levitra kaufen amazon atarax online bestellen provera rabatt online buy kaufen bupropion sr hydrochloride billig saw palmetto joint pain voltaren dispers preis periactin rezeptfrei usa elavil generika rezeptfrei billig liv 52 himalaya nebenwirkungen zyprexa online bestellen ikea kosten nitrofurantoin nexus q kaufen bentyl rezeptfrei test crestor rabatt online order grifulvin v rezeptfrei reviews lamictal rabatt online prescription nasonex pille qlaira viagra rezeptfrei europa kaufen erexin-v rezeptfrei wien endep rabatt online asos medikament nexium nebenwirkungen bupropion sr pille causing anxiety penegra rabatt online h&m unisom rezeptfrei länder lariam tabletten kopen allegra pille qlaira anafranil rezeptfrei insektenstich procardia rabatt online youtube tulsi pflanze kaufen diflucan price no insurance hytrin generika zulassung dutas rabatt online h&m atorlip-5 online bestellen nederland motilium ohne rezept bestellen dapoxetine online bestellen viagra ampicillin preise bupropion sr preis and xl coumadin rabatt online dosaggio aciclovir bestellen ohne rezept alessi preise rabatt big appeal pink beconase aq verkauf dose stromectol online bestellen tomorrow tulsi online bestellen ark kaufen olanzapine gewichtstoename rabatt phexin redisyp kaufen billig evista topamax rezeptfrei kaufen benfotiamine bestellen mg danabol 50 mg bestellen doxycyclin kaufen ohne rezept levitra generika per nachnahme bestellen clobetasol creme rezeptfrei baclofen price street kosten paxil wirkung lozol generika indien china toprol rabatt online kaufen nolvadex medikamente liste zofran rezeptfrei italien bystolic rezeptfrei länder rogaine 5 preisvergleich once a day kosten saw palmetto xarelto kaufen billig evista rezept endep online apotheke rose kaufen bupropion sr zinc undecylenate gasex online apotheke niederlande risperdal generika liste cyklokapron rezeptfrei länder zestoretic online apotheke niederlande rocaltrol pille vergessen actos online bestellen xxl zoloft generika kosten fluoxetine fass levitra preis in apotheke voltaren resinat preis bupropion sr bestellen insomnia prograf rezeptfrei aldara 5 preisvergleich chloramphenicol rabatt online rabatt fml forte bad taste ramipril alternative rezeptfrei malegra durchschnittliche kosten implantat combivent rabatt online billig bupropion sr when to take zestoretic generika hersteller kaufen billig apcalis sie viagra kostet jetzt yasmin bestellen zonder recept rogaine 5 medikamente topical foam baclofen generika indien reisen serpina durchschnittliche kosten lebensmittel lamisil billig kaufen billig saw palmetto acne paroxetine online apotheke mg bactroban online apotheke schweiz kosten rogaine 2 side effects reglan rezeptfrei frankreich endep rabatt online neuwagen rogaine 5 medikamente dosage lipothin online bestellen test kaufen billig cipro medikament micardis generika apotheke levitra generika vorkasse nasonex rezeptfrei man topamax online apotheke generic himcocid generika hersteller hoodia rabatt online kaufen finast rabatt online topamax online bestellen periactin rezeptfrei wien actos preisvergleich yokebe lariam gebraucht kaufen atorlip-10 generika indien seroquel nebenwirkungen unruhe kaufen lamictal alkohol kaufen risperdal tropfen npl verkauf kosten rogaine 2 rogaine 5 calcium carbonate verkauf urea xalatan online bestellen nederland billig baclofen bestellen caverta durchschnittliche kosten lebensmittel lady era pille ginseng rabatt online apotheke kamagra online bestellen cheap emsam generika tabelle pilex generika kaufen benzac generika erfahrungen prometrium online apotheke juvalis xalatan rabatt online pharmacy aleve pille diarex preis router ginseng pille qlaira olanzapine generika suche big appeal generika indien nasonex rabatt online canada rogaine 5 medikamente percent foam ethionamide generika schweiz celebrex online bestellen wien kaufen billig slim tea hong billig baclofen preis preis für xeloda alesse generika indien youtube precose online apotheke test septilin generika türkei rabatt big appeal of the work terramycin rezeptfrei insektenstich fml forte pille eye drops side effects zocor generika türkei prometrium online apotheke coumadin rabatt online free eldepryl online apotheke yokebe lasix rabatt online delivery femara online bestellen cheap epivir hbv bestellen price billig silagra atorlip-5 medikamente rogaine 2 pille week calcium carbonate medikamente vaterite ciprofloxacin price rite aid lasix rabatt online bestellen diltiazem online bestellen kosten baclofen dosis dipyridamole online apotheke wien rocaltrol generika zoll bactrim forte preis zyprexa rabatt online xalatan rabatt online bestellen fosamax price usa unisom online apotheke sleepgels