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Texas Rangers File For Bankruptcy, Alex Rodriguez To Lose $25MM In Deferred Comp As Largest Unsecured Creditor

Tyler Durden's picture




 

The long expected bankruptcy of the Texas Rangers is now a fact as case #10-43400 in Northern District of Texas. The company has listed $100-500MM in assets, and the same amount in liabilities, on 5000-10,000 creditors, of which the largest unsecured one is none other than Alex Rodriguez, who is owed $24.9 million in deferred comp and will likely see at best pennies on the dollar of this GUC. The only beneficiary in this most recent collapse of an American symbol: Dubya, who made about a 1,000% IRR on his investment in and out of the Rangers in the 90s. Tom Hicks, not so much.

 

 

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Mon, 05/24/2010 - 12:05 | 370162 jkruffin
jkruffin's picture

New Jersey Nets and Florida Marlins soon.

Mon, 05/24/2010 - 12:11 | 370183 cossack55
cossack55's picture

Don't forget the Indiana Pacers, please.

Mon, 04/04/2011 - 03:17 | 1131535 jessiejune
jessiejune's picture

maybe we should do someone who could be the idole for himself or herself...we should not do just like someone else just be yourself,like a tree.without rely and hopeness Flour Mill For Sale

Mon, 04/04/2011 - 03:20 | 1131536 jessiejune
jessiejune's picture

maybe we should do someone who could be the idole for himself or herself...we should not do just like someone else just be yourself,like a tree.without rely and hopeness Flour Mill For Sale

Mon, 05/24/2010 - 13:17 | 370390 whatsinaname
whatsinaname's picture

The only beneficiary in this most recent collapse of an American symbol - dont know about the symbol part. Sports franchisees have been big beneficaries of this artificial 25 year boom too and will get trampled as the unravelling continues relentlessly.

Mon, 05/24/2010 - 19:48 | 371164 Moneygrove
Moneygrove's picture

One more mess by G.W. !!!!!!!!!!!!!!

Mon, 05/24/2010 - 12:06 | 370165 Caviar Emptor
Caviar Emptor's picture

Tyler, the muck is getting thicker!

Mon, 05/24/2010 - 12:09 | 370175 sheeple
sheeple's picture

Whoa, A-rod's going to have trouble paying rent and maintaining his maserati collections

 

Poor guy

Mon, 05/24/2010 - 12:09 | 370177 The Rogue Trader
The Rogue Trader's picture

Prelude to municipal BK's....as they cannot pay their "A Rod's" in the form of outrageous public employee pensions....

Mon, 05/24/2010 - 12:11 | 370182 tmosley
tmosley's picture

For a second there I thought you were talking about the law enforcement organization.

Now I'm disappointed.

Mon, 05/24/2010 - 12:27 | 370243 ZackAttack
ZackAttack's picture

If that were the case, Chuck Norris would just roundhouse kick Bernanke until he bailed them out.

Mon, 05/24/2010 - 13:54 | 370490 rmsnickers
rmsnickers's picture

False; one kick from Chuck Norris results in immediate death.

Mon, 05/24/2010 - 14:54 | 370630 Chupacabra
Chupacabra's picture

Little known fact:  When Chuck Norris does push-ups, he isn't pushing himself up . . . he's pushing the earth down.

Mon, 05/24/2010 - 13:26 | 370411 M4570D0N
M4570D0N's picture

haha, same here. Last year, a family friend was named chief of the TX Rangers, becoming becoming the youngest chief in Ranger history. Good thing for him it's the other Texas Rangers. I doubt he could take on Chuck.

Mon, 05/24/2010 - 12:15 | 370201 Apostate
Apostate's picture

Wow.

Most sports teams are in dire fiscal straits these days.

First the circuses go away, then the bread?

Mon, 05/24/2010 - 13:09 | 370360 Hulk
Hulk's picture

NBA received 100 million in tarp funds...if memory serves me. 

Mon, 05/24/2010 - 14:55 | 370631 Chupacabra
Chupacabra's picture

Please tell me you're kidding

Mon, 05/24/2010 - 16:30 | 370842 Hulk
Mon, 05/24/2010 - 12:15 | 370202 homersimpson
homersimpson's picture

He wouldn't be getting this huge contract if he didn't take steroids during this era. Boo-hoo to him, I guess. Call it Karma.

