bizofbaseball.com - 5/28/2009
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Tom Hicks, the majority owner of the Texas Rangers, began looking for minority investors in the franchise in late March. At the time, Hicks Sports Group, which owns the Rangers and NHL Dallas Stars, Hicks Was working toward selling 46 percent of his 95 percent controlling stakes. HSG has gone ...
bizofbaseball.com - 5/31/2009
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bizofbaseball.com —
When word arrived that Tom Hicks and Hicks
Sports Group had gone into default on over a...
half-a-billion in loans – $525 million, to be exact – Hicks said that he was working toward selling 46 percent of his 95 percent controlling stake in the Rangers. According to Hicks at the time, the notion ...
(more)
Editorial: Hicks is on the Wrong Side of the $600 ...
star-telegram.com - 5/31/2009
nbcdfw.com - 5/29/2009
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nbcdfw.com —
A Texas Rangers fan who wore a "Yankees
Suck" shirt to Tuesday's game against New York was...
told by a security guard to change it -- or she would be kicked out."He came down and said, You have to change that shirt, said Kristen Knapp-Webb , of ...
(more)
"Yankees Suck" Offends Texas Rangers' Delicate ...
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Jim Balsillie Unveils Plans to Renovate Copps Coliseum
The Biz of Hockey :: The Business of Sports Network —
Showing that plans to purchase and relocate the Phoenix Coyotes to Hamilton, Ontario Canada co-CEO of Research in Motion, Jim Balsillie unveiled plans to renovate Hamilton’s Copps Coliseum to current NHL standards. The new Copps Coliseum would feature a soaring atrium-style entrance lobby, a range of luxury boxes, new lounges and restaurants, food and bar amenities throughout and capacity for more than 18,000 spectators. The design also fully addresses requirements the NHL has previously communicated for Copps Coliseum. The design is by BBB Architects and its subsidiary group, Stadium Consultants International (SCI), which is also currently working on renovations at Madison Square Garden in New York (home of the New York Rangers) and Nassau County ...
Did Rangers have to borrow money from MLB to make payroll?
Big League Stew —
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. Everything in its very early stages, but here's what we know so far: On Wednesday, a caller to Kevin Kennedy's show on XM Radio said he heard the above was true. Though Kennedy didn't corroborate the story, he said his sources in the organization have been painting a shaky financial footing for the team under owner Tom Hicks (right) and that the organization would be sold "sooner, rather than later." All of this was heard by Joe Siegler of ...
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Tom Hicks To Sell Majority Stake In Rangers
6-4-2.blogspot.com 5/29/2009 — The Sporting News reports that Rangers owner Tom Hicks has announced the sale of a majority stake in the Texas Rangers. Nolan Ryan is one of the supposed interested parties.
The Texas Rangers are for sale
bases.newsvine.com 5/28/2009 — For Sale by Owner
Rangers' owner Tom Hicks is hurting for cash, and now it looks as though he's going to put his first-place team up for sale:
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 [...]
Could Tom Hicks Be Forced to Sell the Texas Rangers?
bizofbaseball.com 4/16/2009 — Tom Hicks, who owns the Texas Rangers, as well as the NHL Dallas Stars, could be removed from ownership after Hicks Sports Group has gone into default on over a half-a-billion in loans. The company’s declaration is the clearest sign that the sports industry is not recession proof. According ...
Tom Hicks "welcomes" Alex Rodriguez back to Texas
homeruntrot.blogspot.com 5/26/2009 — "I don't worry about Alex Rodriguez," Rangers owner Tom Hicks said. "I worry about the Texas Rangers." Hicks has not talked to Alex Rodriguez since Rodriguez admitted using steroids to Peter Gammons. Further, Hicks has no intentions of talking to Rodriguez over the next three days either. The ...
ANOTHER NEW OWNER?
mlbcenter.com 5/29/2009 — The Texas Rangers may soon be joining the Cubs and Padres as teams undergoing major ownership changes. As reported last month on this site, the Hicks Sports Group defaulted on a note secured by the Rangers and the NHL Dallas Stars. The rhetoric from Hicks at the time was that it was merely a ...