The Rangers deal is not a done deal

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Sure, Greenberg and Ryan have made a deal with Hicks, but they’re not the only ones that matter.  According to Sports Business Journal, a hedge fund called Monarch Alternative Capital — which came in late in the game and bought up a bunch of Hicks Sports’ Group’s debt when they nearly defaulted on their obligations last summer — has yet to sign off. And they may not, because they think that Hicks passed up a better offer: from Houston businessman Jim Crane.

SBJ is saying that Monarch is “unlikely” to scuttle the deal, but that it has a reputation for “going to the mat” for the last dollar.  They’re also none too pleased with the fact that Hicks is still going to end up owning part of the team post-sale, making
him a buyer and a seller.

Because Monarch is essentially a debt vulture, it may not get much sympathy from the banks and everyone who matters here on the pure dollars of it all. But I continue to think that they have an excellent point regarding Hicks being on both sides of the deal. That has stunk to me from the get-go, and I have no idea why, if there were better offers than Greenberg’s, his partners in Hicks’ Sports Group and others haven’t raised a stink about it. 

B.J. Upton is going by B.J. Upton again

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Outfielder B.J. Upton went by the name B.J., short for Bossman Junior, through the 2014 season. His father Manny was known as Bossman, hence Bossman Junior. Upton decided he wanted to be referred to by his birth name Melvin starting in 2015, saying that everyone except baseball fans knew him by that name. Now, he’s back to B.J., Scott Boeck of USA TODAY Sports reports.

For those keeping score at home, Upton is the artist formerly and currently known as B.J.

Upton, 34, hasn’t played in the majors since 2016. He signed a minor league deal with the Indians in December 2017 but was released in the middle of last March and wasn’t able to latch on with another team. It seems unlikely he finds his way back to the majors.