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-   -   Cubs to file bankruptcy? (http://www.derbytrail.com/forums/showthread.php?t=30723)

GBBob 07-13-2009 07:43 PM
Cubs to file bankruptcy?
 
What a bunch of crap...

http://sports.espn.go.com/mlb/news/story?id=4324073

Cannon Shell 07-13-2009 09:01 PM
Quote:
Originally Posted by GBBob
Too bad there isnt a clause in the players contracts that declare them free agents if the team files bankruptcy.

Scav 07-13-2009 09:05 PM
Quote:
Originally Posted by Cannon Shell
Too bad there isnt a clause in the players contracts that declare them free agents if the team files bankruptcy.
My personal boycott is WORKING!!

docicu3 07-13-2009 11:31 PM
Quote:
Originally Posted by Cannon Shell
Too bad there isnt a clause in the players contracts that declare them free agents if the team files bankruptcy.

I would love to hear a respected legal voice chime in on this one......Is it possible that when you seek protection from debt you are not reorganizing that your assests (player contract) become vulnerable under some circumstances?

pdrift1 07-15-2009 01:18 PM
Quote:
Originally Posted by Cannon Shell
Too bad there isnt a clause in the players contracts that declare them free agents if the team files bankruptcy.
yeah if i played for the cubs i'd look for any way out of that organization also:wf


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