News Corp. wants to bid on the Rangers now

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There’s a new bidder in the Texas Rangers auction: News Corp., the parent company of FOX and FOX Sports, reports the Fort Worth Star-Telegram.  They want a chance to own the team, it appears, in order to protect their broadcasting rights to the Rangers, whose games air on FOX Sports Southwest.

This seems rather ridiculous to me. For one thing — to echo what one of the experts quoted in the article says — it’s the tail kind of wagging the dog, ain’t it? I mean, yes, you want to make sure you keep your broadcast rights, but how is taking on the overhead of a bankrupt baseball team the best way to do that?  Also: doesn’t anyone at News Corp. remember that FOX used to own the Dodgers? And it was a disaster?

Basically, I think the Rangers are the Edwin Jackson of baseball teams: insanely valuable for reasons that no objective person can possibly imagine.