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.
- And That Happened: Monday’s scores and highlights 34
- MLB suspends Jonathan Papelbon seven games for incident during Sunday’s game 42
- VIDEO: Jacob deGrom begins game with eight straight strikeouts to tie MLB record 10
- Bud Selig says MLB and players union will meet this week about domestic abuse policy 8
- And That Happened: Sunday’s scores and highlights 67
- Cuban slugger Yasmani Tomas to command $100 million? 30
- Bruce and Brett Bochy make MLB history 33
- Settling the Score: Saturday’s results 17
- Chris Davis suspended 25 games for amphetamine use (92)
- A few thoughts about the discrimination lawsuit against the Mets (91)
- Giancarlo Stanton diagnosed with multiple facial fractures and dental damage (91)
- Bud Selig can’t remember the last domestic violence incident in Major League Baseball (87)
- A couple of initial thoughts on the Chris Davis suspension (83)