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Tuesday, January 26, 2010

Rangers Sold, And I Totally Missed It

To a group headed by Chuck Greenberg, who checked out his new team's activities approvingly. (A fuller story on the sale itself came out on Sunday.) The hope is that the deal will be completed by April 5.

Earlier: Group Headed By Nolan Ryan To Bid For Rangers

Update: Jon Heyman says the purchase price was a staggering $750M. If that's true, what are the Yankees worth? $1.5 billion? Typo — that should be $570M, which seems a lot more reasonable.

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