Mon, 05/24/2010 - 12:15 | 370203 koaj
koaj's picture

kevin millwood - 12m?!?!?

 

vincente padilla 4m? he's fantasy add/drop trash

Mon, 05/24/2010 - 12:16 | 370204 John McCloy
John McCloy's picture

  Ben always wanted to own a baseball team.

Mon, 05/24/2010 - 14:16 | 370539 seventree
seventree's picture

The taxpayers will own the team, good news is we can put them up in Red Roof Inns.

Mon, 05/24/2010 - 15:59 | 370748 RichardENixon
RichardENixon's picture

Don't forget a fleet of GM vehicles.

Mon, 05/24/2010 - 19:49 | 371167 Moneygrove
Moneygrove's picture

just like is boss G.W !!!!!!!!!!!!!!!!

Mon, 05/24/2010 - 12:16 | 370205 Internet Tough Guy
Internet Tough Guy's picture

Swing, battah.

Mon, 05/24/2010 - 12:18 | 370210 Caviar Emptor
Caviar Emptor's picture

IMO Baseball has been dancing on the edge of the cliff. Raising ticket prices and pay packages into hard times. As a lifelong fan, baseball lost the hearts and minds of fans since the '90s with strikes and steroids. Guys like Clemens and McGwire exemplified the badness. If they go to the hall of fame, all cheaters including Pete Rose should too

Mon, 05/24/2010 - 12:21 | 370226 Internet Tough Guy
Internet Tough Guy's picture

Charlie Hustle never cheated, never took roids. He just placed a few bets. There wouldn't even be pro sports without gambling; free Pete Rose.

Mon, 05/24/2010 - 12:36 | 370269 Agent P
Agent P's picture

I agree with you 100%. 

Disclaimer: My childhood baseball card collection sitting in boxes in my closet is about 80% Pete Rose cards.  I also have some Dwight Gooden, Darryl Strawberry, Kirby Puckett, Bo Jackson, etc, etc.  Basically, if you want to ruin a ballplayer's career, just send me his card and I'll hold it in my collection...now I make investment decisions for a living...pretty scary!

Mon, 05/24/2010 - 16:01 | 370750 RichardENixon
RichardENixon's picture

What about Horace Clarke and Jerry Lumpe?

Mon, 05/24/2010 - 20:36 | 371214 weinerdog43
weinerdog43's picture

If we're even considering Pete Rose, Shoeless Joe should get in 1st.

Mon, 05/24/2010 - 12:31 | 370250 ZackAttack
ZackAttack's picture

Absolutely right about that... if you had to point to a single critical event, it might've been the '94 strike that tipped it over.

Now, every modern record is in question. You should really just asterisk anything post-1980. Also, the game's pace is just wrong for the modern era, and it's not clear it can be 'fixed.'

Mon, 05/24/2010 - 12:44 | 370288 mjv
mjv's picture

It is amazing that MLB kept things together enough during two world wars to keep playing, but the epic greed and distrust on both sides in the mid-1990's was enough to skip a world series.

I was a huge baseball fan (and I'm still a fan to a certain extent), but that strike and the steroid scandal have really impacted my interest in baseball and pro sports.

Mon, 05/24/2010 - 12:49 | 370300 Chartist
Chartist's picture

Baseball lost me way before the 1990s....I haven't been a fan of baseball since the days of the Big Red Machine.

Mon, 05/24/2010 - 13:12 | 370367 Hulk
Hulk's picture

If sports in this country goes bankrupt, then there will be real trouble! Guys dressed in barrels with Ak's roaming the streets! Only on sunday's though...

Mon, 05/24/2010 - 16:50 | 370898 ColonelCooper
ColonelCooper's picture

My only thought is that now that this is starting to effect sports, it may resonate with some of the sheeple.  If only Dancing with the Stars could go belly up, then we'd have somebody pissed off. 

AP- American Idols declares Bankruptcy.  Ryan Seacrest left Holding the Bag for 10 Million.  Paula Abdul's Stock Options worth Bubkus.  Rioting Ensues Nationwide!!!

