Waaay back before Trump was TRUMP, he and Ted Turner had leveraged themselves the way Hicks has now. Those two got their lenders to bend over and are the billionaires of legend we know and love today.

Of course, many of their bankers lost their jobs as a result, you can imagine the concern of shareholders when they realized that hundreds of millions had been loaned to Trump without collateral.

So it remains to be seen if Hicks can pull off a similar miracle 20 years later. Doubtful in this climate. And he seems to have fewer friends than Trump and Turner did.

Maybe Scott Boras can lend him some cash. After the A-Rod and Chan Ho Park deals Boras may feel some sense of pity for the man he fleeced so egregiously.

Oh, and a side note, Kevin Kennedy may be in deep doo-doo with Selig for mentioning the loan on an official MLB radio show.

He’s now officially backtracked and denies he knows anything. Funny.

@michael: yes! let’s have a federal bailout of the rangers!  I would love to say that I’m in an ownership group for an MLB team.  Does that also mean I would get to vote on the free agent signings, or daily lineups?

@len - you probably know more about baseball than I know about non-American football, but we are on the same page here.  Hicks looks at sports teams only as a posession to make money with, and his results are proof that emotionless financial decisions in the realm of sport always lead to collapse.  He is the epitome of aloof, not even realizing why people have a distaste for him.  Even if he did, it is unlikely that he would do anything to correct his behavior as owner in order to make his situation better.  It will be a great day in Dallas sports when the Rangers (and, hopefully the Stars, also) are pried from his broke hands.