No wonder he can’t hit his 600th home run! He’s busy litigating!
Alex Rodriguez on Wednesday filed an objection over how the Rangers’
bankruptcy auction might be held, fearing that bidders won’t pledge to
make good on deferred payments to him and several other former team
On deadline for such filings before the Aug. 4 auction,
an attorney for A-Rod noted that the Yankees third baseman is owed
$24.89 million and complained that Hicks Sports Group, the team’s
parent, had failed to fund a $45 million escrow account for such
deferred compensation, as required by Major League Baseball.
Rodriguez is not alone here: lots of unsecured creditors filed objections because the Greenberg/Ryan deal already provides for them being paid and the assurances of that from the other bidders are less concrete.
There’s probably no danger of anyone involved screwing A-Rod out of his deferred dough, but if you don’t object now, you can’t object later if things go sideways.
Jeff Wilson of the Fort Worth Star-Telegram reports that the rebuilding Rangers are considering moving on from manager Jeff Banister. Wilson notes that the Rangers aren’t sure if Banister is the right person to lead the club when they become competitive again. Additionally, Wilson notes that there have been some communication issues with Banister, such as not telling players when they’re getting a day off and suddenly inserting players into the lineup without notification. According to Wilson, some players feel their concerns have fallen on “deaf ears” when presented to Banister.
In four years under Banister, the Rangers have gone 325-313 (.509) overall. They went to the playoffs in 2015 and ’16 but lost in the Division Series to the Blue Jays both times, 3-2 and 3-0, respectively.
GM Jon Daniels said he is pleased with the way some players, namely Ronald Guzman, Isiah Kiner-Falefa, José Leclerc, and Jurickson Profar, have developed under Banister. But it remains to be seen if that will be enough to keep Banister in town.
Banister is under contract for the 2019 season, as the Rangers exercised his option last year.