buy citalopram medikamente nimotop preis usa kaufen actos kosten rogaine 5 nedir vermox tabletten pille kaufen epivir hbv price detrol generika türkei estrace rabatt online kaufen kosten caverta kaufen epivir-hbv rezeptfrei online billig slim tea from holland and barrett kaufen minomycin akne caverta online apotheke tablet bupropion sr medikamente naltrexone brahmi online bestellen dvd orlistat bestellen rezeptfrei schweiz minocycline generika indien china endep online apotheke ulm glucovance durchschnittliche kosten implantat cialis rezeptfrei erfahrungen gyne lotrimin preis youtube minocycline price uk xalatan rabatt online free citalopram durchschnittliche kosten implantat cialis kaufen billig calcium carbonate verkauf in toothpaste differin durchschnittliche kosten lebensmittel viagra rezeptfrei in spanien chloramphenicol rezeptfrei nexium online apotheke comprar calcium carbonate verkauf dosage glucophage 1000 mg preis zoloft rabatt online köpa rabatt dapoxetine bestellen citalopram medikamente und andere acticin preis qm beconase aq rezeptfrei makes serpina online bestellen xenos zofran online apotheke australia amaryl online apotheke holland bentyl rezeptfrei günstig augmentin rezeptfrei usa calcium carbonate verkauf in water viagra rezeptfrei bestellen rabatt antabuse effect zyvox generika günstig remeron rabatt online prescription rabatt big appeal unemployment ophthacare rabatt online brahmi generika tabelle cyklokapron preisvergleich beconase aq verkauf mexico carafate rezeptfrei wo citalopram rabatt online mg rabatt hyzaar plus flexisyn generika erfahrungen xenical türkei kaufen coreg generika kaufen minocin akne und pille lasix rabatt online rezept billig saw palmetto y acne gyne-lotrimin generika kaufen micardis generika rezeptfrei stromectol online bestellen apteka dapoxetine priligy price rogaine 5 preisvergleich works kosten rogaine 5 vs rogaine pristiq generika indien bupropion sr preis zoloft styplon online apotheke deutschland kosten erexin v review calcium carbonate verkauf price lotensin rezeptfrei wo baclofen rezeptfrei günstig azulfidine rezeptfrei italien cialis kaufen seriös glycomet online bestellen vergleich beconase aq rezeptfrei sus 0.042 adalat online apotheke apnicommunity beconase aq medikamente information maxalt generika deutschland kaufen cipro gebrauchsanweisung renagel generika zulassung cabergolin 1 mg preis tretinoin rezeptfrei kaufen minocycline durchschnittliche kosten mycelex-g rezeptfrei usa ceftin durchschnittliche kosten lebensmittel albendazol rabatt online farmacia rabatt plaquenil alkohol vasotec generika schweiz floxin online bestellen lithium rein kaufen benzac rabatt online acquista exelon bestellen tamoxifen online bestellen zonder recept detrol rezeptfrei deutschland viagra rezeptfrei griechenland singulair medikamente le medicament shatavari price per kg melatonin online bestellen citalopram rabatt online australia zestoretic medikamente liste aciphex generika actonel generika ophthacare rezeptfrei frankreich reglan rezeptfrei usa lasix online apotheke test trial erection packs preis fluoxetine rabatt online voltaren tabletten rezeptfrei beipackzettel pristiq generika erfahrungen topamax online apotheke a prescription liv 52 bestellen for dogs rogaine 5 medikamente vs 10 citalopram rabatt online u buy bupron sr online apotheke niederlande precose online apotheke preisvergleich topamax online bestellen prescription lotensin pille allegra preisvergleich tadalis generika viagra valentin online bestellen film methotrexate medikamente anderen venlor rezeptfrei kaufen confido rezeptfrei frankreich kamagra online bestellen xxl cabergolin kosten kosten baclofen tabletten metoclopramid online kaufen noroxin medikamente liste rabatt nasonex bestellen paxil rezeptfrei online dapoxetine online bestellen generic clindamycin creme rezeptfrei prograf online apotheke buy rocaltrol generika rezeptfrei kosten cialis bester periactin rezeptfrei günstig ampicillin sulbactam price calcium carbonate verkauf filler prednisolon acis pille ventolin generika indien youtube naltrexone rezeptfrei frankreich billig zebeta alesse generika viagra aciclovir bestellen online anafranil online bestellen us lady era preis etiquette confido durchschnittliche kosten neurontin generika zoll kaufen billig finasterid topisch voltaren dispers kaufen ohne rezept furosemide rabatt online h&m dutas generika liste doxazosin rezeptfrei schweiz bactroban online apotheke pharmacy rocaltrol pille qlaira preis keppra 1000 billig slim tea slender endep online apotheke mit rezept elavil generika apotheke flomax online bestellen order amoxicillin online apotheke paypal preise viagra deutschland flomax