zoloft at 150 mg doxycycline 10 mg 100 mg phenergan comprar viagra genericos cheapest levitra online metformina 850mg clomid liquid cialis online periactin generic cyproheptadine order cheap kamagra viagra 100mg red propranolol 10 mg alcohol cheap 84 cap xenical viagra sales cheap zithromax 500mg italy propecia generic 1mg buy synthroid 150mg zoloft anxiety levitra 10 mg kullanimi levitra orodispersible 30mg generico viagra farmacia augmentin 250 mg 62 5 generic clomid online viagra generic rx doxycycline hyclate 500 mg find generic lexapro kamagra cheap paypal 40mg cialis cheap hyclate doxycycline 100mg cialis online accessrx xenical 120mg germany generic cialis ranabaxy synthroid 0.025 mg cialis disount 5 mg effetti viagra 100 mg order zithromax online 120 mg viagra 200 mg of doxycycline lisinopril 3759 i 5 mg buy canadian levitra cialis 20mg fta 4 viagra generic best viagra professional 100 mg medicamento lasix 20 mg 36 hour cialis mg buy viagra qld generic priligy 30 mg using 80mg cialis viagra online netherlands 40mg strattera erowid cialis 100mg lexapro 5mg ibs 100 mg cialis viagra cheap store generic lexapro constipation brown viagra 150mg celebrex 25 mg cialis and mg generic cialis 30mg buy diflucan dosage lexapro 10 mg to 20 valtrex 1000 mg dosierung clomid 100mg cd29 lexapro mexico generic siti viagra online buy doxycycline horses viagra generico 25mg taking 2 10 mg cialis augmentin 1000 mg fiyat 2011 prednisone 200 mg kiwi propecia online cialis online beograd viagra cheap 20mg buy orodispersible levitra doxycycline generic walgreens 1000 mg of augmentin strattera 60mg night lexapro anxiety 5mg online generic viagra there generic propecia cheap valtrex generic synthroid 0.125 mg cialis 2.5 vs. 5 mg cipro generic manufacturer synthroid dosage 0.075mg prednisone dogs order prezzo viagra 100 mg bactrim generic suspension cheap kamagra 150mg buy zithromax capsules prednisone 50mg price order cialis telephone cialis 200mg or100 lupin generic lisinopril prospecto celebrex 200 mg prix augmentin 500 mg buy dapoxetine hk order hydrochlorothiazide 25 mg viagra online utah medicamentos genericos cytotec viagra 50 mg coupon .01 mg synthroid doxycycline succinate 25 mg 25mg of cialis cheap 5mg. cialis cheap lexapro order 40 mg celexa wellbutrin erythromycin online bestellen fungsi xenical 120mg buy cipro prescription lexapro 10 mgs tetracycline 250 mg uses cialis generique 40mg 10 viagra 25 mg cheap lisinopril 10 mg indicaciones viagra generica 25 40 mg levitra professional valtrex 1000 mg online opiniones cialis generico cheap buspar online 150mg sr wellbutrin kamagra online paypal 20 sildenafil 100mg viagra prednisone prescription online nolvadex 10mg pct xenical 120 mg x 252 .99 augmentin 600 mg inj zoloft 50 mg tired priligy originale online lisinopril 10 mg watson cialis 40mg 60mg buy viagra weekender 100mg clomid unprescribed taking 20mg lexapro purchase Levitra 10 mg cytotec 200 mg notice 2.5 mg levitra reviews augmentin goi 250mg cheap viagra qatar generic cialis bestellen buy doxycycline 50mg metformin 500 mg zydus generic viagra description 25 mg di zoloft viagra online paypal buy augmentin 875 generic lexapro effectiveness ordering zoloft online cheap lexapro online cialis tablets 20mg usage cialis 5mg paypal cialis online 20 mg cialis break cialis generico culiacan cheap levitra tablets doxycycline bp 100mg buy cialis store buy nolvadex mastercard viagra versus generic buy nolvadex online amoxil 500 mg ml lexapro dosage 7.5mg cialis 20 mg kullananlar ondoes levitramakeagenericline levitra levitra 10 mg fiyati propecia 