"I've looked this up, and in the 133-year history of Major League Baseball, never has a president been an owner except President Bush," Rangers owner Tom Hicks told MLB.com. "I'm glad he's home and can reconnect with this place. We thought it would be fitting to have the suite named after him."

"I was actually thinking of my time in baseball driving up here on the turnpike," Bush said. "Baseball is a great sport, and the Rangers are a great organization. Tom is a wonderful owner and has built this team up, hopefully guiding it to an American League pennant."

"I'm thrilled to accept it," Bush said. "I used to [sit in the crowd during the game], but my life changed in January 2001. I have a little less anonymity now."

I would love to see President Bush come to Fenway Park and try to take in a game from the bleachers.

Nope, the word is that Singh is just stubborn and -- here's a word you don't hear often these days -- loyal. And, oddly enough, I find that sort of refreshing even if the allegiance is to an alleged thief.

Singh's representatives say "Vijay is staying with the status quo until there is something more definitive re: Stanford." Hats off to him.

I have never been the world's biggest soccer (football for my European readers) fan. I have attended a Columbus Crew game, that is an American Major League Soccer (MLS) team, in the past. I watch soccer sometimes when it is on ESPN, it is often the Champions League finals, and I will root for the USA during the World Cup. However, that is where my soccer fandom ends -- as far as I am concerned, "football" is the game played with the oblong, pigskin ball featuring two heavily armored teams battling on the gridiron for the ultimate supremacy in either the NFL or NCAA.

The Florida Panthers may score!

If all goes as planned, the National Hockey League team will be picked up by a special purpose acquisition company (SPAC) – also known as a "blank check company" – that boasts a management team including baseball legend Hank Aaron. The acquiring company, Sports Properties Acquisition Corp (AMEX: HMR), which leads to something of a spooky acronym, is rumored to be making a move on the hockey team for $240 million. If this works, the SPAC called SPAC would be one of only a few companies recently to round up investors for this type of deal.

So, why aren't you watching NASCAR? According to USA Today, NASCAR "solicited opinions from drivers and team owners in a 'town hall'-style meeting" earlier this week on why attendance and television ratings have dropped.

I know that I haven't watched NASCAR since Rusty Wallace made his last call and pulled off the track into the broadcasting booth. So, why am I not watching?

It is simple, I am now a tad busier (with a 4-year-old, a 2-year-old, and a newborn) on a daily basis, and I can't (and won't) carve out the time to spend a Sunday afternoon watching a NASCAR race. I'm not alone, as Fox has seen ratings drop 13% compared to a year ago.

The 2008 Major League Baseball World Series achieved the event's lowest television ratings in history, and the league is off to a similarly lousy start to the 2009 season.

Ratings for Fox Saturday Baseball have slipped 9% since last season and 23% since 2000. The Wall Street Journal reports (subscription required) that Fox executives will be meeting with MLB Commissioner Bud Selig next week to try to come up with ways to boost ratings.

Executives are not panicking yet -- the real test will be the All-Star Game and the Playoffs, which account for 90% of the revenue under licensing deals.

As of last Sunday, Major League Baseball's regular-season attendance is down nearly 4.5% this year -- including both New York clubs, according to Reuters.

Why is the inclusion of the New York Yankees and Mets important? Because the two teams opened brand new palaces this year, both of which are smaller than the parks they played in a year ago.

Before the season, baseball officials predicted that attendance could drop as much as 10% from last year's 78.6 million -- with league revenue coming in flat compared to last year's record $6.5 billion.

On May 1, I wrote about the news that TheStreet.com (NASDAQ: TSCM) had dumped Major League Baseball player turned pseudo options expert Lenny Dykstra.

Now The New York Post chimes in with more disturbing news about Dykstra's financial affairs. Dykstra has total debt of around $50 million and isn't paying up. He's being sued by a cavalcade of former business associates who claim he never paid them for services performed, and he even allegedly convinced a flight attendant to put a $10,600 flight on her credit card for him and then failed to reimburse her. He's being sued by his literary agent too, who says Dykstra never repaid him for money he lent him.

Tom Hicks, the owner of the Texas Rangers baseball team and the Dallas Stars NHL franchise, has defaulted on a $525 million loan related to the teams.

Hicks has downplayed the importance of the default, saying that it's just a bargaining tactic to bring the lenders back to the bargaining table to negotiate better terms. But industry experts tell The Associated Press that that's unlikely to be the full extent of it. A default on a loan is usually a sign of serious financial problems, but analysts think that Hicks has enough equity in his teams to maintain control -- even if he does end up selling minority stakes to outside investors.