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The Texas Rangers filled for bankruptcy today. Their largest creditor is

Posted by Krusty (aka Krustylu) May 24 '10, 16:04

Alex Rodriguez. He's still owed $25 million in deferred money from that ridiculous contract the Rangers gave him.

There's a chance MLB is going to have to pay off his contract. *shakes head*

Responses:

Blow is expensive. -- nm - Ron Washington May 24, 16:39 1
- I cannot believe he kept his job after that. -- nm - David May 24, 16:44
just make him a 1% owner -- nm - peglegpete May 24, 16:10
i wonder if he's an unsecured creditor - sideways pixie May 24, 16:09 5
- The union would lose their minds if his contract wasn't paid in full. - Krusty May 24, 16:12 4
  - in bankruptcy, unless you're a secured creditor, the trustee don't give a good damn - sideways pixie May 24, 16:15 3
    - Yes, chapter 11. -- nm - Krusty May 24, 16:41 2
      - reading a yahoo article, it sounds like the team is striking some kind of deal to pay off the Ranger's creditors 100 cents on the dollar - sideways pixie May 24, 16:43 1
        
        I knew there was a reason, I just couldn't remember it to post here. - Krusty May 24, 16:50
[deleted] 1
- They explained it a bit on the radio but I don't remember enough to say exactly why. - Krusty May 24, 16:10

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The Texas Rangers filled for bankruptcy today. Their largest creditor is

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