5mg order shemale, generic cialis tomei viagra 50mg buy cialis online prednisone 20 mg information viagra online brisbane doxycycline 25 mg 20 mg brand cialis viagra 100mg pharmacy xenical 120 mg gelules generic viagra studies propecia buy lithuania phenergan generic price tadalafil cialis 20 mg clomid online europe cheapest viagra generic 450 mg wellbutrin kamagra 100mg einnahme generic augmentin dosing buy cialis bulk nexium 20 mg uputstvo order viagra us cialis perfect generics zithromax buy cheap generic wellbutrin pharmacy pret celebrex 200 mg order viagra cheap viagra brisbane prednisone 200 mg dosage prednisone 10 mg instructions cheap viagra india viagra online belgium cialis 5mg pricing buy vegetal viagra cialis tadalafil 80mg buy viagra 800mg clomid serophene buy online viagra seized zoloft 50 mg cost lisinopril cost 5 mg prednisone 10mg generic cialis 20 mg bijwerkingen buy viagra saigon viagra 50 mg bijsluiter cialis 10 mg usa buy viagra tiger viagra online eua buy propranolol online online consultation propecia glucophage 850 mg faydalari cialis 5 mg citalopram doxycycline online canada kamagra uk 50mg buy levitra medicaid priligy 30mg malaysia celebrex 100mg tablets viagra 100 mg efectos viagra 100mg usage viagra online quality wellbutrin 150 mg cost need buy viagra canada generic viagra viagra generic dosage propecia cheapest buy valtrex generic acyclovir buying viagra beijing cialis 20mg forsale buy doxycycline 150 mg canadian generic cialis viagra 10 mg stopping 10mg prednisone buy cialis c20 nexium 40 mg daily achat generic cialis viagra spray buy 60 mg nolvadex dia viagra online price female cialis 20mg kjpe cialis 20 mg lexapro 20 mg forum order viagra professional augmentin 625 mg wiki xenical 120 mg costo prednisone 20mg espanol obat levitra 20 mg cialis 5mg oad cheap cialis marbella nolvadex generic name cialis 20 mg pris lisinopril 10 mg g 101 medication lisinopril 10 mg cialis 100mg hinta augmentin suspension 457 mg recensioni cialis generico medco generic cialis propecia london buy levitra 20 mgs. buy viagra berllino strattera dosage 60 mg buy cialis switzerland buy levitra london philippine cialis online viagra 100 mg review there generic valtrex zoloft versus generic cialis 5mg wiki doxycycline 100 mg wsw celebrex cost generic augmentin 500 mg pret fake viagra online celebrex 200 mg coupon 2.5mg cialis price cialis generico caracteristicas buy cheap viagra 32 cialis 20 mg indications buy synthroid uk 100 mg clomid ovulation augmentin 625 mg beipackzettel nexium 40 mg costo harga clomid 50mg cytotec cp 200 mg nexium 40 mg oral cialis tablets online obat lisinopril 5 mg 10mg cialis take phenergan buy online lasix tablets 20mg clomid 50mg 2011 aanbieding cialis 5mg generic viagra 600mg 300 mg of zoloft buying xenical online buy levitra sydney drug generic viagra astrazeneca nexium 40mg valtrex generic purchase doxycycline hyclate 500mg cialis 25 mgs 20 mg lisinopril augmentin 625 mg anwendungsgebiete glucophage xr 1000 mg buying generic valtrex genuine levitra online nexium generico precio viagra 500 mg predam cialis 20mg cialis 2.5 mg clomid generic 50mg online viagra inc propranolol hcl 10mg viagra 100 mg billig viagra 200mg reviews kamagra cheapest online online propecia cheap lexapro 30 mgs prednisone 50 mg 6 days buy zithromax 250mg buy viagra online 350 cialis 5 mg suficiente prednisone taper 20mg canada levitra online zoloft de 25 mg buy viagra onlinereviews nexium de 10 mg generic viagra pakistan levitra 5 mg wirkung generic cialis secure celebrex 200mg ibuprofen lexapro generic alcohol