I'm think I'm going to go bankrupt, seems to give you a lot of money.
http://www.mlbtraderumors.com/2010/0...medium=twitter
I'm think I'm going to go bankrupt, seems to give you a lot of money.
http://www.mlbtraderumors.com/2010/0...medium=twitter
Thank gawd he's out of the NL, I say. I get pretty sick of seeing him rake against our pitchers.Originally Posted by reds44
The other owners in the AL have to be seething. They're subsidizing the "bankrupt" Rangers who seem to have a limitless budget for acquiring new players.
"The players make the manager, it's never the other way." - Sparky Anderson
A decent contact guy, just not against us with his .215/.244/.369 line.
Is it possible to foreclose on a franchise?
My dad got to enjoy 3 Reds World Championships by the time he was my age. So far, I've only gotten to enjoy one. Step it up Redlegs!
Traded veterans rarely cost their new teams much in the way of money. Even in the Roy Oswalt trade the Astros more than covered his remaining 2010 salary
From what I heard on ESPN earlier in the season, the league told the owners that the Rangers would not be able to add any salary.
"The players make the manager, it's never the other way." - Sparky Anderson
Just an aside, folks. Filing for bankruptcy does not mean you don't have cash to work with. Often a line of credit is established as you go into bankruptcy and your debts are reorganized. It's still an operating company and they still have to put the product on the field day in and day out. I don't know the particulars of their present plans of reorganization, but again, businesses regularly carry on day to day business (which can include hiring new staff, if you will). Putting a winning club on the field can go a some way to mending your finances.
“In the same way that a baseball season never really begins, it never really ends either.” - Lonnie Wheeler, "Bleachers, A Summer in Wrigley Field"
The Baseball Emporium - Books & Things.
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It's often said that 'the year picks you' and the Rangers have, obviously, decided that 2010 picked them. They are doing everything possible to win now, rather than later. It's a philosophy that I hope and believe that the Reds have also bought into.
I think Walt believes that the Reds can both win this year and build for the future. It's a tough highwire to walk but Walt pretty much was successful with the same walk when he was in St. Louis and I have a lot of trust in him.
Rem
I'm pretty sure everyone understands bankruptcy. The issue is that they're not supposed to have money because it's now Major League Baseball that is covering their payroll, and it's kind of shady that they're out trying to acquire anyone and everyone on the market at the expense of other owners.
"No matter how good you are, you're going to lose one-third of your games. No matter how bad you are you're going to win one-third of your games. It's the other third that makes the difference." ~Tommy Lasorda
I believe they started the year with a certain payroll budget, and they've been under budget up until now. Would you rather they just cash in all their highly-paid players and be an automatic win for all their opponents?
No, I just believe their payroll should be frozen. If they can acquire players without adding any salary, fine. But I don't believe they should be allowed to add additional salary when other teams are springing for it. It's unfortunate for their fans, but I believe that's how it should be.
"No matter how good you are, you're going to lose one-third of your games. No matter how bad you are you're going to win one-third of your games. It's the other third that makes the difference." ~Tommy Lasorda
The best way to get the Rangers financially healthy again is to have them make the playoffs.
[Phil ] Castellini celebrated the team's farm system and noted the team had promising prospects who would one day be great Reds -- and then joke then they'd be ex-Reds, saying "of course we're going to lose them". #SellTheTeamBob
Nov. 13, 2007: One of the greatest days in Reds history: John Allen gets the boot!
Have you seen the debt they're in? They could make the playoffs the next five seasons and they would not be able to pay off that enormous debt. Seriously, we're way beyond getting them financially healthy under the current situation.
"No matter how good you are, you're going to lose one-third of your games. No matter how bad you are you're going to win one-third of your games. It's the other third that makes the difference." ~Tommy Lasorda
The Rangers defense on the right side of the infield keeps getting worse.
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