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 Mark Cuban and the Texas Rangers

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GolbeZ
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PostSubject: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyWed Aug 04, 2010 11:34 pm

As of a few minutes ago.. Mark Cuban just won the auction for the currently bankrupt Texas Rangers.. who are also currently leading the West by 8.5 games and is a very strong contender to make a big run in the postseason..

Cuban still has 3 big hurdles to go through..

1. Appeals from Nolan Ryan and the Greenberg Group
2. Approval from MLB to own the Rangers (this step is what kept Cuban from getting the Cubs. But in the case: with it being the Texas Rangers and not a storyboard franchise like the cubs, as well as the Rangers being Bankrupt and using MLBs help for money.. it seems MLB "might" approve here being they just want it over with.)
3. If approved by MLB.. will need to pass a 75% approval vote from all the owners in the MLB (A really tough one, especially for someone like Cuban... you know those owners don't want Mark Cuban in their little elitist group.)

I was all for Ryan/Greenberg Group in this but I kind of want this to all be over.. what is "ya'lls" opinion about Mark Cuban possibly getting the Texas Rangers..

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyWed Aug 04, 2010 11:41 pm

Greenberg was stupid (Ryan woulda been like a 5 percent owner ) all he had to do was up the ante a little more months ago and the team was his

on A, no chance they get a judges decision reversed

the other things, like the 75 percent vote I doubt MLB will reject this which is not what MLB wants they want this thing over with

we know Cuban will spend the money on his franchises, i like this

the interesting thing will be to see if he goes after the Stars who are ran by the NHL

props to Hicks cause everyone said oh were fucked if this thing doesnt get sold by trade deadline, which hasnt happened at all

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyWed Aug 04, 2010 11:42 pm

also Cuban doesnt try to act like he knows more than other people, he will keep Ryan around if Ryan wants it

also rumors are Cuban tried to join the Greenberg/ Ryan group and they denied him so he outbid them hahaha, that was stupid on their part

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyWed Aug 04, 2010 11:56 pm

don't give props to hicks ... that piece of shit is the son of bitch that brought all this on the Texas Rangers (and stars).. he also tried in every way possible to not pay off his debts which is why the creditors had so much power in deciding who would buy the Rangers.. Hicks can go fuck himself somewhere.. he was a distant owner who didn't care about the teams he had and the only thing "he did" for the Rangers was went out and signed A-Rod which he still owes 25 million dollars too.. which was a waste of money.

And the part about Cuban "spending the money" .. thats all fine and good if he is spending his money on the right things... Mark Cuban isn't really known for surrounding himself with the right people in the office.. I mean Nellie as the GM for the Mavericks? I am fine with Cuban being the owner: being that he is great at marketing, a very proactive owner and pure fan, and is willing to drop his checkbook on the table.. but he also knows jack about running a baseball team.. Nolan Ryan has already said he won't stay if Greenberg doesn't win the team .. If Cuban gets the team the first thing he needs to do is "try" and keep Nolan, but at the very least offer a big deal to keep Jon Daniels as the GM of this team.. who has as much or maybe even more credit for making this current team we have, and with minimal money.

I just don't want another Hicks as an owner... and I just don't see Cuban going to every Rangers game like Nolan Ryan does..

Quote :
the other things, like the 75 percent vote I doubt MLB will reject this which is not what MLB wants they want this thing over with

the 75% vote has nothing to do with Selig and MLB.. its the owners say at that point.

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Last edited by GolbeZ on Wed Aug 04, 2010 11:59 pm; edited 1 time in total
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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyWed Aug 04, 2010 11:58 pm

Birdofthad wrote:
also Cuban doesnt try to act like he knows more than other people, he will keep Ryan around if Ryan wants it

also rumors are Cuban tried to join the Greenberg/ Ryan group and they denied him so he outbid them hahaha, that was stupid on their part

yeah.. he did offer to help Greenberg to win the auction for a 3 way partial ownership with him greenberg and nolan.. Greenberg was very scumy/whiny/ and arrogant through this whole thing.. it is their own fault for losing the team.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 12:00 am

golbez your wrong

1. Hicks spent a shit load of money on his franchises
2. If you dont get the money to pay of your creditors, you dont fucking bankrupt yourself, you wait till you get the money, doing anything otherwise is fucking idiotic
3. Arod, Chan Ho, Juan Gonzalez, Hull, Belfour,Guerin, Arnott it wasnt just ARod the dude spent serious money for his teams
4. you think the owners want to Piss of MLB???