prednisone pack 10mg cialis 10 mg etkisi lisinopril 5 mg shape spray cialis buy online cialis 10 mg buy cipra cialis clomid 100mg gemeos generic of valtrex lisinopril usp 10 mg buspar 30 mg zoloft mg doses kamagra 200 mg viagra 10mg cena buy dapoxetine priligy viagra overnight online tetracycline wolff 250 mg cialis 15 mg cheap levitra sale dapoxetine cheap uk prospect strattera 60 mg cialis 20 mg boite cost nexium 40 mg cheap pharmacy cialis acyclovir 500mg valtrex online 5omm viagra cheap cialis site price cialis 80 mg legal clomid online generic viagra 26 cialis xenical 15mg amoxil 400 mg pill nexium 20mg preisvergleich doxycycline 100mg kopen kamagra 100mg pris valtrex 500 mg posologia metformin 500 mg gpo generic cialis 2.5mg doxycycline generic equivalent cheap branded viagra generic metformin online viagra buy philippinen viagra 100mg costco buy strattera 25 mg vegetal viagra cheap strattera generic cheap online lisinopril erfahrungsberichte cialis 10mg viagra generic walmart valtrex generic cvs online viagra uk levitra 20mg vardenafil levitra generic tadalafil buy cialis europe cipro 500mg 5ml cheap lisinopril hydrochlorothiazide bali buyn cialis viagra now online 6online pharmacy propecia lisinopril 80 mg hypertension buy kamagra forum levitra 10mg chewing cialis tadalafil 2.5 mg nolvadex 10 mg pct lasix iv backorder viagra sample order nexium 40 mg pregnancy buy propecia america cialis 40mg day clomid 50mg effects 50 cent generic viagra synthroid 0.125mg buy cialis re nolvadex online legit buy cialis bali propranolol 10 mg indicaciones lisinopril 40 mg generic 50 mg viagra online generic levitra coupons lexapro generic names levitra 20mg docmorris nexium 40 mg argentina buying viagra london prednisone 20 mg shingles clomid triplets 50mg 150mg zoloft dosage viagra 150mg srilanka discount viagra 150 mg buy strattera 80 mg buying 4 250mg zithromax propecia . 25 mg eod generic celebrex canada bijsluiter kamagra 100mg 25 mg of strattera viagra buy istanbul buspar generic form zovirax 200mg dosing edmonton generic levitra buying 5mg propecia 10mg prednisone lot 150 mg viagra generic options propecia prednisone 10mg price split cialis 20 mg buy levitra 20 pills strattera oral order zovirax online consultation teva wellbutrin generic cialis marke 20mg phenergan 25mg ml cialis 20mg asda cialis 5mg buy clomid buy nhs clomid nolvadex online cialis maxman 1800 mg buy viagra onlineforum discount nexium online augmentin tab 375 mg cialis online japan strattera 18 mg ndc synthroid dosage 0.125 mg buy bulk cialis viagra 100mg tablets 4 propecia cheapest escitalopram 10 mg lexapro cipro 500 mg daily buy clomid cheap zithromax suspension generic propranolol 4mg bought doxycycline online uk cheap kamagra viagra buy site viagra 150 mg tablets cialis generic 10mg glucophage 500mg buy clomid za free 20mg cialis cialis .at online farmacie online augmentin lisinopril 40 mg tabl kamagra 100mg discount amoxil 500 mg generic lasix 20 mg uses levitra 10mg erfahrungen propranolol 10mg forum lisinopril 40 mg 4214 v prednisone 10mg purchase cialis tablets 5mg online nexium cheap buy zithromax 500 mg kamagra soft 100 mg diflucan pill buy generico viagra efeitos metformin 500 mg preis lexapro 10 mg pharmacy xenical online sale generic viagra bali cialis generic 20 mg priligy buy europe buy doxycycline thailand cipro 500 mg fiyat buy zithromax 1gm kamagra canada 50mg kamagra 50mg now nexium samples online online kauf viagra 1.25mg propecia generic cheap cialis 2.5
Home Pete Toms LWIB: Updates on Texas Rangers Bankruptcy, the Rule 4 Draft, Plus Tidbits