Mon, 05/24/2010 - 17:05 | 370922 Hulk
Hulk's picture

and there goes Paulas's fun drugs...

Mon, 05/24/2010 - 12:23 | 370228 lizzy36
lizzy36's picture

a-rod = epicdouche.

Mon, 05/24/2010 - 12:26 | 370241 Ludic Fallacy
Ludic Fallacy's picture

New Jersey Nets and Florida Marlins soon.

Actually, more like Liverpool soon.  The Hicks group has saddled that club with so much debt, the fans are regularly demonstrating.  It's fun to watch as a Man Utd fan. 

Mon, 05/24/2010 - 12:57 | 370324 M.B. Drapier
M.B. Drapier's picture

Those who live in, er, glass houses...

Mon, 05/24/2010 - 12:31 | 370249 Prison Justice
Prison Justice's picture

Looks like a perfect time for the Fed to bailout A-Rod.  Makes sense, doesn't it?

Mon, 05/24/2010 - 12:33 | 370255 Captain Willard
Captain Willard's picture

Does this mean that A-Rod gets to chair the creditors' committee?

Mon, 05/24/2010 - 14:56 | 370637 Chupacabra
Chupacabra's picture

That would be awesome

Mon, 05/24/2010 - 12:38 | 370274 mjv
mjv's picture

Can the Rangers be renamed the Tulips?  I guess that Dubya played Hicks as the greater fool in this case.

Mon, 05/24/2010 - 13:14 | 370375 Hulk
Hulk's picture

The Texas Tulips? You sir or madam, are un Amerikan...please exit the country immediately..

Mon, 05/24/2010 - 16:06 | 370763 aerojet
aerojet's picture

Dubya never appeared to me to be that bright of a guy or that savvy a businessman, so you do the math on how he managed to get in and then out of the Rangers with the maximum profit.  That doesn't happen by accident, you have to not only know events are going to take place, but also when.

Mon, 05/24/2010 - 12:43 | 370286 trillion_dollar...
trillion_dollar_deficit's picture

Surprised Selig didn't step in here since there's a precedent for doing so with the Diamondbacks a few years back and to a much greater extent the Expos.

Mon, 05/24/2010 - 12:45 | 370293 Mae Kadoodie
Mae Kadoodie's picture

A-Rod=Too Big to Fail

(that's what she said)

Mon, 05/24/2010 - 12:46 | 370295 HEHEHE
HEHEHE's picture

Does Cameron Diaz know about this?

Mon, 05/24/2010 - 12:47 | 370298 doomandbloom
doomandbloom's picture

guess MTV Cribs will not be going to his home then?

Mon, 05/24/2010 - 12:48 | 370299 thesapein
thesapein's picture

Finally, some good news.

Remembering that Dewitt (Cardinals) helped Bush buy the Rangers, once upon a time.

Mon, 05/24/2010 - 17:39 | 370977 AllSingingAllDa...
AllSingingAllDancingCrapof theworld's picture

So a venture George Bush used his diddy's connections to finagle his way into the top management spot is now bankrupt.

Hmmm...Is there any other organization where George W. Bush was installed by his parents in the top political organization that is also about to go bankrupt?

Anyone? Anyone? Beuller?

Mon, 05/24/2010 - 12:53 | 370310 UGrev
UGrev's picture

ZERO sympathy for these greedy f**ks. It's a sport.. a freaking GAME... and they get paid X-Million dollars to play it? I have refused and will continue to refuse to watch and/or contribute to any mainstream sports enterprises. These people need to understand that their talent, while exceptional, is not 5 million dollars/yr exceptional. Shit.. some of our BEST scientists don't make that much and, IMO, they contribute FAR more to humanity than sports entertainers. Yes, entertainment is good for morale, but what good is it if it's priced out of the average family's reach?   I can't take my wife and kids to the movies for f**cks sake because it costs about $50.00 just for the effin tickets! never-mind the treats and soda. It's gotten to the point that it just makes me sick and it needs to effin stop, right effin now! everything is overpriced.. to the moon. 

Mon, 05/24/2010 - 13:46 | 370472 ElvisDog
ElvisDog's picture

Some of our best scientists??? As a scientist myself, I can tell you that none of our best scientists make even 1/10 of $5 mil a year unless they are doing something on the side.

