Rangers' bankruptcy hearing postponed, but that may not be a big deal

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The next act in the Rangers’ bankruptcy drama was set for July 9th, but Daniel Kaplan of Sports Business Journal just reported that the hearing set for that date has been postponed until July 22nd.  The most important date for baseball purposes, however, is July 31st, which is the trade deadline. Does this delay put the Rangers’ emergence from bankruptcy and closing the sale by then — and thus any deadline trades — in peril?

Not necessarily. That’s because Kaplan’s tweet also reveals that the mediation between the parties is now scheduled for July 16th.  Indeed, I’d guess that it was the scheduling of that mediation — as opposed to any trouble among the parties — that lead to the hearing postponement. A hearing without a mediation first makes no sense, after all.  At the same time, a hearing after a productive mediation could prove to be something close to a formality.

Upshot: the 16th is the key date. If the parties can come to an agreement that they all think the judge will sign off on, Major League Baseball may very well give the Rangers the authority to make the kinds of moves they feel they need to make before the deadline, knowing that new ownership will come on board shortly to, you know, pay for them. If it’s an ugly mediation and things turn sour, things will be different, but that was the case whether it took place on the 5th, the 9th, the 16th or the 12th of never.

My guess: this is no big deal. 

Rays pitcher Brent Honeywell leaves BP session with possible injury

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This is not good: Marc Topkin of the Tampa Bay Times reports that Rays pitcher Brent Honeywell cut short a bullpen session this morning and left the field with a trainer. Topkin says Honeywell was “clearly upset” as he made his way into the clubhouse and “cursed loudly a few times.”

Obviously you don’t want to assume the worst, but that’s often the behavior of a pitcher who experienced a serious injury. We will get updates later and will provide an update when we hear.

UPDATE:

Honeywell, probably the Rays’ top prospect, is slated to make his major league debut early this season, though possibly not for a few weeks into the season due to off days. Eventually, though, it is assumed he’d slot in someplace behind Chris Archer, Matt Andriese, Nathan Eovaldi, Jake Faria, and Blake Snell, either as a young-David Price-style swingman, a spot starter or a regular starter at some point.

Last year Honeywell posted a 3.49 ERA and 172/35 K/BB ratio in 136. innings in 26 starts between Double-A Montgomery and Triple-A Durham.