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 821 guests online

Atom RSS

LWIB: Updates on Texas Rangers Bankruptcy, the Rule 4 Draft, Plus Tidbits PDF Print E-mail
User Rating: / 12
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Monday, 14 June 2010 07:40

Last Week in Bizball by Pete Toms

This week in “Last Week in BizBall“, the Texas Rangers bankruptcy, the Rule 4 draft plus the weekly tidbits.

RANGERS BANKRUPTCY I

This weekend saw reports (here and here) that the creditors of Hicks Sports Group (owners of the voluntarily bankrupt Texas Rangers) continue to insist in bankruptcy court that MLB approved the sale of the baseball franchise to a group led by Chuck Greenberg and Nolan Ryan over a more lucrative bid from Jim Crane. The creditors hope to persuade the judge presiding over the bankruptcy to reopen bids for the team. (LWIB reported on this same matter two weeks ago.) LWIB sports economist Andrew Zimbalist criticized the creditors for holding up the sale of the franchise and predicted that the bankruptcy court will uphold MLB’s authority to approve any transfer of ownership. From the SportsBusiness Journal:

Eventually, it appears that the key issue — who will buy the team and at what price — will be determined by the judge. The judge first must rule on whether or not the bidding for the team will be reopened. If it is not, then it would appear that the Greenberg bid will hold. If it is reopened and there appears to be a higher bid than the Greenberg group’s offer, then the true present value of the bid and the strength of its capitalization must be assessed. If the bid is superior financially, MLB would then have to vet and approve any new ownership group.

Based upon the bankruptcy court decision in the recent Phoenix Coyotes’ case, which showed full deference to the NHL’s internal rules: the general practice for bankruptcy courts to choose the course of action that is least disruptive to the business: and comments made by Lynn in this case, there is little doubt that MLB’s bylaws will be respected.

The agreed-upon sale price for the team and associated real estate is above the 2.5 to 3 times revenue multiple for MLB teams that has applied in recent franchise sales. It is a solid offer and suggests no favoritism or foul play. Rather, it was the product of an open bidding process that lasted nine months and resulted in three final bids toward the end of 2009. The Rangers selected the best bid.

Given all this, it is both peculiar and unfortunate that the secured creditors are holding up the team’s sale….

RANGERS BANKRUPTCY II

(EDITOR"S NOTE: The hiring of Perella Weinberg was first reported by the SportsBusiness Daily) David McLaughlin reported for Bloomberg that the bankrupt Texas Rangers “…asked a judge for permission to hire Perella Weinberg Partners as an investment banker as it works to complete a sale of the team.” From the same report, “In addition to identifying potential investors, Perella Weinberg would “contact and solicit” investors at the team’s request, according to the court filing. The firm also would help arrange financing for the Rangers while in bankruptcy and help structure and execute a sale of the team.”

SELECT READ MORE TO SEE DETAILS ON THE RULE 4 DRAFT, AND THIS WEEK'S TIDBITS

FIXING THE RULE 4 DRAFT

The Rule 4 draft was very topical LWIB due to the hype surrounding #1 pick Bryce Harper in combination with the enormous fan and media interest in last year’s #1 pick Stephen Strasburg. Strasburg joins fellow pitchers Mike Leake and Drew Storen in the class of 09 draftees playing MLB this season. Last season saw Rick Porcello excel in the Detroit Tigers rotation as a 20 year old. The recent excellence of very young players in MLB is not limited to the pitching ranks. 20 year old OF Jason Heyward has posted an .874 OPS after 255 PAs. Heyward was recently joined in the OF ranks of the NL by another prodigiously talented 20 year old, Mike Stanton. Meanwhile, veterans in their mid 30’s such as Jermaine Dye, Jarrod Washburn and Braden Looper remain unsigned well into June. The trend in MLB front offices is unmistakable, young is good, old is…just old. At the same time as young players have become increasingly important to clubs, the argument that “fixing the draft” is key to promoting/preserving/achieving greater competitive balance in MLB finds more converts. LWIB, Wayne McDonnell, Clinical Associate Professor of Sports Management at New York University detailed the “signability” and “slotting” conundrums inherent in the present structure of the Rule 4 draft.

….in 2004, Long Beach State University’s Jered Weaver was arguably the most heralded pitching prospect in the country at the time. In the eyes of many, he should have been the 1st overall pick in the draft by the San Diego Padres. However, he was represented by Scott Boras. Instead, the Padres drafted and eventually signed a high school shortstop by the name of Matt Bush. Unfortunately, Bush has had an injury plagued career in the minor leagues and has had to confront issues off of the field. Currently, he is now a pitcher and is in the Tampa Bay Rays’ organization at the Class A Advanced Florida State League level. On the other hand, Jered Weaver was selected 12th overall and has accumulated a 56-29 career record with an ERA of 3.62 for the perennial favorites to win the American League West, the Los Angeles Angels of Anaheim.

