The Rangers won't be auctioned, would they?

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I get the shakes if I don’t write something about the Rangers sale for more than 48 hours or so and right now I’m jonesin’ hard, so I’ll even settle for linking to Heyman:

The snag in the Texas Rangers’ sale talks appears fairly serious. Two
sources say they believe the banks are looking for $50 million more.
They are unlikely to cut Rangers owner Tom Hicks any slack,
either, as he’s been slow to pay back his debts. One possibility if this
deal falls through might be to auction off the team.

This comes in a notes column and doesn’t have much more context than that so it’s hard to say if Heyman has heard something new or just going off of the reports from early last week about the latest creditor objections.  Either way, his reference to an auction of the team is something I’ve never seen anyone say before.

And while it’s a possibility, it doesn’t strike me as a realistic possibility. If someone involved in the current negotiations decides that a total impasse has been reached aren’t there less-intrusive options?  For one thing, Greenberg-Ryan could simply go back to the drawing board with a new proposal that bypasses Hicks in some important way or otherwise makes the creditors happy in ways that Hicks can’t seem to now. Also, might it not be possible for the guys who were interested before — Jim Crane or Dennis Gilbert — to get back into this thing?  Reports had each of them with some important advantages back in December, with some people saying that Crane’s offer was the richest and others saying that Gilbert was favored by Major League Baseball.

All of that is speculation, of course — I have no idea if Crane or Gilbert are even interested any more or if there’s some procedural reason why Greenberg and Ryan couldn’t simply start over — but those options all seem more likely and less disastrous for all involved than some auction or bankruptcy gambit that the creditors have been barking about in recent weeks.

Mariners, Indians and Rays make a three-way swap

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The Indians, Mariners, and Rays are working toward finalizing a three-team trade. The full details have not been revealed yet, and there are conflicting reports as to who is going where, but we know that Carlos Santana and Edwin Encarnacion are involved.

Initial reports have the Mariners getting Edwin Encarnacion from the Indians in exchange for Carlos Santana, with Cleveland also receiving first baseman Jake Bauers from the Rays. Outfielder/third baseman Yandy Diaz will reportedly head to Tampa Bay along with a player to be named later. There has been a conflict in the past few minutes, however as to where Encarnacion is actually going: Seattle or Tampa Bay. Mark Feinsand of MLB.com says it’s Seattle, Bob Nightengale says it’s Tampa Bay. We’ll know soon enough, I suppose.

Santana played for the Phillies last year and was traded to Seattle just a couple of weeks ago. He’ll never have a chance to wear a Mariners uniform and, instead, will go back to Cleveland, where he played his entire career until 2018. Encarnacion has spent the last two years in Cleveland. Santana is owed $35 million over the next two seasons and has a 2021 buyout. Encarnacion is owed $24 million in 2019 if you include the buyout on his 2020 club option.  If Encarnacion is going to Seattle, you have to figure that the Mariners will flip him in mid-season if possible.