strong viagra on150 to 300 mg wellbutrinxenical generic price strattera 10 mg propranolol mk 40 mg kamagra viagra cheap buy viagra americalasix 80mg cost increase mg propecia 120 mg viagra price metformin 1000 mg pregnant 0.5 mg propecia eod generika viagra 100mg generic viagra dangers viagra online apotheek clomid 50 mg cancer 25 mg zoloft pmdd buying kamagra bangkok cialis generico 100 buy kamagra soft amoxil 500mg caps 20 mg of buspar cialis 20mg time buy rui clomid 300 mgs wellbutrin cialis wirkung 20mg prednisone apo 50 mg buy viagra rx levitra 10mg generic nexium 40 mg generic 2011 albuterol ventolin online 10 apo mg propranolol buspar 7.5mg levitra 5 mg opinioni cheap kamagra uk wellbutrin dosage 200 mg mg. de cialis propranolol 10 mg bijsluiter metformin hexal 500 mg metformin 1000 mg e221 buying viagra cvs celebrex generic yet augmentin 156 mg syrup wellbutrin generic availability cialis generic daily 2.5 cialis generic fast erythromycin ophthalmic generic buy levitra cheap cialis ordering online nexium enterotablett 40 mg buy prednisone prescription levitra brand generic cialis tadalafil 100mg cipro 1000 mg uti generic 500mg viagra 100mg zoloft pregnancy nexium 40 mg walgreens 200 mg cialis india wirkung viagra 2augmencheapviagra 25 glucophage 500 mg bprednisone 50mg tab <generic black cialisglucophage tanexium 20 prijsindian genericmetformin storder ciaclomgenericsybuy 10mg cinexium 10 mg colobuy viagra indianviagra augmentin 250viagra vegeta 20diflucan 1nacitaloprabuyzithromax5mg cialis clomid 3 months 50 synthroid buy onliincrease lexalexaprordermeviagracipro xl 500 buylevitra 10 mg istruzcialis order croatiaonline viagra review levitra online info cobra viagra 150 mg zovirax 200mg bula 500mg cipro std zithromax 250 mg filmtabletten viagra online atlantic online viagra now cialis 40mg dosis propranolol 40 mg reviews iv lasix 500 mg buy doxycycline china cipla cialis 5mg prednisone 6 mg cialis dosage 800mg strattera generic online glucophage er 1000 mg viagra mg chart lasix 40mg shop buying cialis vietnam phenergan 25 mg injection 1cheap cialis online xenical to buy zovirax 400 mg pregnancy capsulas celebrex 100 mg viagra genuine online levitra brand online nolvadex canada order propranolol tab 10mg buy 20 mg lisinopril order zithromax 500mg 20 mg cialis first canada cialis 20 mg valtrex generic cheapest zithromax online ordering cialis 40 mg cvs zithromax 500mg nebenwirkungen nexium 40 mg po generico viagra azul viagra safety generic cheap cialis black buy super viagra buy viagra cipla nexium 20 mg compensat viagra 100mg erfahrungen celebrex dosage 600 mg cialis 20 mg wikipedia 500 mg viagra wirkungsweise viagra 25mg zithromax online store augmentin 1000 mg nedir cheap 10 viagra levitra tablets buy buy zoloft thailand buy zoloft us zithromax 1000mg iv cipro buy online nexium 40mg pris levitra 60mg apo metformin 850 mg remedio cipro 500mg generic viagra anygood cialis online uk viagra online jakarta lisinopril 10 mg images cialis equivalente generico diflucan 100mg zovirax generic price cialis 20mg faq zovirax 400 mg propecia 0.2 mg inderal propranolol 10mg viagra 4cpr 50mg doxycycline accord 100 mg inexpensive generic cialis generic viagra dangers Levitra 20 mg Buy cost viagra 50mg precio generico zovirax augmentin sciroppo 140 mg buy generic prednisone buy lisinopril usa packungsbeilage viagra 100mg lisinopril 20 mg wikipedia precio viagra 100 mg buying viagra kl order propecia forum metformin 500 mg glucophage buy levitra 40 mg doxycycline acne 200 mg propecia cheap alternative generic lisinopril india cheap viagra onaline viagra 50 mg costo 40 mg dosage cialis buy diflucan 150mg generic drugs synthroid cialis yellow 800mg lexapro 20 mg bijwerkingen propranolol bijsluiter 80mg nexium 80 mg daily lexapro 10 mg withdrawal propecia generic mexico viagra online paris levitra generic available nexium 40 mg packet venta viagra generica wikepedea lexapro 5mgs lasix generico starting wellbutrin 300 mg bactrim nombre generico clomid generic names kamagra order online cheap levitra paypal synthroid 0.15 mg generic synthroid cost 100mg viagra generic buy levitra online 7 kamagra 100 mg bijwerking comanda viagra online dosis nexium 40 mg caremark nexium 40 mg priligy comprar online 0.5 mg propecia eod cheap kamagra plus ordering propecia overseas cipro 400 mg iv Levitra 90 pills Buy metformin mail order buy levitra 180 pills strattera 25 mg capsule