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Schobel, Texans have mutual interest

08.05.10 at 7:02 am ET
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Recently released Bills defensive lineman Aaron Schobel told the Houston Chronicle Monday that the Texans are at the top of his list as he considers his options for the 2010 season. Apparently, the feeling is mutual from the Texans. Schobel, a native of Texas who attended TCU and lives in the Houston area, has said he wants to be closer to his family after nine seasons in Buffalo.

Read More: Aaron Schobel, Rumor Mill,

Ryan group wins Rangers auction

08.05.10 at 6:53 am ET
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A group led by team president Nolan Ryan and Pittsburgh sports attorney Chuck Greenberg won an auction for ownership of the Texas Rangers. The winning bid was $593 million, with $385 million of that in cash.

The group led by Mark Cuban, owner of the NBA’s Dallas Mavericks, bowed out and congratulated the Ryan group in the hallway outside the courtroom shortly before 1 a.m. Thursday morning. Officials in federal bankruptcy court announced the winning bid to a cheering courtroom about 10 hours after the auction began.

“It was an emotional roller-coaster,” Ryan said. “You go to court one day and it didn’t go your way, but you go back another day and it would. It’s a relief.”

A final hearing on the team’s bankruptcy plan was scheduled for later Thursday.

Read More: Mark Cuban, Nolan Ryan, Rumor Mill,

Report: C’s still in running for Hughes

08.05.10 at 6:43 am ET
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According to a tweet from Yahoo! Sports NBA writer Marc J. Spears, the Celtics remain interested in veteran shooting guard Larry Hughes. Spears lists the Bobcats as the other interested team. Two weeks ago, it was reported that Hughes had interest from the Lakers and Heat as well.

The eighth overall picl in the 1998 NBA draft, Hughes, 30, has played for the 76ers, Warriors, Wizards, Cavaliers, Bulls, Knicks and Bobcats in his 12-year career, averaging 14.2 points, 3.2 assists and 4.2 rebounds.

The 6-foot-5 Hughes would help fill the Celtics’ void created by the loss of Tony Allen.

Read More: Larry Hughes, Rumor Mill,

Former NU star Janning signs with Suns

08.04.10 at 10:18 pm ET
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Former Northeastern University standout Matt Janning, who impressed during Summer League stints with the Celtics and Suns squads, received a multi-year contract from Phoenix. The 6-foot-4, 198-pound guard was the Colonial Athletic Association MVP as a junior.

Read More: Matt Janning, Rumor Mill,

Broncos latest to take chance on RB White

08.04.10 at 10:14 pm ET
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The Broncos signed running back LenDale White and waived Kolby Smith in a backfield shakeup. The Broncos are White’s third team in less than four months. He was traded from the Titans to the Seahawks in April but cut by Seattle a month later.

Read More: LenDale White, Rumor Mill,

Agent: Brown likely to return to Lakers

08.04.10 at 10:06 pm ET
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The agent for shooting guard Shannon Brown told the New York Post that the free agent is “leaning” toward returning for the Lakers. Brown is expected to make his decision Thursday. The Knicks reportedly offered Brown a one-year contract worth $2.7 million. The Lakers have offered less money but more years.

“The Knicks did a great job selling Shannon on everything and their vision for him,” agent Mark Bartelstein said. “They did a great job but the chance to go back and win a third championship for the Lakers is a tough thing to pass up. He’ll make a final decision [Thursday].”

Brown averaged 8.1 points in 20 minutes per game last season off the bench for the Lakers.

Read More: Rumor Mill, Shannon Brown,

Schobel officially released by Bills

08.04.10 at 3:54 pm ET
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The Bills made official what has been reported since Wednesday morning, that veteran defensive lineman Aaron Schobel has been released. The 32-year-old, who has played his entire career with the Bills organization, has 78 sacks and 483 tackles in his impressive career. Because of recent changes in leadership and defensive philosophy, Schobel was unhappy with the direction of the team and brought up the idea of retirement last season. He did not report to camp this year, saying he wanted to stay with his family in the Houston area and consider his options.

Although it has been speculated the Patriots would be interested in bringing him aboard, there has been no movement on that front.

Read More: Aaron Schobel, Rumor Mill,

Well-traveled Law reportedly headed to Grizzlies

08.04.10 at 3:48 pm ET
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Free agent guard Acie Law has agreed to a one-year deal with the Grizzlies, according to Hoopsworld.com.

Law, the 11th overall pick in the 2007 NBA draft by the Hawks, has already played for four teams in his brief career. The 25-year-old played for the Warriors, Bobcats and Bulls last season, after playing his first two seasons in Atlanta.

Although Law was a standout at Texas A&M, leading the team to the Sweet 16 of the NCAA tournament in 2007, he has yet to find his niche in the NBA. So far, he has averaged just 3.7 points and 1.6 assists in his career, while never appearing in more than 56 games per season.

Read More: Acie Law, Rumor Mill,

Report: Chargers LB Butler out for season

08.04.10 at 2:49 pm ET
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According to a tweet from the San Diego Union-Tribune’s Kevin Acee, Chargers linebacker Donald Butler has torn his ACL in practice Tuesday and will miss the entire 2010 season.

The 21-year-old was a third-round pick of the Chargers this year, having played his college ball at Washington.

Read More: Donald Butler, Rumor Mill, San Diego Chargers,

NFL reportedly disapproves contracts for Bradford, others

08.04.10 at 2:42 pm ET
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Sam Bradford, Gerald McCoy and Kyle Wilson may have recently inked huge contracts with their respective teams, but according to one report, the NFL is not so thrilled with how it all went down, disapproving the deals.

According to Nationalfootballpost.com, the NFL is unhappy with certain aspects of these exorbitant deals, although the players themselves can continue to practice and train for the upcoming season before the tweaks are made.

With a potential lockout in 2011 looming over the league, the process that goes into signing these contracts has become more arduous, according to a league source.

Read More: NFL, Rumor Mill,