sports.yahoo.com - 7/2/2009
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Were you wondering what baseball team might be the first to run into serious financial troubles? Well, there's an interesting story bubbling down in the Metroplex, where rumors are circulating that the Texas Rangers had to borrow $15 million from Major League Baseball to make their payroll. ...
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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Around the Leagues: July 2
Bootlegger Sports- Sports Humor Blog —
... The Texas Rangers have always been renowned for making great decisions. Their rich, intellectual legacy includes being owned by George W. Bush, signing Chan Ho Park to a monstrous contract, trading Chris Young, Adrian Gonzalez, Carlos Pena, Edinson Volquez, etc. etc. Hell, they’re still paying A-Rod to play in New York. And now they can’t afford to do that anymore. It’s being reported that the club has had to borrow $15 million from MLB just to meet payroll. Are we sure “W” isn’t still running the team? ...
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The Rangers Struggled in June
baseballreflections.com 7/2/2009 — “The Rangers have lost the lead in the AL West with the Angels taking the spot that they have been so familiar with over the last four years. Texas has lost steam, but ironically, the pitching has kept them afloat and the offense has let them down. The Rangers have finished the past ...
Rangers borrow millions from MLB (AP) —
Yahoo! Sports - MLB News 7/3/2009
The Texas Rangers borrowed millions of dollars from Major League Baseball within the last week, according to a Yahoo! report. Rangers spokesman John Blake told the Web site that the club would have no comment, and Rich Levin, a spokesman for the ...
