Rangers sale approved by MLB

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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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Many fans thought it was the best side in the nation by the end of last season. This year, the polls have built on Georgia's momentum and granted it the No. 1 preseason ranking, followed by Ohio State and USC. (The Associated Press has the Buckeyes at No. 2; USA Today took the Trojans.)

"To have people believing we have one of the best teams in the nation going into this thing, it's exciting for us," Bulldogs coach Mark Richt told the AP. "I don't think anything is guaranteed, but we certainly have put ourselves in position where at least the college football world thinks we're pretty good."

Georgia Bulldogs - 9.5 wins

There's no question they're good, but the Bulldogs have one of the toughest 12-game schedules in the nation, mostly because they play in the powerhouse Southeastern Conference. Away games at No. 15 Arizona State, No. 7 LSU and No. 10 Auburn loom large, with contests between the hedges versus No. 24 Alabama and No. 18 Tennessee as well as the World's Largest Cocktail Party in Jacksonville versus No.5 Florida.

Ohio State Buckeyes - 10 wins

Like the Bulldogs, the Buckeyes also have a number of tough road contests in 2008. After two scrimmages dressed up as real games versus Youngstown State and Ohio, it's off to face USC. Other tough away games include No.13 Wisconsin in October and No. 20 Illinois in November. Granted, it should be pretty easy sledding at the Horseshoe. In fact, the only ranked team that travels to Columbus is No. 22 Penn State, in October.

USC Trojans - 10.5 wins

A similarly light schedule awaits the Trojans of Southern California, which is why the oddsmakers' total is one win more and the over is currently commanding -150 odds. Pete Carroll's troops only play three ranked teams in 2008, and all of those games are at home. After what should be an easy trip to Virginia to start things off on Aug. 30, the Trojans get two weeks to prepare for Ohio State in Los Angeles. Their two other ranked opponents, No. 21 Oregon and No. 15 Arizona State, visit in consecutive weeks to start the month of October. After that, the competition eases up. Of course, this is the same highly-touted school that lost to Stanford in 2007 and Oregon State in 2006. And don't discount the fact that USC plays its biggest rivals, Notre Dame and UCLA, back-to-back to close out the regular season. On paper, the Trojans are far superior, but motivation will be high for the Irish and Bruins, especially if their historic foes are in national-title contention.

Odds to Win the Heisman Trophy

Tim Tebow, Florida - 7/2
He won it last year, so it's no surprise he's the favorite to do it again, making him just the second player to go back-to-back. Ohio State's Archie Griffin turned the trick in 1974 and 1975, and Tebow's coach, Urban Meyer, is pretty sure his star quarterback can match the Buckeyes legend.

"There has never been anyone quite like him," Meyer told the Atlanta Journal-Constitution. "I am very lucky to be his coach."

Chris Wells, Ohio State - 5/1

The man they call "Beanie" was a star recruit out of high school, so it's not like nobody knew who the star tailback was before he rushed for 576 yards as a freshman in 2006 and 1,609 as a sophomore. But perhaps his finest moment came last year versus Michigan when he rumbled for 222 yards and two touchdowns in the Buckeyes' 14-3 victory over the hated Wolverines.

Knowshon Moreno, Georgia - 8/1

If the Bulldogs are to live up to expectations, they'll need a huge effort from their sophomore running back. This might be the last year of college ball for Moreno, who rushed for 1,334 yards and for 14 touchdowns as a freshman, while adding 253 receiving yards on 20 receptions, so expect big things for the man from Belford, N.J.

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Is there such a thing as a trap game in the NFL?

I once asked that question to Pete Korner, who at the time was office manager and a senior linesmaker for Las Vegas Sports Consultants.

Korner almost ripped my head off. There is no such thing as a trap game, he loudly berated me. It’s a myth. The numbers are made using power ratings, he said.

There are trap games, though. They just might not be what you think. The perception is of a good team, say Philadelphia, laying a small number against New Orleans.

Using the highly-respected power ranking from The Gold Sheet, you’d find the Eagles with a power rating of 4 and the Saints at 8. When you factor the game being played in New Orleans, you could see why the line opened so short at less than a field goal.

For some, this makes it enticing to take the Eagles. That’s not a real trap game, though.

A real trap game, says professional gambler Dave Malinsky, is thinking you’re getting value betting a bad team, which brings us to the Oakland Raiders-Denver Broncos matchup.

The Raiders are +15 in this long-standing division rivalry. Denver is on a short week having dispatched Baltimore Monday. However, the Raiders haven’t covered the spread their last 10 games.

Many bettors don’t trust the Raiders to give a full effort. Few think much of Art Shell and his Oakland’s coaching staff.

So oddsmakers have to do something to make Oakland attractive if they hope to get equal action.

Now Malinsky is a value shopper. But he won’t touch the Raiders even getting more than two touchdowns.

“I try to eliminate the undisciplined, unfocused teams because they’re the ones most likely to suffer the bad beats,” he said.

Near the top of Malinsky’s list of stay-away teams is the Miami Dolphins, who have yet to cover a spread this season.

“Whatever you think of Nick Saban, you have to look at the penalties and turnovers,” Malinsky said.

It’s easy to point out the Dolphins failed to get the money this past week against New England because Olindo Mare missed a field goal and had another field goal blocked. But even though the Dolphins outgained the Patriots, 283-213, they committed eight penalties.

Bad teams not only cost themselves victories, but pointspread covers as well. The Arizona Cardinals and Green Bay Packers are two more examples.

The Cardinals couldn’t have been in a better position this past Sunday, up 14-0 at home against a mediocre Kansas City Chiefs squad. But they couldn’t hold it. The Packers got a push against St. Louis, but also could have won losing by three when Brett Favre fumbled at the St. Louis 11-yard line with 44 seconds left.

“The Packers were in a position to beat Philadelphia, too,” Malinsky said. “But they couldn’t even cover double digits.

“These teams just make mistakes and it costs you … they always will look good from a value standpoint. They really will. But that’s the trap.”

Houston and Tennessee rank among the six-worst teams. Malinsky wouldn’t be afraid to take either of these teams, however, if the price were high enough.

The Texans are bad, Malinsky said, but they have some discipline. The Titans showed they could not only come up with an outstanding game plan, but execute it as well, losing by one to the Colts on the road as an 18 ?-point underdog this past Sunday.

“Jeff Fisher is a worker,” Malinsky said of the Titans coach. “I’m not sure how hard Art Shell wants to work when he gets out of bed.”

Fisher, though, could be out as Tennessee coach after this season. Is he still worth backing in the right spot, with the right price, as a lame duck coach?

“It’s in his nature to keep working hard and not worry about any possible lame duck status,” Malinsky said. “He’s coaching for his resume.”

Note: Monday night game will be picked Monday. Lines used are from football betting lines.