Home MLB News MLB Club Sales Texas Rangers Auction Update: Greenberg/Ryan Bids $320M, Only to Have Cuban Bump to $335M in Cash

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Texas Rangers Auction Update: Greenberg/Ryan Bids $320M, Only to Have Cuban Bump to $335M in Cash PDF Print E-mail
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MLB Club Sales
Written by Maury Brown   
Wednesday, 04 August 2010 17:44

Texas RangersA true auction is on!

The Greenberg/Ryan group has just entered the courtroom, and have bidded the $2 million incremental bid about the opening "highest bid" cash offer of $318 million by Jim Crane and Mark Cuban to $320 million. But, almost immediately, the Crane/Cuban group fired off a "topping bid" of $335 million, $15 million in cash more than the Greenberg/Ryan offer that was submitted minutes prior.

Look for more news as it becomes available.

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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.

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