NYT – The Major League Baseball Commissioner Bud Selig and a group of creditors led by hedge fund Monarch Alternative Capital are reportedly playing a game of hardball over the hamstrung sale of the Texas Rangers.
According to the Sports Business Journal, Mr. Selig has threatened to invoke the “best interests of the game” clause in his charter that would allow him to effectively seize control of the team if the creditors don’t approve the sale of the club to Rangers Baseball Express, an investment group headed by Nolan Ryan and Chuck Greenberg.
