Rangers sale approved by MLB

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08/12/2010 - New York, NY (Sportsbook Betting Lines) - Major League Baseball has approved the sale of the Texas Rangers from Tom Hicks to a group led by Chuck Greenberg and Nolan Ryan.

The lengthy process finally came to a close Thursday after the Greenberg-Ryan group prevailed in an auction last week to purchase the club out of bankruptcy.

Ryan and Greenberg outbid the tandem of Dallas Mavericks owner Mark Cuban and Houston businessman Jim Crane. The winning bid was $593 million, topping the Cuban-Crane reported offer of $581.2 million.

"I am very pleased that Chuck, Nolan and their impressive ownership group have been approved as the new leadership of the Texas Rangers franchise," said MLB commissioner Bud Selig. "Chuck and Nolan have demonstrated an unwavering commitment to the Rangers. Their passion for Major League Baseball as a whole and particularly the future of baseball in Texas is exemplary."

Greenberg, a Pittsburgh attorney, will serve as the new ownership's control person, while the legendary Ryan will remain as the club's president.

"I can't tell you how excited we are to complete our purchase of the Texas Rangers," commented Greenberg. "It's been a long journey, but well worth the wait. We believe that this franchise belongs to all of its fans, and we pledge to be passionate in all we do to bring you the very best on and off the field."

Ryan and Greenberg had reached an agreement on January 23 to purchase the team and the land around the Ballpark in Arlington for $575 million. The Rangers filed for bankruptcy in May, but the lenders who hold the debt on Hicks Sports Group ultimately objected to the sale with the belief that the team could fetch more money.

"In addition, I want to thank the Rangers' fans for their patience throughout this difficult process," Selig added. "I am confident that Chuck, Nolan and the entire ownership group will serve as dedicated stewards of this club by building a long-term, stable franchise which values its standing in the Dallas-Fort Worth communities. I am glad that the Rangers' great season on the field will get the attention it deserves during the pennant race."

The Rangers are 65-48 and lead the American League West by 7 1/2 games over the Angels.

"We can now turn our full attention to continuing what has been a great season on the field," said Ryan. "We thank the fans and the community for their tremendous loyalty and support and we look forward to the excitement as we head down the stretch and into October."

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The NFL preseason is approaching. Time for players, coaches and teams to turn over a new leaf. General managers have hired some new coaches, while coaches have added some offensive and defensive assistants to try and improve things. Here’s a look at some changes to look for in the preseason.

New York Jets: The Jets were one of the surprise teams in the NFL last season, making the playoffs under hard-driving first-year coach Eric Mangini. Mangini rebuilt the offensive line with rookies D'Brickashaw Ferguson (the No. 4 pick in the 2007 Draft) and Ohio State center (the 29th pick in the first round). This season he upgraded the defense with rookie linebacker David Harris (Michigan) while the secondary picked up a much needed top-notch corner in Pitt CB Darrelle Revis (No. 14 overall).

The Jets have added balance to the offense for QB Chad Pennington with RB Thomas Jones, essentially stolen from the Bears. He will upgrade a New York ground game that was 20th in rushing with a weak 3.5 yards per carry. They have their first true feature back since Curtis Martin. Offensive coordinator Brian Schottenheimer prefers ball control, like his father Marty. In preseason, behind Pennington you’ll see second-year QB Kellen Clemens and mobile newcomer QB Marques Tuiasosopo.

Jacksonville Jaguars: The heat is on Jack Del Rio in Jacksonville as the Jaguars flopped last season despite a ton of talent. Keep in mind that under Del Rio the Jaguars have been outstanding in preseason with a 12-4 SU, 11-5 ATS August mark. online football betting Their defense is loaded, it’s the offense that has been stuck in first gear the last few years.

Enter a new offensive coordinator in Dirk Koetter, the former Boise State and Arizona State pass-happy coach. He will try and upgrade a passing game that ranked 24th last season. Del Rio has criticized wide receivers and Matt Jones this summer, both of whom have battled injuries. It will be interesting to watch the “new” Jaguars passing game in preseason.