Mon, 05/24/2010 - 14:58 | 370643 Chupacabra
Chupacabra's picture

Do what I do:  Boycott the pro leagues.  Don't go to the games, don't buy the apparel, don't watch on TV, and let others know why because maybe they'll jump on board, too.  Fat lot of good it will do, though.  We worship our sports idols ya know.

Mon, 05/24/2010 - 15:40 | 370719 nedwardkelly
nedwardkelly's picture

These people need to understand that their talent, while exceptional, is not 5 million dollars/yr exceptional.

Sort of like Blankfein?

Mon, 05/24/2010 - 16:07 | 370765 aerojet
aerojet's picture

Wait, where are scientists making miliions?  I haven't seen that many making six figs...

Mon, 05/24/2010 - 12:55 | 370317 fsudirectory
fsudirectory's picture

Seems to be the trend with Dubya and Co.

Get in at the right time, exit when things are shaky and leave before the shit hits the fan.

Mon, 05/24/2010 - 13:58 | 370499 Glenjo
Glenjo's picture

You continue to misunderestimate W.

 

W throws the shit at the fan as he leaves.

Mon, 05/24/2010 - 14:34 | 370596 Yippie21
Yippie21's picture

Your BDS is showing.  Why hate on him for formerly being a minority owner of the TX Rangers?  WTF?  He puts up 1% but is made the managing partner... that's what his connections got him I guess.  But they did well.  Built a new stadium and improved the team.  Then dickhead Hicks shows up and buys the team ( for wayyyyy too much money ).  That's something to dig on Hicks about, not Bush.

 

Hicks then proceeds to drive the team into the ground, making back financial decisions, ( A-Rod ) and others... buying other sports franchises and ruining them too.  He is a financial hack.  All the promised development that was to go along with the stadium never happened.  Hicks always found an excuse.  I can't think of a decent thing to say about this hack owner and some of you guys want to hate on Bush?

 

So Bush was a very-minority owner, but managing partner of the team and along with the others, made out very well on the sale.  Had they not built the stadium and improved the team it wouldn't have happened.  Plus, this was before the .com bubble burst and EVERYTHING was inflated.  

Yes,  I live in Arlington, TX .  

Mon, 05/24/2010 - 16:10 | 370774 aerojet
aerojet's picture

How much government interconnectedness did they need to get the stadium built?  Who paid for the stadium?

Mon, 05/24/2010 - 16:27 | 370833 Yippie21
Yippie21's picture

We paid for it.  Raised sales taxes.  Made the same deal for Jerry.  We've done much better on that, but so far, the city has benefited greatly since the Cowboys built next door to the ballpark.  Now if we can get rid of Hicks and his troubles, the new ownership can start to do the work around the ballpark that Hicks refused to come through with for 12 years.  I'll say this, I'd rather pay higher (slightly) sales taxes for a couple of major league parks than higher still taxes none.  Most of all of the surrounding suburbs and cities have sales taxes HIGHER than Arlington.  Of course, a lot of them are nicer and cleaner and don't have as much or any sec 8 housing, but don't get me started...

Mon, 05/24/2010 - 12:55 | 370318 Lndmvr
Lndmvr's picture

Was in St. Pete, FL when they rammed the domed (doomed) covered stadium. Political bullshit. Was a giant yard sale place for awhile. I don't know if it's still open or not but i figure they'll all end up closed for business.

Mon, 05/24/2010 - 12:57 | 370321 djrichard
djrichard's picture

Dubya will of course blame the subsequent administrators for failing to keep his "surge" of success alive.

I can't wait to see how our other "surge" investments work out:

- US "surge" in Iraq

- US "surge" in stimulus spending

All it does is give them the cover of "Well, we tried; we had your best interests at heart, and who can blame us for that?"

Mon, 05/24/2010 - 12:59 | 370328 chet
chet's picture

Most pro sports have over-expanded and gotten way too expensive.  How long do they expect fans in smaller markets to pay $50-$100 bucks a seat to see teams that haven't won in decades?

I love my home basketball team, but I won't pay $35 apiece for cheap seats to watch them play some terrible team.  The supposed next generation of fans won't even have any memories of seeing live games.  Lame.

