Rangers to pick a new owner December 15th

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I had heard that the new Rangers owner was going to be announced last week, but apparently Tom Hicks’ little falling out with Dennis Gilbert complicated things.  Now Tracy Ringolsby is reporting that Hicks will announce who will take over the club he and his copious amounts of debt have damn nigh ruined by December 15th.

Gilbert is reportedly still in the running, because even if he and Hicks are fighting, his money is green too.  Also in the running is Pittsburgh lawyer Chuck Greenberg, who has Nolan Ryan in his proposed ownership group.

Buster Posey likely to undergo season-ending hip surgery

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Giants catcher Buster Posey will likely undergo season-ending surgery on his ailing right hip, which has bothered him since May, John Shea of the San Francisco Chronicle reports. Executive VP of baseball operations Brian Sabean said it’s a “safe assumption” that Posey will go under the knife. The procedure would clean out bone spurs and address the labrum, which is the soft tissue around the hip socket.

Posey didn’t start Sunday’s game and went 1-for-6 on Monday against the Mets. He’s batting .286/.360/.386 with five home runs and 40 RBI in 439 plate appearances this season. It will go down as his least productive season among those in which he has appeared in 100 games.

Nick Hundley would take over full-time catching duties if Posey were to have his season cut short. Hundley has performed decently, hitting .247/.296/.452 with nine homers and 30 RBI in 199 PA.