generic levitra alcohol glucophage forte 850mg buy propecia men 150mgof viagra medicine levitra 20 mg buy viagra korea buy kamagra ireland viagra 100mg tab. levitra 10 mg review order propecia 5mg buy viagra florida 2013 5 mg dose lexapro kamagra 100 mg reviews cheapest generic nexium generic propecia finasteride cialis 2.5mgform propranolol online pharmacycombine 5mg cialis buy propecia forum india viagra 100mg cialis de 20 mgr nolvadex 40mg aanbieding clomid multiples 100mg mail order viagra 150 hexabotin 500mg erythromycin lasix to buy propranolol 40 mg anxiety online order viagra buy clomid 25mg cheap celebrex 200mg manila generic cialis 800 mg viagra knockoff amoxil 500 mg cost online bestellen propecia viagra 100mg nl lexapro 10mg recreationally buy rui clomid generic cialis bild amoxicillin 500mg amoxil zithromax 250 mg dosage levitra 20mg 12st cialis effectiveness 5mg cialis generic 20 diflucan pill 150mg dosage cialis 20 mg took 3 5mg cialis generic hydrochlorothiazide 12.5 mg buy zovirax cialis generico e20 wellbutrin generic bad lexapro generic diahra cialis 5mg last order propecia overnight valtrex de 500 mg buy levitra line augmentin antibiotico 125 mg buy nolvadex safely zovirax generic brand levitra 10 mg wirkung cialis 20 mg experiencias viagra generico dosis lisinopril 2.5 mg tabs propecia online bestellen nexium cap 20 mg order Levitra 20 mg wellbutrin 200 mg xl xenical 180 mg relsuts buying viagra tokyo viagra 50 mg 2 tablet hay viagra generico propecia 5mg valtrex epocrates online cialis 20mg preis generic levitra buy cialis 10mg oglasi levitra generico 5 mg dosis metformin 500 mg amoxil 500 mg toothache nexium generic fda blue viagra 3000mg buy nolvadex buy wirkung cialis 10mg cialis 50 mg review augmentin 500 mg posologie phenergan 25 mg injection generic viagra florida inderal propranolol 10mg propranolol 10mg nexium 20 mg kaufen wellbutrin xl 75 mg kamagra 100 mg bijwerking buy propecia forum xenical 120mg wikipedia lisinopril 5mg tablets cialis 100 mg dangerous order viagra safely generic zoloft manufacturers posologia viagra generico cialis 5mg last amoxil 500 mg toothache ge prednisone 10 mg generic viagra greece doxycycline 1oomg viagra 800mg kullanimi viagra 50 mg 2 tablet lexapro 10mg canada lexapro 30 mg dose cialis 20 mg discoun online viagra malaysia cipro 55 mg is generic viagra priligy cheap propecia generic mexico cheap viagra generic augmentin sciroppo 140 mg levitra bucodispersable 5 mg order zithromax 500mg celebrex 200 mg precio 1cheap generic cialis generic viagra testimonial cheapest viagra homepage buspar online kaufen lexapro 10mg pregnancy cipla cialis 5 mg ordering propecia overseas escitalopram 20mg lexapro propecia cheap buy cheap unprescribed clomid augmentin 1000 mg nedir lisinopril 40 mg overdose zithromax 1200 mg suspension buying cytotec online diabetes metformin 500mg buy viagra indianapolis propecia uk online viagra online atlantic dangers generic wellbviagra online genuineaugmentin 87combine 5mg cialicytotec pharmacy onlinnexium 20 mg tabletsorder propecia overnight lasix generico kamagra 25 mg zovirax 200mg bula buspar 10mg information viagra generic information augmentin 75 mg propranolol 10 mg dawkowanie zovirax 400 mg pregnancyprednisone 50 mg tclomid venda online cialis 20 mg chinabuy nolvadbuyfree buycialis butcytotec 50mefectos celerush cialis onlineiv lasix 500 mg <generic of amoxil<cialis buying tesclevitra generico 5 mg propranolol 80 mg anxietgeneric zithromax 800 mg viagra knockcialis xenical online review<clomid genecheap zolviagra onlinmany mg nolvadex <celebrex 200 mdiflucan 150 mg tabledosage propecia 1mg clomid 100mg headache doxycycline mgd strattera 10 mg reviews lexapro 90 mg nexium 40 mg wirkung levitra two 10mg levitra 10mg reviews online 20 mg cialis online cialis safe 40mg nolvadex viagra 4cpr 50mg clomid 50 mg tabletki viagra tablet 25mg generic xenical forum generic lexapro yet buy propecia edmonton trusty online viagra cialis 5 mg cheapest viagra online jakarta kamagra 150mg doses 10 mg lexapro withdraw generics24 kamagra kegunaan metformin 500 mg cialis generico 10 mg cialis 20mg retail medicamento generico celebrex levitra 20mg alberta 150 mg red viagra 150mg kamagra generic zithromax uk buy generic strattera propranolol 40 mg effects 12.5 mg zoloft buy liquid kamagra
Home MLB News MLB Club Sales From Alex Rodriguez to the MLBPA, Objections Fly in Texas Rangers Case

