clock menu more-arrow no yes

Filed under:

Not Sure How The Rangers Bidding Process Will Go Over The Next Few Days?

New, 2 comments

Maury Brown has you covered. He explains the expected process on FanGraphs.com in FAQ form. I would suggest reading the whole thing, but here's a highlight.

↵
↵

What's the Bidding Going to Start At?

↵

Determining the very lowest a group can bid means looking at the Greenberg/Ryan's group offer. The approx. $520 million "stalking horse" bid is really broken down into three parts...

↵

But, the focus should be on the approx. $520 million Greenberg/Ryan has on the table on Weds. Once the overbid of $15 million is added as a minimum, all subsequent bids will be in $2 million increments.

↵
↵

Photographs by jamesbrandon, jdtornow, phlezk, flygraphix, mcdlttx, tomasland, and literalbarrage used in background montage under Creative Commons. Thank you.