It’s bad news for Bengie though. He had a lot better chance at a new contract if the new owner knew nothing about baseball. With Nolan Ryan in there, the only GM interested in him next year will be Brian Sabean. I guess it’s bad news for us too!

I wish Cuban had won.

That figure does not account for debt owed to creditors, so the team actually costs about $200MM more.

This is not necessarily true. The whole point of going through bankruptcy is in gettng relief from your unsecured creditors. Unless the bankruptcy judge expressly ordered that the new owners had to pay off the $200M in debt, they are under no obligation honor the debt. From what I had read previously, the new owners had pledged to pay off all of the old debt, but that’s just a good-faith promose there’s no force of law behind it.

Funnily enough, from what I remember, many of the biggest unsecured credtiors were former players still owed deferred salaries – ARod, Kevin Millwood, Vicente Padilla, Mickey Tettleton (!), and Mark McLemore, As you see, the former owner, Tom Hicks , loved to sign players to contracts with money he couldn’t afford – ARod hasn’t played for the Rangers in 7 years, and Tettleton and McLemore last played for them in the 90s.

He is one of the few who uses advanced statistics in basketball, and with more metrics in baseball, you can bet he would have been using more of that. Also, he would have challenged the Yankee’s and the Red Sox for highest spending teams.