Houston Astros file a motion in the United States Bankruptcy Court for the Southern District of New York

The Houston Astros file a motion in the United States Bankruptcy Court for the Southern District of New York, asking the court to determine whether the 30-year naming agreement with Enron signed in 1999 should continue. The team does not want to call its stadium Enron Field any longer due to the financial burden placed on many Houston-area residents caused by the bankrupt energy company’s disputable business practices.

Major League Baseball announces the withdrawal of its plan for contraction 

Major League Baseball announces the withdrawal of its plan for contraction this upcoming season, but the sport is still determined to eliminate two teams in 2003. Attempts to contract the Minnesota Twins and Montreal Expos this season could not be accomplished due to a series of legal decisions and fierce opposition from the Players Association.

Troy Percival’s Angels All-Star reliever signs a two-year contract extension to stay with the club

Troy Percival’s seven-year tenure with Anaheim, which is the longest on the current roster, will increase when the All-Star reliever signs a two-year contract extension to stay with the club. The 32 year-old right-hander, who is the Angels’ all-time leader with 210 career saves, converted 39 of 42 save opportunities last season.