Arizona Cardinals: Word out of Arizona is that the players like new coach Ken Whisenhunt, who was the Steelers offensive coordinator last year. We think of Arizona as all-passing because their running game has been awful of late because of a poor offensive line. However, keep an eye on the running game in preseason as they’ve made a lot of changes.

The new coach brings in Russ Grimm to coach the offensive line (Grimm did a marvelous job building the Steelers line). They took Penn State OT Levi Jones in the first round and signed two offensive linemen, Mike Gandy and Al Johnson, to provide depth. Reggie Wells was moved from right tackle to left guard and they want more speed out of the offensive line for pulling and traps, a Pittsburgh staple under Bill Cowher.

Atlanta Falcons: While all the attention has been focused on QB Mike Vick’s off-field problems, new coach Bobby Petrino is revamping the Falcons from an all-running team to a more balanced one. Petrino likes the experience of backup QB Joey Harrington and he has veteran backup Chris Redman, who used to play for Petrino at Louisville and knows his offenses better than anyone. Petrino wants Vick to be more of a pocket passer.

The addition of FB Ovie Mughelli is a sign Petrino wants a power rushing attack behind a physical fullback and newcomer WR Joe Horn should upgrade what was a below average wideout corps. Petrino is changing their old zone-blocking scheme to a more traditional in-line blocking scheme and the offensive line is bigger. Rookie DE Jamaal Anderson was grabbed in the first round and the secondary got younger with former Auburn cornerback David Irons, who the Falcons think was a steal as a sixth-round pick.

Cleveland Browns: The 2007 Browns look like a double-edged sword. There was the excitement of the offseason, trading for RB Jamel Lewis, upgrading the offensive line with Wisconsin’s Joe Thomas (the No. 2 pick in the draft) and free agent LG Eric Steinbach, then trading for Notre Dame QB Brady Quinn when he fell to No. 22. GM Phil Savage and head coach Romeo Crennel feel they have a talented, balanced offense with these new pieces, plus TE >Kellen Winslow and WR Braylon Edwards.

However, were these moves made in desperation? And were they foolish ones? The Browns gave up their 2008 first-round pick for Quinn and we all know QBs take time to develop. And even first-round QBs can be busts (Joey Harrington, Akili Smith). We also don’t know if the offensive line is that much improved (31st in rushing in 2007) and they did nothing to improve a defense that was awful against the run (142 yds pg allowed).

The Browns have a new offensive coordinator in Rob Chudzinski. This is a young offense and Quinn looked tentative, indecisive and inaccurate early in camp. Crennel will play Charlie Frye, Quinn and Derek Anderson in preseason. And there is a mixed bag for rookie QBs receiving significant starts: Tim Couch (14), Kerry Collins (13), Ben Roethlisberger (13), Vince Young (13), Joey Harrington (12), Matt Leinart (11) and Kyle Boller (nine). While all the focus will be on the Browns new-look offense, I’m more concerned with the defense.

Carolina Panthers: Coach Jon Fox loves the ground game, but Carolina has made some interesting changes for 2007. Fox fired offensive coordinator Dan Henning and brings in Jeff Davidson to run the offense. Davidson has brought in zone-blocking schemes to the Panther offense, a dramatic change for a system that's been built around a power-running style.

In zone-blocking, offensive linemen are responsible for blocking any defender who appears in their zone, instead of focusing on one defender. The Broncos and Falcons have had success with the system, which features smaller, more athletic offensive linemen and can create running lanes on the inside and outside. Keep an eye in preseason on how Carolina adjusts as it will take time to learn the system. Fox has been one of the top coaches in preseason, with a 15-5 SU, 12-7-1 ATS August record.

Dallas Cowboys: WR Terrell Owens is still here, but QB Drew Bledsoe and Bill Parcells are gone. New head coach Wade Phillips takes over, replacing Parcells. He ran the Chargers defense last season. Phillips was chosen by teary-eyed owner Jerry Jones partly because he is one of the best 3-4 coaches in football and the Cowboys have loaded up on players for that scheme.

Remember that Phillips was blitz-happy with the Chargers last season and early reports out of the Dallas camp have mentioned how the Cowboys have been blitzing a lot, a departure from Parcells. The theme of the 2007 Dallas defense appears to be one of attack.

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