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 12:12 am

Birdofthad wrote:
golbez your wrong

1. Hicks spent a shit load of money on his franchises
2. If you dont get the money to pay of your creditors, you dont fucking bankrupt yourself, you wait till you get the money, doing anything otherwise is fucking idiotic
3. Arod, Chan Ho, Juan Gonzalez, Hull, Belfour,Guerin, Arnott it wasnt just ARod the dude spent serious money for his teams
4. you think the owners want to Piss of MLB???

1. Spending a shit load of money doesn't make you a good owner
2. I am confused on this one .. because he did "fucking bankrupt himself" and dragged all his assets with him
3. A-rod - that money should have been spent elsewhere
Chan-Ho - Really? Chan-Ho blew, and is a reliever on the Dodgers now
Juan Gonzo - he had nothing to do with him. Hicks bought the Rangers in 1998.. and failed to sign him in 99. So yeah.
and yeah he did a good job for the stars in the late 90s.. what has he done for us lately.

4. I don't think MLB wants to piss off the owners. Both the Owners and MLB want Ryan/Greenberg for some reason..

After all this debacle i seem to find Greenberg as the scumy cheap ass in all of this ..

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 12:29 am

what im saying golbez is

if you owe creditors 200 million and have a debt of another 400 million

would you sell your main asset for 500 million and still have to owe another 100 million

NO you wouldnt, people being mad at Hicks over something like this is idiotic in my opinion he shouldnt be expected to fuck himself so some fans can say oh happy day Hicks isnt owner anymore

also, spending money did help, the Rangers were a top team in the late 90s and the stars won a stanley cupp off of Hull and Belfour

he did what we want from our owners, spent money and made his teams better and competitive

the real issue was him buying into Manchester United thats what fucked him

completely agree on Greenberg, they say if he had upped his ante by as much as 5 million he would ahve had the team a while ago he was stupid and lost out.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 12:31 am

and does Chan Ho blow? Hell ya

was he a hot commodity and considered a good signing? hell ya

did the yankees pick him up? hell ya

add in he brought in Jon Daniels who has been great after some learning speed bumps, i feel for the guy, he gets dumped on for trying to bring good players to his teams cause he went bankrupt and his teams went south in the process


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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 12:31 am

Also you arent duming on Ryan/Greenberg to much when all they were saying was "we can bring moeny to the table"

which is exactly what Hicks did

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 12:45 am

Birdofthad wrote:
what im saying golbez is

if you owe creditors 200 million and have a debt of another 400 million

would you sell your main asset for 500 million and still have to owe another 100 million

NO you wouldnt, people being mad at Hicks over something like this is idiotic in my opinion he shouldnt be expected to fuck himself so some fans can say oh happy day Hicks isnt owner anymore

also, spending money did help, the Rangers were a top team in the late 90s and the stars won a stanley cupp off of Hull and Belfour

he did what we want from our owners, spent money and made his teams better and competitive

the real issue was him buying into Manchester United thats what fucked him

completely agree on Greenberg, they say if he had upped his ante by as much as 5 million he would ahve had the team a while ago he was stupid and lost out.

I guess Tom Hicks is a moron because he settled a deal with Greenberg awhile ago for a lot less for what the team is being bought for now .. and it has been the creditors who has been going after the courts saying they get to decide who buys the team not Hicks / MLB .. because of how much Hicks owes them.. Greenberg was trying to get a huge steal .. if Hicks didn't run himself into the ground, he would have the option to sell to whoever he wanted.. rather than letting creditors who doesn't give 2 shits about the rangers have a huge say in all of this.

