Chuck Greenberg News
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The Los Angeles Dodgers’ new owners plan to spend $100 million or more to modernize the baseball club’s 50-year-old stadium after paying a record $2.15 billion for the team.
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Chuck Greenberg, former chief executive officer and co-owner of the Texas Rangers baseball team, may seek to purchase the bankrupt Dallas Stars of the National Hockey League, a lawyer said today in court.
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The Dallas Stars, the bankrupt National Hockey League team, won court permission to sell itself at an auction in which hotelier Tom Gaglardi may compete with lawyer Chuck Greenberg, a former co-owner of the Texas Rangers.
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Magic Johnson’s winning $2.3 billion offer for the Los Angeles Dodgers probably was fueled by what one sports economist called a “wild bidding process” that will unfold between Time Warner Cable Inc. and News Corp.’s Fox Sports for the Major League Baseball team’s broadcast rights.
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The Texas Rangers won court approval for a sale of the baseball team to Hall of Fame pitcher Nolan Ryan and others after a bidding war with Mark Cuban , owner of the Dallas Mavericks basketball team.
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One of the two bidders vying for the Texas Rangers unsuccessfully tried to stop an ongoing auction for the baseball team, which a lawyer for the group said had become “a mess.”
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Major League Baseball prohibited the Texas Rangers from pursuing a sale to Houston businessman Jim Crane , leaving the team “stuck” with a deal it didn’t like, according to e-mails from a team lawyer.
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The bankruptcy judge who presided over the reorganization of the Texas Rangers professional baseball club told one of the team’s eventual buyers during a conference in July 9 that he could no longer speak to the press as a lawyer, only as a businessman aiming to buy the franchise.
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The Texas Rangers bankruptcy judge reversed a decision to postpone consideration of the team’s proposed sale, agreeing to the original timeline after the buyer opposed the delay.
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Hall of Fame pitcher Nolan Ryan and the rest of the group that led the Texas Rangers from bankruptcy to the World Series are getting a quick payback.
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