At long last, the LeMaster Group has sent the long-awaited Official Response from Hicks Sports Group concerning the report that the owner of the Texas Rangers and Dallas Stars defaulted earlier this week on $525 million in loans. The upshot: Hicks decided not to pay interest due on HSG's debts because, look, he's hoping to get better terms on $515 million in loans because, hey, the economy sucks right now and, well, maybe you'd like to buy a piece of the team. Anyone wanna go halvsies? The entire release, for your reading pleasure:
Hicks Sports Group Release Concerning Interest Payments
If you like this story, consider signing up for our email newsletters.
SHOW ME HOW
You have successfully signed up for your selected newsletter(s) - please keep an eye on your mailbox, we're movin' in!