And I disagree Bird with him helping the Rangers... He bought the team in 98 .. which was already an established team who went to the playoffs in 96 97 .. he bought the Rangers in 98.. failed to make the playoffs.. failed to sign Gonzo, Pudge, + others and failed to bring in solid pitching.. instead he goes out and spends 250 million dollars on one damn player and thought that was enough .. Hicks has done nothing good for the Rangers unless you want to credit him for bringing in Daniels.

He brought a stanley cup to the stars, so I guess he has that.. but I am not discussing the stars right now.. when speaking of the Rangers.. he went after the wrong players and was never around.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 12:56 am

can agree on all that but gotta realize the reason he ok'd Greenberg and Ryan was cause Jim Crane the high bidder would never get approved by the league and he knew it, he had no other option

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:03 am

wow greenberg i thought bitched and walked out of the court .. but he just raised 12 million on cuban

dkaplanSBJ: greenberg just increased bid to $365 mln and eliminated the $12 mln escow. cuban was at $356 mln. cro will take 15 min to analyze half a minute ago via mobile web

aandro The total bid is around $585 million for Greenberg with $12 million in escrow removed.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:10 am

holy shit just when i was gonna pop open the champagne Greenberg gets up and Apoolo (Cuban) gives the look too Rocky like WTF


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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:17 am

dude I am following this thing on someone twittering updates in the courtroom.. and its getting intense..

Cuban already raised 12 million and Greenberg said he didnt need the whole 30 minutes to think things over.. said he only needed 5.

______

aandro We just had a bid of $390 million from Cuban and a cut of the $12 million escrow. less than a minute ago via web

aandro The Cuban bid for the #Rangers right now could total somewhere in the $610 million neighboorhood. But the pressbox wireless is still bad.

aandro CRO reviewing, hard to hear comments between judge. Not sure what was just discussed, but it appears that Greenberg upset

aandro We could have another bid in about five minutes. Greenberg didn't need the 30. Said five.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:18 am

610 million for the Rangers???? Jesus they are getting sold for more than expected.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:29 am

i love it though that Cuban aint wainting he is like, oh he raised it, raise the chum

its gonna come down to who has more money and Cuban has a shitload more

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:31 am

Birdofthad wrote:
i love it though that Cuban aint wainting he is like, oh he raised it, raise the chum

its gonna come down to who has more money and Cuban has a shitload more

yeah this is one of the rare times that Greenberg didnt whine for 2 hours and than make a bid... Cuban has been raising him in 5 minutes .. but apparantly Greenberg offered 385 mil .. which is 5 million under what Cuban bid .. but apparently Greenberg is paying with Cash (which is crazy), and that seems to have more value than normal (for some reason)

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:36 am

aandro The Greenberg bids can be less because of present value of money. They can close bid now.

aandro Greenberg's is worth more currently because it's already MLB approved plus on spot pay unlike cuban

aandro #mlb #rangers Greenberg leads at $385 in present day value. Cuban is taking 10 minutes to bid next

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:39 am

how the hell are they determining that Greenbergs money is "worth" more than Cuban's .. that makes no sense.. this already sounds like a ton of appeals to happen after if greenberg pulls this out.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:43 am

Wow .. Cuban opted out .. Greenberg just won the team.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:46 am

Hey! Greenberg got the team for just mere 385 million more than he initially tried to get the team for.

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 1:49 am

hha wow who woulda thought

see what it is Golbez from my understanding is

lets say Greenberg bids 600 mill (hypothetically) he agreed to pay 385 mill up front in cash rest will be in stocks and shit like that

so my guess is when they say his money was valued more it means he was going to give more straight up cash

will ask my pops all about this shit in the mroning hes a bankrupcy lawyer and to quote Denzel Washington from Philadelphia "has been explaining all of this to me like i was a 4 year old"

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PostSubject: Re: Mark Cuban and the Texas Rangers   Mark Cuban and the Texas Rangers EmptyThu Aug 05, 2010 11:13 pm

they ended up getting it for just under 600 mill

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