News Corp. May Be Considering Bid for Texas Rangers
It could take a bid of about $550 million to capture the Rangers. Still, News Corp. unit Fox Sports Southwest currently pays $35 million a year for TV rights to Rangers games, a figure that may rise. That means that the purchase could essentially pay for itself in little over a decade.
"It is kind of silly not to buy them," an anonymous source told The Post, which isowned by News Corp.