A-Rod Objects to Rangers Auction

Alex Rodriguez is worried about payments to ex-Rangers players

By ANGELA K. BROWN
|  Thursday, Jul 29, 2010  |  Updated 2:45 PM CDT
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A-Rod Objects to Rangers Auction

AP

New York Yankees' Alex Rodriguez waits to hit in the batting cage before the start of a baseball game against the Baltimore Orioles, Friday, May 8 in Baltimore. Rodriguez joined the team for the first time this year after recovering from hip surgery.

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Alex Rodriguez has filed an objection to next week's auction of the Texas Rangers.

The New York Yankees star says bidders aren't required to pay money still owed to him and some other former Rangers.

Six years after he was traded, Rodriguez is owed $24.9 million in deferred compensation.

Rodriguez's motion was among a dozen or so objections filed Wednesday, most by creditors.

An auction to sell the Rangers is set for next week. The starting bid is from a group led by Hall of Fame pitcher Nolan Ryan and lawyer Chuck Greenberg, whose plan to buy the Rangers has been stalled for months.

Their $575 million bid includes paying the full $204 million owed to A-Rod and other unsecured creditors.

Posted Jul 29, 2010
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