William Snyder told Sports Business Journal that he could not recommend the one-day auction requested by Chuck Greenberg and his group in yet another attempt to jump start the sale process. A hearing on the auction, scheduled for Friday, has been cancelled.
As Evan Grant says, where the twisting tale heads next is anyone’s guess, but the reaction from Snyder is another in a long line of bad news for the Rangers Baseball Express group.
As the situation gets more volatile and unpredictable, there is no telling where this could head next. It could simply result in another slight delay to afford potential outside bidders more time to ready their bids or it could result in a full-scale reopening of the sales process.