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08/12/2010 - New York, NY (Sportsbook Betting Lines) - Major League Baseball has approved the sale of the Texas Rangers from Tom Hicks to a group led by Chuck Greenberg and Nolan Ryan.
The lengthy process finally came to a close Thursday after the Greenberg-Ryan group prevailed in an auction last week to purchase the club out of bankruptcy.
Ryan and Greenberg outbid the tandem of Dallas Mavericks owner Mark Cuban and Houston businessman Jim Crane. The winning bid was $593 million, topping the Cuban-Crane reported offer of $581.2 million.
"I am very pleased that Chuck, Nolan and their impressive ownership group have been approved as the new leadership of the Texas Rangers franchise," said MLB commissioner Bud Selig. "Chuck and Nolan have demonstrated an unwavering commitment to the Rangers. Their passion for Major League Baseball as a whole and particularly the future of baseball in Texas is exemplary."
Greenberg, a Pittsburgh attorney, will serve as the new ownership's control person, while the legendary Ryan will remain as the club's president.
"I can't tell you how excited we are to complete our purchase of the Texas Rangers," commented Greenberg. "It's been a long journey, but well worth the wait. We believe that this franchise belongs to all of its fans, and we pledge to be passionate in all we do to bring you the very best on and off the field."
Ryan and Greenberg had reached an agreement on January 23 to purchase the team and the land around the Ballpark in Arlington for $575 million. The Rangers filed for bankruptcy in May, but the lenders who hold the debt on Hicks Sports Group ultimately objected to the sale with the belief that the team could fetch more money.
"In addition, I want to thank the Rangers' fans for their patience throughout this difficult process," Selig added. "I am confident that Chuck, Nolan and the entire ownership group will serve as dedicated stewards of this club by building a long-term, stable franchise which values its standing in the Dallas-Fort Worth communities. I am glad that the Rangers' great season on the field will get the attention it deserves during the pennant race."
The Rangers are 65-48 and lead the American League West by 7 1/2 games over the Angels.
"We can now turn our full attention to continuing what has been a great season on the field," said Ryan. "We thank the fans and the community for their tremendous loyalty and support and we look forward to the excitement as we head down the stretch and into October."
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The San Francisco 49ers (5-11 SU, 5-10-1 ATS in 2007; 1-1 SU & ATS in pre-season) found some offensive life last week, and they will try to build some momentum on Thursday night as they travel to the Windy City to take on the Chicago Bears (7-9 SU & ATS in 2007; 0-2 SU, 0-1-1 ATS in pre-season) in an NFL matchup that is set to get underway at 8 PM ET at Soldier Field (natural turf) in Chicago.
Thursday, August 21
NFL betting odds: CHICAGO -3 (-120), Total 37
NOTABLE STAT: San Francisco was last in points, last in total offense in 2007
KEY NFL BETTING TREND: SF has lost its last seven SU on pre-season road
In the BetUS NFL pre-season football betting odds, the Bears are listed as a three-point favorite (laying -120), with the total posted at 37 points.
Here are some NFL football betting trends as they relate to this matchup (reflecting numbers going into the 2008 season):
* SF has lost 11 of its last 14 games SU
* SF has covered three of its last 11 games
* SF has lost six of its last seven road games SU
* SF has covered one of its last seven road games
* CHI has covered five of its last eight games
* CHI has played five of its last seven games OVER the total
* CHI has covered four of its last 13 home games
* SF has lost its last seven pre-season road games SU
* CHI has covered two of its last seven home pre-season games
Well, I guess we should congratulate the Bears on making their quarterback choice for the season's opening game, as they have designated Kyle Orton the starter against Indianapolis. The Bears obviously have lost patience with Rex Grossman, and what they do with him at this point is anybody's guess. But suffice it to say that there isn't a quarterback competition anymore, at least in training camp.
Meanwhile, the quarterback competition may also be settled in San Francisco, where the Niners bounced back from a lackluster 18-6 loss to the Raiders, in which they turned the ball over four times, to execute a 34-6 rout of the Packers last Saturday. However, coach Mike Nolan has stopped short of saying that, insisting that the job is still open. But J.T. O'Sullivan, the longshot of the trio of Niner signal-callers who opened camp, will start his third straight pre-season game here. Against Green Bay, O'Sullivan was only 8-for-17, and was intercepted, but he also threw for 9.1 yards an attempt, which included a 59-yard TD pass to Josh Morgan. The others struggled.
Some offensive cohesion is badly needed, in light of the Niners' dismal 2007 campaign, in which they were dead last in the NFL in scoring, with just 13.7 points a game. And O'Sullivan is the guy who is most familiar with offensive coordinator Mike Martz's exacting system, because he learned it last year in Detroit. O'Sullivan will go at least the entire first half and may even last longer. He'll be relieved by Alex Smith, with Shawn Hill doing the mop-up work. Three receivers who were out last week - Bryant Johnson, Ashley Lelie and Arnaz Battle - will miss this game too.
That may hurt a little here, especially since the Bears will be using a lot of their defensive starters. And it's the defense that has been keeping the Bears in games thus far. In fact, the defense and special teams were responsible for the first 19 points Chicago scored against Seattle last time out, as the offense really struggled with Grossman at the controls. But maybe the first-team offense has a chance to settle a little bit as it works more with Orton at the helm.
Certainly we have concerns about the Bears' offensive line, but we like the scenario for them here, especially if O'Sullivan doesn't make some bis plays. The Niners may have nowhere else to turn right now, and they have lost seven straight road games in the pre-season. Let's take Chicago, the three-point favorite in the NFL football betting odds.
CHICAGO -3 (-120) **
(Graded on a scale of 1-4 stars)
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MySportsbook.com refunds all bets on Oakland, Green Bay and Tampa Bay from NFL week one.
(September 14) – Week one of NFL action saw three teams go scoreless for the first time since 1977. Another four were unable to get a touchdown and almost half of the underdogs covered the spread. Those three teams saved bettors at MySportsbook.com from losing out completely, thanks to the company’s unique NFL Shutout Rule -- which ensures that if the team you backed goes scoreless, your wager is refunded.
Sportsbook refunded tens of thousands of dollars to customers who bet on Oakland, Green Bay and Tampa Bay, the three teams that stunk up the field so badly that their fans and backers never had a chance to get up from their couches and cheer. In the spirit of the low scoring start to the season, odds makers at the world’s largest online sportsbook and casino have set odds on how many total shutouts there will be this season.
MySportsbook.com has posted updated sports betting lines for week two of the season. Ben Roethlisberger’s health status is still questionable, so Willie Parker will try to lead Pittsburgh again as they travel to Jacksonville as a one point favorite. After beating up on his little brother last week, Peyton Manning will look to lead the Colts to victory against Houston. Indianapolis is a whopping 13.5 favorite in the match-up.
Seattle, last year’s highest scoring team, showed the power of their defense with their gritty 9-6 win in Motown over the ravenous Lions. They take their act back home to the comforts of Qwest Field where they will face the resurgent Arizona Cardinals. The Seahawks are favored by a touchdown.
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