While everyone keeps assuming that the sale of the Texas Rangers to the Greenberg Group is imminent and that no one should be worrying, the fact is that the Friday deadline has come and gone and there’s still no deal. Could last month’s report of financial difficulties be the problem? Or is it something new? Jon Heyman reports that all isn’t as rosy as everyone wants it to seem, and the problem is Tom Hicks, who is acting as both seller and (minority) buyer in this deal:
But MLB has about had it with Hicks, and top officials say they may
soon take over the sale of the team, which potentially could bring the
other two hopeful buyers back into the picture, those being Houston
businessman Jim Crane, and former agent, and current White Sox executive, Dennis Gilbert, who has appeared to be baseball’s top choice from the start. The sale
price is expected to be $570 million, according to sources. One
impediment to a deal has been Hicks’ insistence upon maintaining
significant power even after collecting the sale proceeds. Greenberg’s
big edge had been that he was willing to allow Hicks to remain as a
board member who’d attend owners meetings.
MLB fronted Hicks millions in order to meet payroll and expenses last summer. One wonders, based on what Heyman is saying, what kinds of strings were attached to that deal. Could they just step in and make the deal with Greenberg — or call Crane or Gilbert — against Hicks’ wishes?
ESPN’s Jeff Passan reports that the Major League Baseball Players Association has submitted a proposal to the league concerning the 2020 season. The proposal includes a 114-game season with an end date on October 31, playoff expansion for two years, the right for players to opt out of the season, and a potential deferral of 2020 salaries if the postseason were to be canceled.
Passan clarifies that among the players who choose to opt out, only those that are considered “high risk” would still receive their salaries. The others would simply receive service time. The union also proposed that the players receive a non-refundable $100 million sum advance during what would essentially be Spring Training 2.
If the regular season were to begin in early July, as has often been mentioned as the target, that would give the league four months to cram in 114 games. There would have to be occasional double-headers, or the players would have to be okay with few off-days. Nothing has been mentioned about division realignment or a geographically-oriented schedule, but those could potentially ease some of the burden.
Last week, the owners made their proposal to the union, suggesting a “sliding scale” salary structure. The union did not like that suggestion. Players were very vocal about it, including on social media as Max Scherzer — one of eight players on the union’s executive subcommittee — made a public statement. The owners will soon respond to the union’s proposal. They almost certainly won’t be happy with many of the details, but the two sides can perhaps find a starting point and bridge the gap. As the calendar turns to June, time is running out for the two sides to hammer out an agreement on what a 2020 season will look like.