MLB may seize Rangers, avoid creditors

Updated: May 3, 2010, 2:45 PM ET
By Richard Durrett | ESPNDallas.com

Major League Baseball is considering seizing ownership of the Texas Rangers in an attempt to finalize a deal to sell the club to the group headed by Pittsburgh attorney Chuck Greenberg and club president Nolan Ryan, a source familiar with the negotiations told ESPNDallas.com on Monday.

The Sports Business Journal, citing several sources, first reported Monday that the league could take control of the team under the "best interests of baseball" rule and sell the group to Rangers Baseball ...

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