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.

Texas Rangers ink free-agent ace Jacob deGrom to 5-year deal

Jacob deGrom
USA Today
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ARLINGTON, Texas — Free-agent ace Jacob deGrom and the Texas Rangers agreed to a $185 million, five-year contract Friday.

The two-time Cy Young Award winner leaves the New York Mets after nine seasons – the past two shortened by injuries.

After making his first start last season in early August, deGrom went 5-4 with a 3.08 ERA in 11 outings. He helped the Mets reach the playoffs, then opted out of his contract to become a free agent.

Texas announced the signing Friday night after the 34-year-old deGrom passed his physical. A person with direct knowledge of the deal disclosed the financial terms to The Associated Press. The person spoke on condition of anonymity because the club did not announce those details.

“We are thrilled that Jacob deGrom has decided to become a Texas Ranger,” executive vice president and general manager Chris Young said in a statement. “Over a number of seasons, Jacob has been a standout major league pitcher, and he gives us a dominant performer at the top of our rotation. One of our primary goals this offseason is to strengthen our starting pitching, and we are adding one of the best.”

Texas went 68-94 last season and then hired Bruce Bochy as its new manager. The Rangers’ six straight losing seasons are their worst skid since the franchise moved from Washington in 1972.

The Rangers were big spenders in free agency last offseason, signing Corey Seager ($325 million, 10 years) and second baseman Marcus Semien ($175 million, seven years).