Mon, 05/24/2010 - 13:00 | 370332 Augustus
Augustus's picture

TD,

Please explain how President Bush benefitted from this bankruptcy?  He's not had an interest in the team for over 10 years. 

Maybe you also believe he benefitted from the bankruptcy of GM and Chrysler even though he did not own any of those companies?  I'd like to be able to benefit from a situation like that.  Please explain the method.  New York traders are so darned far ahead of the rest of us.

UGrev, depending upon where you live you may still be paying the players even if not attending the games.  Special sales taxes are used in lots of place to pay for the stadiums that are necessary to keep them happy.   Buy a pack of gum and pay a ballplayer.

Mon, 05/24/2010 - 13:06 | 370351 UGrev
UGrev's picture

That's a good point, but where I have a choice, I've chosen not to and where I can avoid that kind of hidden tax, I do. For example.. no baseball cards, no gum, no sports drinks.. if there is an endorsement on a food product, I put it back on the shelf. If I miss one, it won't be because I wasn't looking. Eff'em to hell. 

Mon, 05/24/2010 - 13:15 | 370379 Deflationburger...
Deflationburger with Fleas's picture

He made 1000% when he sold the team to Hicks.  So he got out at a huge profit.

Mon, 05/24/2010 - 13:51 | 370484 contrabandista13
contrabandista13's picture

It's not that Dubya benefitted, that really doesn't matter, it's that Dubya is a douche-bag....  And anything that is related to him is douchy by association......

 

Ciao,

 

Econolicious

Mon, 05/24/2010 - 14:25 | 370570 Augustus
Augustus's picture

Are you one of the Hamas or Hezzbollah head choppers he was chasing?  Life on the run is probably pretty difficult for you.  Get a goat when you can.  Douche won't bother that.

Mon, 05/24/2010 - 14:38 | 370602 Yippie21
Yippie21's picture

So Texas is douchy?   Feel free to stay the hell away from Texas.  

Mon, 05/24/2010 - 15:15 | 370680 BumpSkool
BumpSkool's picture

I thought Texas was leaving the Union. Umm, can we get you guys a cab or anything... need help with you bags...?

Mon, 05/24/2010 - 15:19 | 370687 Yippie21
Yippie21's picture

Thanks for the offer!  We will as soon as we can.  We're working on a group to go with us.. Oklahoma, Louisiana of course, New Mexico, .. maybe more.  

Mon, 05/24/2010 - 16:03 | 370754 BumpSkool
BumpSkool's picture

Excellent... hillbillies and Lesbians... all aboard!!! (...and good riddance) ... please take Arizona with you too... We'll kick in Sarah Palin for free, just to up the intellectual content of your contingent. 

 

Mon, 05/24/2010 - 16:04 | 370759 RichardENixon
RichardENixon's picture

Where are you from, Bump? What state produced a person of your obvious towering intellect?

Mon, 05/24/2010 - 16:33 | 370854 Yippie21
Yippie21's picture

Arizona would be more than welcome.  You obviously don't live anywhere near Mexico so you can act so above the issue.  You can give Texas and Arizona crap when you go visit within 50 miles of the border and see just how surreal it is.  It's a crime that everyone wants to pretend isn't going on... and all these infested areas are heavily democratic voting... ..hmmm  almost by design.  Lots of money to be made by ignoring the situation by some.  Borders be damned... as long as you don't live near one...

Mon, 05/24/2010 - 17:35 | 370965 Slewburger
Slewburger's picture

Either ignorant or genius the jobs are gone/leaving and the containers from overseas are filling up the Houston ship channel faster than they can build up the Trans Texas Corridor.

 

Mon, 05/24/2010 - 16:03 | 370756 RichardENixon
RichardENixon's picture

Oh please, not Louisiana. I'm hoping to get the hell out of here and go to Texas.

Mon, 05/24/2010 - 16:24 | 370824 BumpSkool
BumpSkool's picture

Whassa matter Archie... not too happy in Nola?

Mon, 05/24/2010 - 16:30 | 370841 Yippie21
Yippie21's picture

We were laughing about this at work the other day....  got to take Louisiana for food! ha!  Hell, 3/4ths of New Orleans lives in Houston now anyway.  