Mr. McDonnell’s deconstruction of the 09 Rule 4 draft includes these observations.

One of the most disturbing issues that will be intensely scrutinized by many over the summer months is the slotting fees. For example, the Kansas City Royals signed a high school catcher (William Myers) drafted in the 3rd round (91st overall pick) to a $2,000,000 signing bonus. This signing bonus was greater than the signing bonuses given to 15 players who were drafted in the 1st round by 14 ball clubs. The Royals actually gave more money to their 3rd round pick than they did to their 1st round pick (12th overall) Aaron Crow. Crow’s signing bonus was $1,500,000. Their 4th round pick (Christopher Dwyer) received a $1,450,000 signing bonus. This signing bonus was greater than the signing bonuses given to 12 players who were drafted in the 1st round by 10 ball clubs.

 For more of Mr. McDonnell’s arguments in favour of reforming the Rule 4 draft you can watch this SportsMoney video segment from Forbes.

TV BROADCAST OF THE RULE 4 DRAFT

Due to different reasons, MLB’s amateur draft has never generated the same level of interest amongst media and fans as do the drafts in the other “big 4” sports. The past two drafts have been covered by MLB Network who obviously aspire to make it more of an “event”. The Sports Media Watch blog reported on the audience numbers. “….first round coverage of the 2010 MLB Draft drew a 0.11 rating (132,000 HHs) on MLB Network -- up from last year's 0.09 (98,000 HHs), but down from a 0.25 (284,000 HHs) in '08, when the event aired on ESPN2.” Will Lingo, the Editor in Chief of Baseball America, praised MLBN’s coverage of the draft but offered some suggestions for increasing the appeal of the event. Mr. Lingo would like to see more players in the TV studio but admits that NCAA regulations make that difficult (if not impossible). “Most of the problem, unfortunately, comes from NCAA regulations. MLB can't pay for the players or their families to attend the draft without running afoul of eligibility rules. And because pretty much everyone in the draft at least wants the option of attending or returning to college, that's a big roadblock.” Mr. Lingo also recommends bringing fans and executives (General Managers/Scouting Directors) to the studio as well as devoting more broadcast time to “draft experts” (this year Jonathan Mayo and Jim Callis).

THE WEEKLY TIDBITS

  • LWIB saw indications that the political compromise necessary to initiate plans for a new Tampa Bay Rays stadium could be coalescing. Stephen Nohlgren reported for the St. Petersburg Times:

Construction of a new baseball stadium should begin by 2017, the St. Petersburg Chamber of Commerce advised Thursday, but only if the Tampa Bay Rays agree to stay within city limits.

Furthermore, if the team wants to leave downtown for a site closer to Tampa, the Rays should eventually bring spring training back from Charlotte County.

That's the gist of a letter the chamber sent Thursday to St. Petersburg Mayor Bill Foster. It was designed to "kick start'' negotiations between the city and Rays, said chamber president John Long.

And while the chamber still rejects a move of the Rays to Tampa -- a more accessible location for most of the population in the region -- they've now set a price for the team pursuing a ballpark closer to Tampa: a move of spring training back to downtown St. Pete. We're not sure whether than means a renovated Al Lang Field or what, but let's face it -- important forces in St. Pete are now contemplating a Rays' move away from Tropicana Field. What's now being negotiated: the terms.

  • Through the end of May, attendance in MiLB was up almost 700,000 over last season. See MiLB.com for details.

  • Mike Ozanian of Forbes noted that Orioles owner Peter Angelos is positioned to profit handsomely from the popularity of Nationals pitching phenom Stepen Strasburg. “You see, in order to allow the Montreal Expos to relocate to D.C., Angelos struck a deal with MLB that would eventually give him a controlling share of the MASN regional sports network. MASN televises both Nationals and Orioles games, and its ratings and advertising revenue will surge if Strasburg becomes a flame throwing star. So will the equity value of MASN. And you were wondering how an owner can do such a lousy job running a team yet make a mint from owning it.”

Pete Toms is senior writer for the Business of Sports Network, most notably, The Biz of Baseball. He looks forward to your comments and can be contacted through The Biz of Baseball.

Follow The Biz of Baseball on Twitter Twitter

FacebookFollow the Business of Sports Network on Facebook

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?