Friday, May 25, 2012
Texas Rangers sale a wake-up call to leagues
The Texas Rangers, Major League Baseball and fans are thrilled now that Nolan Ryan’s group owns the team. The contentious bankruptcy case is over, the nail-biter of an auction just another victory for the Hall of Fame pitcher. But the case may have been a wake-up call for owners and sports executives across the country because it made one thing clear: When a team files for bankruptcy, the…
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