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The Rangers' sale deadline is today

Dec 15, 2009, 10:29 AM EDT

Tom Hicks has been told by Major League Baseball that he needs to pick the winning bidder in the Rangers’ sale today and to commence negotiations to finalize a deal.  No doubt today was picked as the deadline so that everyone can be free to celebrate my daughter’s sixth birthday later this evening.

Hicks may or may not meet that deadline the Fort Worth Star-Telegram reports a source saying that it’s only 50-50 that he’ll pick today — but there is a clear front runner, at least on financial terms. It’s Houston businessman Jim Crane, whose bid is said to be higher than either Pittsburgh lawyer Chuck Greenberg’s or former agent Dennis Gilbert’s.

The article notes, however, that Crane is not a popular figure in MLB circles because he once reneged on a deal to buy the Astros. Also working against him is the fact that Gilbert is said to be a favorite of Jerry Reinsdorf, which automatically makes him a favorite of Bud Selig’s.  They’re a clannish bunch, those owners, and they like to reward their friends.

The lawyer and Tom Hicks-hater in me wants a low bid to win because if that happens maybe some investor in Hicks Sports Group will sue Hicks for breaching his fiduciary duties to the debt-addled company, which in turn will better expose the rampant cronyism that takes place in the franchise sale market. Plus, if Glibert wins, there are indications that hey’ll be baseball’s answer to Daniel Snyder, and that would be great fun for everyone except Rangers’ fans.

Likely? Nah. But a boy can dream, can’t he?

  1. Old Gator - Dec 15, 2009 at 10:43 AM

    If Cuban doesn’t buy ‘em, who cares? All those suits look like they were cloned in the Tyrrel Pyramid. Wake me up when the asteroid swarm that gave us the K/T impact swings back around for another visit and gives the dinosaurs who evolved into baseball owners one more good swift evolutionary smack in the derriere. Nothing else is going to change till then.

  2. Simon G. - Dec 15, 2009 at 11:05 AM

    The Dallas Morning News report was written by a Fort Worth Star-Telegram reporter. The two papers have a content share agreement. The Morning News runs Rangers’ stories from the Star-Telegram, and the S-T runs Mavs’ and Stars’ stories from the DMN. As an alumnus of the S-T sports department, I wanted to make sure credit goes where it is due. The Star-Telegram story can be found here: http://www.star-telegram.com/284/story/1830299.html.

  3. Craig Calcaterra - Dec 15, 2009 at 12:32 PM

    Simon — thanks for the clarification. I changed the link and attribution in the post.

  4. GimmeSomeSteel - Dec 15, 2009 at 12:57 PM

    Happy birthday to your little girl!

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