On the field the 2009 season is shaping up to be a great one for the Texas Rangers. They’re winning and looking pretty good in the process. Off the field, however, things aren’t as rosy:
Despite being in first place and having increased attendance at the ballpark this year, the Texas Rangers cut several staff members from their front office on Monday.
Team spokesman John Blake said the job reductions were less than 10 percent of its staff and that affected employees were offered a severance package. Before the job cuts, the Rangers had about 275 employees in their organization, not including the baseball team.
Just the latest consequence of Tom Hicks’ disastrous, debt-heavy business plan for the Rangers, which has been haunting them for several months now.
Reasonable people may disagree as to whether sports are recession-resistant. They’re not idiot-proof, however, and the plight of the Rangers is some of the best evidence of that.