A dispute over control of parking lots at Rangers Ballpark in Arlington has landed the current and former owners of the Texas Rangers in court, with the team alleging Tom Hicks is poised to gouge fans attending games. UPDATED When Rangers Baseball Express bought the Texas Rangers from Tom Hicks, they also entered into […]
Tag Archives | hicks sports group
Greenberg, Ryan land Rangers — will ballpark changes be in the offing?
The U.S. Bankruptcy Court overseeing the sale of the Texas Rangers by Hicks Sports Group ended up almost exactly where it began: with Chuck Greenberg and Nolan Ryan controlling the team, the winners of a bidding process forced by Tom Hicks’ creditors. We’re not going to get into the specifics here — they ended up […]
Creditors raise more objections to Rangers sale; judge to hear new arguments today
U.S. Bankruptcy Judge D. Michael Lynn heard more objections from creditors regarding the sale of the Texas Rangers to Chuck Greenberg and Nolan Ryan; meanwhile, potential bidders seek more time to arrange financing. The courtroom drama regarding the sale of the Texas Rangers continues, as U.S. Bankruptcy Judge D. Michael Lynn heard more objections from […]
Another lawsuit complicates Rangers sale, auction
The bankruptcy involving Tom Hicks and the Texas Rangers is getting more complication, as J.P. Morgan Chase filed suit late Friday, alleging that Hicks improperly transferred the lease to Rangers Ballpark in Arlington from a collateralized status to the team, limiting the amount the bank could recover in a bankruptcy action. The bankruptcy involving Tom […]