Mon, 05/24/2010 - 16:40 | 370875 RichardENixon
RichardENixon's picture

What's there not to like, Bump? Walked out my door this morning and was met with the sweet smell of light crude oil and knew that it was gonna be another glorious day in paradise.

Mon, 05/24/2010 - 16:45 | 370887 BumpSkool
BumpSkool's picture

Well, then you love Texas... crude leaking everywhere... and you can visit Cushing Ok., on vacation. Texas coast should be well lubed soon, so you'll feel right at home.

Mon, 05/24/2010 - 16:55 | 370906 RichardENixon
RichardENixon's picture

Thanks, Bump, always nice to have something to look forward to.

Mon, 05/24/2010 - 13:16 | 370381 carbonmutant
carbonmutant's picture

Get ready for lockouts.

Mon, 05/24/2010 - 13:19 | 370393 Fraud-Esq
Fraud-Esq's picture

WTF?!

This is a bankruptcy sale filing....creditors will be PAID IN FULL.

 

Mon, 05/24/2010 - 13:31 | 370424 Fraud-Esq
Fraud-Esq's picture

This is how your screw Andrew Herenstein and pay everyone else.

He thought he could fuck with baseball.

Ha

 

Mon, 05/24/2010 - 13:37 | 370444 Fraud-Esq
Fraud-Esq's picture

TD, 

I'd re-write this article. A-Rod's not getting screwed. This is a baseball approved, Bud Selig, bankruptcy filing to shed another problem (a lenders gripe). Nolan Ryan's group and the MLB is not screwing baseball players over.  

WILL NOT HAPPEN. The MLB wouldn't let it. EVER. 

100 cents on the dollar

Baseball is immune from all things. Baseball is bigger than banks.  

 

Mon, 05/24/2010 - 13:37 | 370447 crosey
crosey's picture

I much prefer minor league games...much more fun and affordable.  But they may also pay the price within the supply correction.

Mon, 05/24/2010 - 13:38 | 370450 Fix It Again Timmy
Fix It Again Timmy's picture

A-Rod qualifies for Tier 10 Food Stamps - filet mignon, lobster, truffles, Perrier-Jouet Champagne, etc.

Mon, 05/24/2010 - 13:41 | 370457 contrabandista13
contrabandista13's picture

Madona is going to drop him like a toilet seat.....

Mon, 05/24/2010 - 13:43 | 370464 Jim_Rockford
Jim_Rockford's picture

From the Ranger's Website:

The plan, which is supported by current Rangers ownership, the Greenberg-Ryan group and Major League Baseball, provides sufficient sale proceeds for the Rangers creditors to recover 100 percent of the portion of HSG Sports Group's debt that is guaranteed by the Rangers, and for all Rangers creditors to be paid in full.

The Rangers baseball club, according to lending agreements, is responsible for $75 million of the Hicks Sports Group debt that is held by lending institutions.

That will be paid immediately, which will allow the liens to be removed from the ballclub and allow the sale to go through. Other obligations owed by the club, including deferred salaries to players no longer with the team, also will be guaranteed through the proceeds of the sale.

All remaining cash from the sale -- approximately $280 million -- will go to Hicks Sports Group, and 100 percent of that will be paid to the lending institutions. It remains to be seen if the lending institutions will be satisfied with that amount or if there will be continued disputes.

The total amount of debt is $525 million. But the bankruptcy filing is intended to remove the team from the process and allow the sale to be completed.

The Rangers have one of the lowest payrolls in the MLB I think.

Mon, 05/24/2010 - 14:14 | 370537 Strider52
Strider52's picture

I watch baseball to fall asleep. I watch Golf to go into a coma. I would rather die in your general direction than go to a movie.

  Give me a dog & a trail anyday. Bike rides are free too..

Mon, 05/24/2010 - 16:13 | 370784 aerojet
aerojet's picture

But bikes aren't.  Unless you stole one...

Mon, 05/24/2010 - 14:16 | 370540 Jack Ryan
Jack Ryan's picture

I love that steroids came up here.  The steriod era is a joke.  Amphetamines (uppers) and anything that might give players an 'edge' are as old as the game itself.  The real (and only) question is was the game ever 'clean'.  I suspect not, and therefore put the Black Sox, Shoeless Joe, Pete Rose, Mark Maguire and Sammy Sosa all in.  Get over the white washed history.  BTW, Bill "Spaceman" Lee should be in for being able to perform on performance diminishing substances that he used to sprinkle on his pancakes. 

