Jul 29, 2010, 11:00 AM EDT
No wonder he can’t hit his 600th home run! He’s busy litigating!
Alex Rodriguez on Wednesday filed an objection over how the Rangers’
bankruptcy auction might be held, fearing that bidders won’t pledge to
make good on deferred payments to him and several other former team
On deadline for such filings before the Aug. 4 auction,
an attorney for A-Rod noted that the Yankees third baseman is owed
$24.89 million and complained that Hicks Sports Group, the team’s
parent, had failed to fund a $45 million escrow account for such
deferred compensation, as required by Major League Baseball.
Rodriguez is not alone here: lots of unsecured creditors filed objections because the Greenberg/Ryan deal already provides for them being paid and the assurances of that from the other bidders are less concrete.
There’s probably no danger of anyone involved screwing A-Rod out of his deferred dough, but if you don’t object now, you can’t object later if things go sideways.
- Video: Watch Kris Bryant get his first major league hit and RBI 4
- Yordano Ventura ejected for hitting Brett Lawrie with a pitch 15
- Pete Rose joins FOX as a baseball analyst 18
- Settling the Score: Friday’s results 55
- Josh Hamilton’s teammates say he’s in great shape and ready to play 28
- Mike Trout hit his 100th career home run to become the youngest member of the 100 HR/100 SB club 26
- Make that two: Alex Rodriguez hits second homer of the night, giving him 658 for his career 48
- Alex Rodriguez hit his 657th career home run 49
- The Commissioner’s Office thinks that the Angels could indeed go after Josh Hamilton under his contract (153)
- “Why Ted Cruz is like the Atlanta Braves” (150)
- “We no longer need the terrorists. We’re now so good at terrorizing ourselves.” (143)
- Another argument in favor of making the DH universal (127)
- When it comes to Josh Hamilton, Arte Moreno is a craven opportunist, not a “smart businessman” (116)