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bases.newsvine.com - 7/3/2009
The Rangers are the General Motors of baseball
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The Rangers are the General Motors of baseball: Major League Baseball has provided the Texas Rangers access to a reported $15 million from the central fund to help assure a stable environment for the financially-strapped franchise, controlled by majority owner Tom Hicks . . .
Rangers May Have Borrowed As Much as $15 Million from MLB to Make Payroll
bizofbaseball.com - 7/2/2009
Rangers May Have Borrowed As Much as $15 Million from MLB to Make Payroll
— 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 ...

Comments vote down Maury Maury posted 7/2/2009posted this
insidecorner.dmagazine.com - 7/2/2009
Texas Rangers Go Silent Over Chatter Major League Baseball Has Loaned Tom Hicks Money
— 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 ...

Comments vote down Baseball Time in Arlington found this 7/2/2009found this
star-telegram.com - 7/4/2009
Rangers’ work goes on despite money matters
— 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

Comments vote down The Hot Corner found this 7/4/2009found this

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The Hardball Times:  My Morning in Exile

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Blog Reactions

My Morning in Exile
The Hardball Times — ... More on the Texas Rangers bailout. DuPuyspeak: the Rangers didn't need money for payroll, they're just trying to "help assure a stable environment" for the team. One wonders how unstable things would be if no one got paid today. ...

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