Let's take a peek inside the Rangers finances

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Just like the divorce case in Los Angeles, the bankruptcy case in Texas has given us the rare opportunity to take a look inside the usually secretive world of team finances.  A pretty full financial disclosure was released by the Rangers yesterday. Maury has the documents here.

The sad news: no V-energy peddling gurus, diamond cars with platinum wheels, panda steaks or six-week stays in gilded palaces like we saw in the McCourt divorce documents.  Mostly it’s just the pedestrian business of a baseball team that, sale drama notwithstanding, rarely sticks out in the crazy department.

Owner Tom Hicks pays himself $183K a year. He may or may not be worth that, but I’m willing to wager that he’s on the low end of owners who pay themselves. Nolan Ryan makes $1.5 million, and given all of the goodwill and ass-kickings he provides, I think he’s probably worth it. I love that there is a line item for Rusty Greer. I love that the Rangers not only paid an entity called “Team Beans, L.L.C.,” but that something called “Team Beans” feels it needs to limit its liability (what, exactly are they doing?!).  The Rangers have paid out oodles in legal fees as a result of the sale and bankruptcy in recent months, which just goes to show you that buying things “prepackaged” is rarely a bargain. Go organic, dudes.

The most interesting item relates to a blog, actually. Seems that Jamey Newberg of the notable Rangers blog “The Newberg Report” has taken over $27K from the team this year, plus had his and his family’s trip to spring training paid for by the Rangers, according to the Dallas Morning News.

I’m not an expert on the Rangers’ blogosphere — the only thing I really know for sure is that commenters therein like to add obscenities to the end of “Calca-” when talking about my Rangers posts — but my understanding was that Newberg portrayed himself as an independent blog with no official connection to the team. He tells the Morning News that “the payments
likely were for books he sold to the club.”  Seems he’d know that for sure. Also seems like he should at least disclose to his readers that he does business with the Rangers.

In other news, all you team-specific bloggers who aren’t selling tens of thousands of dollars of books and getting free trips from the teams you cover are suckers.

UPDATE: Newberg responds.

Luis Valbuena to miss four to six weeks with a strained right hamstring

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Angels first baseman Luis Valbuena will miss the next four to six weeks with a strained right hamstring, Pedro Moura of the Los Angeles Times reports.

Valbuena, 31, signed a two-year, $15 million contract with the Angels in January and was on track to get the lion’s share of the playing time at first base. While he’s out, however, C.J. Cron will handle first base on a regular basis. When Valbeuna returns, the two will likely form a platoon.

Last year with the Astros, Valbuena hit a solid .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances.

Raisel Iglesias injured elbow and hips falling in the shower

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Reds reliever Raisel Iglesias hasn’t appeared in a Grapefruit League game since March 14 and now we know why. He injured his right elbow and both hips falling in the shower three weeks ago, Zach Buchanan of the Cincinnati Enquirer reports. He has had anti-inflammatory shots applied in both areas and he’ll be be shut down from pitching for a few more days.

Iglesias might not be ready for Opening Day, according to manager Bryan Price. Iglesias, however, thinks otherwise. He said, “I’m going to be OK. I’m probably going to throw one bullpen, and after that, mentally and physically, I’ll be ready to join the season and compete.”

Price said throughout the offseason that he intended to pick his closer according to the matchups rather than naming one official closer. As a result, this injury likely doesn’t change much except that Michael Lorenzen, Drew Storen, and Tony Cingrani may get a few more early season save chances if Iglesias doesn’t start the season on time.

Iglesias, 27, finished last season with a 2.53 ERA and an 83/26 K/BB ratio in 78 1/3 innings across five starts and 32 relief appearances.