Mark Cuban speaks about the Rangers auction


Mark Cuban — as is his wont — took to his blog today to give a very long and very detailed explanation of his involvement in the Texas Rangers auction.  There’s a lot of play-by-play of how he got sucked into the whole crazy business. And it’s all very interesting, so you should definitely read it if, for no other reason than to realize that Cuban is a businessman and not a psycho.

But maybe the best parts come toward the end when he takes on two big criticisms he’s been getting lately: (a) that he would not be approved by Major League Baseball; and (b) that he was really only in the auction in order to bid-up the value of $2 million worth of Rangers bonds he happens to own:

Now lets talk about MLB.  It seems to be a fun media sport to talk
about how there is no way i will ever get approved  buy MLB to buy a
team.  At the hearing yesterday it was mentioned that our group only had
a 50/50 chance of ever being approved.  I tend to never look at the
glass as being half empty or half full. I look to see who is pouring the
water and to deal with them. Not the media.  I am pretty confident we
would have been approved.

Finally lets talk about finances. Lets talk about the bonds I own. I
have been getting a bunch of emails from reporters asking how much money
I made on the bonds I own. Suggesting that I bid up the price of the
Rangers in order to increase the value of the $2mm i spent on bonds. To
all of you I offer a lesson in economics.

It is NEVER a good idea to risk hundreds of millions of dollars on
the purchase of a team AND to spend what could come to more than a
$1million in professional fees in order to increase the value of the
$2mm you bought in bonds. I know its something for the media to talk
about. But if any of you out there think it through, I dont want you to
think i was stupid enough to do something that stupid.

The real reason he even bought those bonds, Cuban says, is so that he could be an insider and do some better due diligence on the Rangers when the notion of him buying the team first came up last year.

Seems plausible to me, as does most of what else he says.

The biggest takeaway here: Cuban was really in this for the opportunity
to create a regional sports network on which he could broadcast Rangers
and Mavericks games.  Contrary to the reputation he has in some quarters, that’s not nuts at all.  That’s really good business.

Theo Epstein on sportswriters: “The life of a sportswriter is pretty lonely. You kind of work by yourself, sit there by yourself…”

CHICAGO, ILLINOIS - OCTOBER 07:  Chicago Cubs general manager Theo Epstein stands on the field during batting practice before the game between the Chicago Cubs and the San Francisco Giants at Wrigley Field on October 7, 2016 in Chicago, Illinois. (Photo by Jonathan Daniel/Getty Images)
Jonathan Daniel/Getty Images

Rick Morissey of the Chicago Sun-Times published an article on Sunday giving a bit of insight into Cubs president of baseball operations Theo Epstein. When Epsten was younger, he dabbled in sportswriting, but quickly realized the trade wasn’t for him.

As Morissey details, when Epstein was 19 years old writing for Yale’s student newspaper, he wrote an article suggesting the school’s football coach should be fired during what would become a 3-7 season. Epstein was told during the meeting that one writer would defend the coach and one would call for his job. “It was a lesson in the way that the world of journalism sometimes works. It was an eye-opener for me. I regret it, and I’ve happily moved on.”

Epstein continued, “I realized I didn’t want to be a sportswriter when I was interning with the Orioles back in ’92, ’93, ’94. I did do a lot of media-relations stuff, and I saw that the life of a sportswriter is pretty lonely. You kind of work by yourself, sit there by yourself in the press box, go back to the hotel bar. Not to generalize.” He added, “But I really respect writing and respect sportswriters.”

He’s not wrong, and he seems to have found his calling as a front office executive. His Cubs are back in the World Series for the first time since 1945.

Jason Kipnis injured his ankle celebrating the pennant with Francisco Lindor

TORONTO, ON - OCTOBER 17:  Jose Ramirez #11, Francisco Lindor #12, Jason Kipnis #22 and Mike Napoli #26 of the Cleveland Indians celebrate after defeating the Toronto Blue Jays with a score of 4 to 2 in game three of the American League Championship Series at Rogers Centre on October 17, 2016 in Toronto, Canada.  (Photo by Vaughn Ridley/Getty Images)
Vaughn Ridley/Getty Images

Indians second baseman Jason Kipnis tweeted on Sunday, “Got a little too close to [Francisco Lindor] during the celebration!! Freak accident but should be good to go by Tuesday! #cantkeepmeoutofthisgame!”

Per’s Jordan Bastian, manager Terry Francona said Kipnis is dealing with a low ankle sprain, but he’s expected to be ready to go when the World Series begins on Tuesday. Kipnis went through fielding drills on Sunday.

Kipnis is hitting .167/.219/.367 with a pair of homers and four RBI in eight games this postseason.