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In what may be the best story of the year for baseball purists and people who hate Mark Cuban, Nolan Ryan is now the owner of the Texas Rangers. After a long, arduous and embarrassing process, the ownership team of Pittsburgh attorney Chuck Greenberg and the Hall-of-Famer Ryan outbid Cuban and his partner Jim Crane to secure ownership of the Rangers after former owner Tom Hicks famously sank the team into bankruptcy. Hicks has been living in exile since he did, in fact, mess with Texas.
Initially, creditors had asked the court to hold off on yesterday’s auction, because they believed that Ryan’s team was being unfairly favored over other potential bidders. That’s when Cuban stepped in and gained MLB approval to bid. The auction lasted into the early hours this morning, when Cuban finally surrendered to a $385 million cash bid. Despite alleged bickering throughout the auction, Cuban shook Ryan’s hand and ended the auction. Of course, he probably had a booger on his palm.
Tell us where and when the stars are big and bright, USA Today:
13 years ago. Rating: 0 | |