star-telegram.com - 7/2/2009
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Former Stars president Jim Lites is out in the shuffle of Rangers/Stars personnel.
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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Blalock, Borbon Key Huge Walk-Off Win; Financial Crisis Looming?
Baseball Time in Arlington —
... The severity of Hicks' financial problems were further underscored by the dissolution of Hicks Sports Marketing Group, the de facto advertising arm of Hicks Sports Group, over which former Rangers team president Jim Lites presided until the expiration of his contract on Tuesday. Billed as a "streamlining" move with the seemingly impending transfer of majority ownership of the Rangers, Hicks' other Metroplex sports team, the Dallas Stars, was also affected by the entity's dissolution, and has reportedly been subjected to a significant budget reduction, although Hicks ...
Thursday morning Rangers stuff
Lone Star Ball —
... room for Nippert.
The Rangers bullpen has a new talisman, courtesy of Jason Grilli.
Mike Bauman writes that the Rangers are legitimate contenders.
Jim Reeves says that Kevin Millwood deserves to be in the All Star Game.
The S-T has a piece on Kasey Kiker.
Evan Grant says that the response to reports that the Rangers have had to borrow $15 million from MLB to make payroll has been "no comment."
Mike Heika reports that Tom Hicks has folded the marketing group he had formed for the purpose ...
Tom Hicks ‘streamlines’ his sports entities, folds marketing group
BBTF's Baseball Primer Newsblog —
... —The Best News Links from the Baseball Newsstand Thursday, July 02, 2009 Tom Hicks ‘streamlines’ his sports entities, folds marketing group The marketing group’s biggest job was selling corporate advertising and sponsorship — offering package deals to big advertisers. However, with the Rangers for sale, the usefulness of the marketing group and [Jim] Lites had been reduced. ...
Signs The Rangers' Finances Are Getting More Perilous
6-4-2 — an Angels/Dodgers double play blog —
... Tom Hicks has folded the marketing group selling the Rangers, splitting employees into their respective teams. (It was plugging both the Dallas Stars hockey team and the Rangers.) ...
Related Content
Rangers owner Hicks borrows millions from MLB
scoresreport.com 7/3/2009 —
Major League Baseball has loaned millions to Rangers owner Tom Hicks to assist him with the sale of the franchise, although the league hasn’t released any more details other than that.
According to an article in the Dallas Morning News , the sport’s central office withholds $15 million to ...
Rangers on and off the field
mlbcenter.com 7/6/2009 — On the field, Texas has rallied back into a first place tie with Los Angeles, after falling out of the lead for the first time in almost two months last weekend, and trailing the Angels by as many as 2.5 games.
Hicks in hock
hardballtimes.com 7/2/2009 — The Rangers' financial woes continue :
Amid increased internet chatter Wednesday that Tom Hicks’ sports group - Hicks Sports Group - financial woes are deepening and that the club has borrowed money from MLB’s rainy-day fund, team officials took a strange approach.
They went silent.
...
Hicks Wants Out, Ryan Want In?
obsessedwithsports.com 5/29/2009 — Over the past few weeks it has been reported that Tom Hicks is looking to sell his majority stake in the Texas Rangers. He has hired a search firm to find potential buyers.
In late March, Hicks said he was actively trying to sell off the Rangers to help reduce the debt his holdign company had [...]
The Impact of Tom Hicks' Financial Struggles
dallassportsfans.com 7/8/2009 — Why the problems of Tom Hicks - the owner of MLB's Texas Rangers, NHL's Dallas Stars and EPL's Liverpool Football Club - could end up hurting the Texas Rangers and the Dallas Stars drastically.
RANGERS LOOK TO GOOD SECOND HALF START
mlbcenter.com 7/17/2009 — Texas opens the second half with a six-game home stand beginning Friday night against the Twins. Boston follows Minnesota into Arlington for three games next week.
The Rangers are the General Motors of baseball
bases.newsvine.com 7/3/2009 — 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 ...
Assessing The Rangers' Trade Avenues: Go Big Or Don't Go At All
bbtia.com 6/24/2009 — Several hours after Texas Rangers general manager Jon Daniels proclaimed that the bullpen was the most likely facet of the major league roster to be upgraded via trade over the next five weeks, the sinkerballer-spinning relief tandem of Jason ...
