star-telegram.com - 7/3/2009
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Sources say and an MLB official confirms that all employees were paid as a report of a loan surfaces.
bizofbaseball.com - 7/2/2009
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bizofbaseball.com —
In a sign that Tom Hicks’ financial woes
may have reached a critical level, the Texas Rangers
may have borrowed as much as $15 million from Major League Baseball to make payroll. The news of the possible shortfall by the club arose yesterday on “Inside Pitch” which airs on SIRIUS XM Radio’s ...
(more)
Rangers May Have Borrowed As Much as $15 Million from ...
insidecorner.dmagazine.com - 7/2/2009
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insidecorner.dmagazine.com —
ARLINGTON - Amid increased internet chatter Wednesday that
Tom Hicks financial woes are deepening and that the
club has borrowed money from MLB’s rainy-day fund, club officials took a strange approach. They went silent. The chatter arose ...
(more)
Texas Rangers Go Silent Over Chatter Major League ...
star-telegram.com - 7/4/2009
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star-telegram.com —
ARLINGTON — With Texas Rangers owner Tom Hicks
trying to sell the team, Thursday’s reports that the
Hicks Sports Group borrowed millions of dollars from Major League Baseball caused a stir.
(more)
Rangers’ work goes on despite money matters
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The Latin American Talent Market: Financial Shadows Lurk As Rangers Ink Jurickson Profar
Baseball Time in Arlington —
... multiple highly regarded prospects in the months leading up to July 2nd -- including, but certainly not limited to, Dominican shortstop Miguel Sano (the class's consensus top overall prospect, whom the Pirates remain the front-runners to sign) and outfielder Guillermo Pimentel and Venezuelan southpaw Juan Urbina, the son of former Rangers reliever Ugueth Urbina. One baseball source informed Jeff Wilson of the Fort Worth Star-Telegram that the Rangers outlaid "at least $2.5 million" to sign multiple international prospects on Thursday. ...
Friday morning Rangers things
Lone Star Ball —
... Wilson writes that all Rangers employees have been paid, and while I guess that is bad news, when the fact that you've met your payroll obligations is news, it doesn't bode well for your financial future. ...
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