I love that this was sold as a “prepackaged” bankruptcy. If I bought something prepacked like this at the grocery store I’d take it to the manager and demand a refund. Danial Kaplan at SBD:
The Texas bankruptcy court appointed chief restructuring officer (CRO)
has decided an auction of the MLB Rangers should occur, multiple sources
tell SportsBusiness Journal . . . The sources said the CRO, William Snyder, has already informed MLB
President & COO Bob DuPuy and said league approval will not be a
criteria for deciding the best bid.
At the outset, note that this is only a recommendation. The court itself can ignore it and, instead, simply give the OK to the Rangers’ bankruptcy plan as-amended. I haven’t even close to the bankruptcy court experience to even pretend to guess at how likely it is that the court would act on the recommendation, rubber-stamp the plan, poop or go blind.
All we know for sure is that this news, combined with this morning’s information about the unsuccessful creditors being invited to next-week’s mediation, sets the stage for a rebidding if the judge agrees to go along with the recommendation. A rebidding, Kaplan reports, that would not have “whether or not Major League Baseball likes you” as a criteria.
At which point it would be interesting to see what, if anything, Major League Baseball does about it. Because remember: MLB likes to pretend that it’s federally-created antitrust exemption allows it to accept or reject would-be team owners with impunity. I assume that they’re not going to try and pull rank over a bankruptcy judge on this point — this sale is complicated enough already — but if they don’t, does it not put an end to the fiction that they can pick and choose new owners?
Oh well. Just another fun day in the sale that everyone insisted was a “done deal” back in January or whatever.
If tonight was his last night in a Cardinals uniform, Matt Holliday made the most of it.
After sitting out most of the second half with a fractured thumb, the 36-year-old was activated from the disabled list on Friday and slotted in as a pinch-hitter during the seventh inning of the Cardinals’ 7-0 shutout. What happened next could hardly have elicited more sentiment had it been scripted:
The solo shot was Holliday’s first home run as a pinch-hitter, and his first home run of any kind since August 9. The triumphant moment might have been the last of its kind in St. Louis, as it was reported earlier today that the Cardinals do not plan to exercise Holliday’s option in 2017.
Prior to the game, the left fielder released a statement in which he expressed his gratitude for the past eight seasons with the Cardinals’ organization:
I would like to thank Mr. Dewitt, Mo and the entire ownership group for the opportunity to play for the St. Louis Cardinals.
I am proud of what we have accomplished on and off the field during the past seven years. I have also been humbled by the incredible support and participation in our Homers for Health program.
It has been an honor to play in front of such great fans and for such a historic organization. I can honestly say it has been a dream come true.
While I’m disappointed this could be it here in St. Louis, I understand that it might be time to move on.
I’d like to express my love and admiration for Tony, Mike and all of the coaches and staff that I have had the pleasure to do life with these past seven-plus years.
The most emotional part of this is my teammates and the relationships I’ve built with some of these guys over the years. Particularly, Adam and Yadi, to be considered part of the core with two of the finest human beings I’ve ever known.
Finally, I’m eternally thankful for the Lord bringing me to the city of St. Louis in August of 2008. Lots of cool stuff has happened since then. On behalf of my wife Leslee and our children Jackson, Ethan, Gracyn and Reed: Thank you!
Don’t interrupt Angel Pagan in the middle of a wild card race. Better yet, don’t interrupt him at all.
A fan learned that the hard way during Friday’s Giants-Dodgers game. In the fourth inning, a group of fans ran onto the field with white flowers in their hands, presumably to hand to Giants players. According to eyewitness accounts, one player was reprimanded by San Francisco starter Madison Bumgarner, while Buster Posey fended off another.
Angel Pagan, however, took more extreme and inventive measures.
On-field security started closing in on the fan as he approached Pagan, but didn’t appear to pick up the pace until the outfielder dropped him on the field.
Vin Scully, who was wrapping up the third-to-last game of his career, provided play-by-play of the incident.
A couple of kids, trying to steal a moment, slow down the game, running on the field and just taking a big moment on the big stage. They’ve got one of them in right field, and the other one is nailed down by Pagan in left field. And the crowd loved that! They went up to do something with Angel Pagan, but [Pagan] grabbed him and slammed him to the ground, and they’re taking him off the field. […] Doesn’t that bring you back to the ’60s, and the flower children? Oh what, you don’t remember the ’60s? Okay.
The next time you want to send a message to a player, maybe try a tweet (throw in a flower emoji or two if you feel so inclined). Just don’t make a showy display of affection in the middle of a game. It’s bound to go badly, at least where Angel Pagan is concerned.