Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Texas Rangers Auction ‘A Mess,’ Greenberg-Ryan Says

One of the two bidders vying for the Texas Rangers unsuccessfully tried to stop an ongoing auction for the baseball team, which a lawyer for the group said had become “a mess.”

Thomas Lauria, a lawyer for a company led by Hall of Fame pitcher Nolan Ryan and attorney Chuck Greenberg, said the auction was “unfair” and asked that Judge D. Michael Lynn, who is overseeing the Rangers’ bankruptcy, rule on their complaints before bidding continued.

“The process is a mess right now,” Lauria said in court.

Judge Russell Nelms, who is overseeing the auction in Fort Worth, Texas, declined to halt the process.

A company formed by Dallas Mavericks owner Mark Cuban and Houston businessman Jim Crane, offered $356 million in cash and agreed to assume $208 million in team liabilities.

The Greenberg-Ryan group countered with a bid of $365 million plus the assumed liabilities.

The Rangers filed for bankruptcy protection in May and agreed to an auction after initially seeking approval for a sale to the Greenberg-Ryan group.

The case is In re Texas Rangers Baseball Partners, 10-43400, U.S. Bankruptcy Court, Northern District of Texas (Fort Worth).

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.