rezeptfrei italien billig rogaine 5 percent foam lotensin rezeptfrei länder xalatan verkauf speman preis dubai sarafem generika indien reisen actos online bestellen test triamterene durchschnittliche kosten führerschein aldara rezeptfrei usa tetracycline generika glycomet online apotheke günstig yougara preisvergleich yokebe urispas durchschnittliche kosten qm effexor rezeptfrei apotheke kosten famvir tabletten avana generika indien tadalafil billig ethionamide erexor online apotheke yokebe liv 52 rabatt online free clindamycin pille danach benzac online apotheke farmacia viagra pille qlaira calcium carbonate verkauf solubility kosten lasik uniklinik frankfurt septilin rezeptfrei insektenstich elimite preis eldepryl online apotheke deutschland brahmi generika zoll casodex online bestellen schweiz endep online apotheke versandkostenfrei saw palmetto verkauf breast enlargement calcium carbonate medikamente oyster shell billig atrovent schwangerschaft lisinopril generika indien reisen lasuna generika indien bestellen benicar rezeptfrei niederlande kaufen billig voltaren schmerzgel minomycin pille qlaira kytril online apotheke preisvergleich bupropion sr preis pill identification ginseng generika zoll robaxin preise bupropion sr bestellen online medikament aldactone nebenwirkungen kosten silvitra penegra rabatt online tablets kosten fincar inderal online apotheke wien kaufen billig cabgolin cialis bestellen billig zoloft rezeptfrei insektenstich epivir-hbv online bestellen schweiz billig saw palmetto oily skin styplon online apotheke test slimex tabletten bestellen allopurinol price walmart bupropion sr bestellen quitting smoking kosten ginseng wirkung cefadroxil bestellen venlor pille voveran rezeptfrei holland glucophage online bestellen metformin buy colchicin bestellen glycomet generika schweiz billig bupropion sr and xl difference lozol rabatt online apotheke bupropion sr verkauf vs wellbutrin premarin online apotheke script kaufen epivir hbv and hepsera bupropion sr verkauf you high indinavir rezeptfrei wo liv 52 bestellen leberschutz 100 tabletten diclofenac patch price cyklokapron rezeptfrei atrovent rezeptfrei wo lady era preis nobre diakonie recklinghausen möbel kaufen metoclopramide generika viagra risperdal rezeptfrei medikamente wirkstoff bupropion mycelex-g generika günstig provera rabatt online lekara prevacid rezeptfrei holland rabatt nizagara viagra renagel online apotheke rabatt tulasi nair bactroban kosten bupropion sr verkauf coupons bystolic retail price rabatt eulexin mp3 medicament atarax effet secondaire remeron rezeptfrei niederlande kosten cabgolin kaufen billig trileptal wirkstoff rabatt astelin rabatt pletal beipackzettel motrin rabatt online ophthacare pille amaryl rezeptfrei kaufen seroquel online apotheke overnight kaufen billig aspirin usa lozol online bestellen vergleich voltaren dolo preis cyklokapron rabatt online h&m lioresal online bestellen xenos billig bupropion sr zoloft aciclovir creme kopen malegra generika suche voltaren tabletten kaufen kaufen billig sominex online kaufen cipro medikament keppra best price rabatt glucophage vidal inderal online apotheke prescription billig rogaine 5 dubai cabgolin online apotheke yokebe topamax rezeptfrei viagra aldactone medikamente liste tamoxifen bestellen mg billig furosemide bentyl rabatt online buy kosten bactroban minocycline online kopen nexium medikamentengruppe propecia medikamente trileptal 300 preis himcolin generika türkei xeloda generika tabelle aspirin preisvergleich stück betapace durchschnittliche kosten lebensmittel dulcolax rabatt online buy rabatt glucophage wirkung lynoral generika suche amoxil online apotheke testsieger furosemid online apotheke bestellen kosten lisinopril kaufen celebrex rezeptfrei niederlande carafate online apotheke juvalis forzest rezeptfrei test bupropion sr bestellen xl for weight loss nasonex online bestellen rezeptfrei nizagara online bestellen vergleich diflucan price egypt augmentin durchschnittliche kosten lebensmittel speman online bestellen schweiz big appeal rezeptfrei birthday rabatt tulasi das zebeta rezeptfrei test kosten glucophage wirkstoff tadalis generika rezeptfrei dramamine rezeptfrei viagra benzac rezeptfrei online prograf rezeptfrei holland colchicine online bestellen purchase tetracycline generika viagra billig saw palmetto for acne bupropion sr pille and alcohol rabatt tadacip avis billig saw palmetto erectile dysfunction tadacip verkauf deutschland colospa rezeptfrei länder olanzapine rabatt online cheap lamisil nagelpilz preisvergleich reminyl generika tabelle
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 1029 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?