Mon, 05/24/2010 - 14:34 | 370594 Hulk
Hulk's picture

The danger of anabolics is way overdone too. Alzado dies from a brain tumor and it all gets blamed on steroids.Bullshit. Roid rage is a myth too, only about 11 percent get it. Steroids is a part of the game, congress get over it and focus on whats important for christs sake..

Mon, 05/24/2010 - 16:44 | 370885 RichardENixon
RichardENixon's picture

I remember fondly when the players were all hung over from last night's drunken parties and hopped up on amphetamines.

Mon, 05/24/2010 - 18:34 | 371061 BumpSkool
Mon, 05/24/2010 - 14:45 | 370615 Problem Is
Problem Is's picture

"Alex Rodriguez, who is owed $24.9 million in deferred comp and will likely see at best pennies on the dollar.."

Since A-hole-rod gave pennies on the dollar in baseball performance on the field... the payout looks equitable to me...

"Dubya, who made about a 1,000% IRR on his investment..."

If there was an illiterate chimp in the woodpile... you know the thing was going bankrupt.

The child that was left behind has that sort of Arbusto management skill...

Mon, 05/24/2010 - 14:51 | 370623 Slewburger
Slewburger's picture

Anarchy burger.

If you think your free , try walking into a deli and urinating on the cheese.

 

Mon, 05/24/2010 - 15:01 | 370649 Chupacabra
Chupacabra's picture

A Vandals reference on ZH.  Now I've seen everything!

Mon, 05/24/2010 - 15:49 | 370734 Internet Tough Guy
Internet Tough Guy's picture

Yeah, imagine.

Mon, 05/24/2010 - 16:18 | 370808 aerojet
aerojet's picture

That has to be one of the strangest comments I have ever read on ZH.  Is it a quote from someplace? 

Being free has nothing to do with what happens when you breach property rights or societal conventions.

Mon, 05/24/2010 - 16:20 | 370815 Internet Tough Guy
Internet Tough Guy's picture

It's from the song Anarchy Burger (hold the government) by the vandals. Note my avatar.

Mon, 05/24/2010 - 15:23 | 370693 longjohnshorts
longjohnshorts's picture

Hicks = douche bag raised to the power of infinity.

He took his early luck for smarts, then proceeded to demonstrate how wrong he was.

Mon, 05/24/2010 - 16:34 | 370859 Yippie21
Yippie21's picture

+1000    welll said

Mon, 05/24/2010 - 16:26 | 370828 master_of_puppets
master_of_puppets's picture

A-rod and his big pile of money can suck My-rod. i f**king hate pro athletes and their absurd salaries. pro sports stopped being fun a long time ago as salaries got f**k-all stupid. folks, stop watching these stupid spoiled brats...let's destroy the monster we've made.

Mon, 05/24/2010 - 17:46 | 370986 longjohnshorts
longjohnshorts's picture

You're just jealous because pupper masters aren't paid as well.

Tue, 05/25/2010 - 07:31 | 371525 fallst
fallst's picture

Two Words. Bud Selig. Allowed steroids to enable Softball Style. Didn't add a short fielder, though. Was allowed, to pump out new throwback ballparks. Not far behind is: Kansas City, Cleveland, Milwaukee. Then he did the stupid interleague play (only works in football), and division-weighted schedule, and stupid All-Star Game winner gets home field advantage in WS. All dumb decisions. Yanks/Sawx rivalry watered down into 19-20 meetings/year.

Wed, 05/25/2011 - 17:19 | 1310437 sun1
sun1's picture

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Fri, 06/17/2011 - 20:18 | 1379171 sun
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Fri, 06/17/2011 - 20:20 | 1379181 sun
sun's picture

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Sun, 06/26/2011 - 10:21 | 1402739 sun
sun's picture

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sun's picture

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sun's picture

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Sun, 06/26/2011 - 10:27 | 1402767 sun
sun's picture

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Wed, 07/27/2011 - 05:55 | 1497054 cindycheng
cindycheng's picture

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