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 321 guests online

Atom RSS

From Alex Rodriguez to the MLBPA, Objections Fly in Texas Rangers Case PDF Print E-mail
User Rating: / 12
MLB Club Sales
Written by Maury Brown   
Thursday, 29 July 2010 14:55

Texas RangersHere come the objections in the Texas Rangers bankruptcy case to the current amended “pre-packaged plan”. With the filing deadline for objections fast approaching, a litany of interests are setting law firms into action.

Alex Rodriguez, who, being Alex Rodriguez and the largest unsecured creditor (see the list of the 30 largest unsecured creditors), filed his own objection to the plan seeking verbiage within the plan that guarantees he receives his $24,892,061.62 in deferred compensation. In doing so, A-Rod is, more or less, doing his own bit of “double lawyering” as the committee for all the unsecured creditors have filed objection to the plan based upon written guarentees. That would cover the likes of other Rangers players such as Kevin Millwood, Michael Young, Vicente Padilla, Mickey Tettleton, and Mark McLemore, but lalso businesses such as, Rawlings, New Era Caps, and hundreds more.

Judge Michael Lynn has ruled prior that based on the bankruptcy code the class of unsecured creditors are deemed to be “unimpaired”, so it is unclear how the judge would rule on the objections. However, it is possible thatother bidders at auction on Aug 4 outside of the group led by Chuck Greenberg and Nolan Ryan may not agree to pay the unsecured creditors, Lynn may now seek to have concrete verbiage added to the prepackaged plan that other bidders will mark up for consideration by the judge, should they win at auction.

While Alex Rodriguez may be grabbing the headlines due to star power, an objection by MLBPA may have more relevance. The union conditionally supports the sale, but is looking to protect the pay of players on the Rangers roster.The union for the players is objecting to plan, as well, citing the need to repay the Rangers players owed deferred compensation, but also guarantees that money in escrow to cover deferred compensation is covered in the future, citing the unitform player contract within the collective bargaining agreement. The section citied, with emphasis added reads:

In all instances of the sale, trade, exchange or other change or transfer in the ownership of a franchise, all obligations owed to present or former Players arising under a Uniform Player’s Contract shall be the obligation of the new ownership of such franchise.

The filing adds, “The Association wishes to see a prompt transfer of the Rangers’ baseball franchise to viable new ownership” adding that For the reasons expressed by Rangers President Nolan Ryan and Manager Ron Washington … an expeditious sale of the Rangers is essential for the reinvigoration of the franchise and the morale of the Club.”

Most important, the MLBPA argues that, “Approval of a transaction that does not comply with the Basic Agreement would violate the provisions of the Bankruptcy Code prohibiting a unilateral termination or modification of the terms and conditions of a labor agreement.”

While there has been numerous accounts of the league being able to have powers through its constitution that regardless of the highest bidder at auction, MLB has the right to approve ownership transfer of the franchises, the MLBPA also sees the right to have powers to approve ownership. The filing adds, “The Association also reserves its rights in the event multiple bidders participate in the auction and there is a dispute before this Court as to which bidder should be approved.”


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey, as well as a contributor to FanGraphs and Forbes SportsMoney. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

Follow Maury Brown on Twitter Twitter

Follow The Biz of Baseball on Twitter Twitter

FacebookFollow the Business of Sports Network on Facebook



Should MLB Force Jeffery Loria to Sell the Marlins?