in 385 plate appearances.