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.
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- Jon Lester scratched Wednesday amid trade speculation 7
- Rays are “talking and willing” to trade ace lefty David Price; Cardinals and Dodgers interested 27
- Phillies wanted Joc Pederson, Corey Seager, and Julio Urias from Dodgers for Cole Hamels 58
- Matt Cain is going to pay a visit to Dr. Andrews 4
- The Nationals and Orioles dispute over TV money is about to explode 78
- The Red Sox are expected to deal Jon Lester and the Pirates are a “dark horse” 36
- And That Happened: Monday’s scores and highlights 49
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- Verducci: baseball should think about an “illegal defense” rule to combat shifts (165)
- Must-click link: sexual depravity — and possibly rape — in the minor leagues (101)
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