UPDATE: Hicks has deal in place to sell Rangers

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UDPATE: The group headed by Greenberg, under the moniker “Rangers Baseball Express,” has a deal in place to purchase the Rangers from Hicks. An official sale price was not announced, but a source told Richard Durrett of ESPN Dallas that the price tag was under $570 million, which covers the team, the lease at Rangers Ballpark in Arlington and approximately 153 acres of real estate around the park. Greenberg acknowledged the purchase in a statement:

“Nolan and I greatly appreciate Tom Hicks’ willingness to work beyond
the deadline to complete the deal and his support for passing the torch
from the Hicks family to our group. His actions speak eloquently to his commitment to serve the best
interests of Rangers fans and the community.

The agreement won’t likely go into effect until March or Opening Day.

SATURDAY 1:41 pm: Tom Hicks, current owner of the Texas Rangers, is just about ready to hand the organization over to a new ownership group.  Word comes from MLB.com’s T.R. Sullivan that a deal could be reached as soon as this afternoon.

Hicks also owns the Dallas Stars and has a fifty percent stake in the English Premier League’s Liverpool Football Club, but he’s fallen on hard times recently due to the ongoing economic crisis in this country.

The new ownership group is headed by Chuck Greenberg, a sports attorney from Pittsburgh, and current club president Nolan Ryan.  The Rangers, under Hicks, won back-to-back American League West division championships in 1998 and 1999 and posted an 87-75 record last season.  With guys like Ian Kinsler, Josh Hamilton, Michael Young, Neftali Feliz and Vladimir Guerrero in tow, they’re ready to compete for another division crown this year.

Report: Twins sign Martín Pérez to one-year deal

Martin Perez
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Ken Rosenthal of The Athletic reports that the Twins have picked up free agent left-hander Martín Pérez on a one-year deal. Financial terms of the deal have yet to be announced, but it looks like a club option is included for the 2020 season. The Twins have not officially confirmed the signing.

Pérez, 27, missed 85 days of the Rangers’ 2018 campaign after undergoing elbow surgery on his non-throwing arm. He sustained the injury partway through the 2017 offseason; as the story goes, he was charged by a bull at his ranch in Venezuela and fell on his right arm as he was trying to get out of the animal’s path. (He later killed and ate said bull.) When he finally returned to the mound, he cobbled together a 2-7 record in 15 starts with a 6.22 ERA, 3.8 BB/9, 5.5 SO/9, and career-low -0.2 fWAR through 85 1/3 innings out of the rotation and bullpen.

As they approach the start of the 2019 season, the Twins will be looking for something a little more, well, bullish from Pérez. Prior to his injury, he turned in two solid seasons with the Rangers in 2016 and 2017, nearing the 200-inning threshold in both campaigns and providing a combined value of 4.2 fWAR at a time when Texas’ starters collectively ranked sixth-worst in the league.