Cuban, Greenberg, Crane in court

Chuck Greenberg, Mark Cuban and Houston businessman Jim Crane were among the early arrivals in their respective breakout rooms surrounding Judge Russell Nelms second-floor courtroom at the Federal Bankruptcy courthouse in downtown Fort Worth Wednesday morning, with Hall of Famer Nolan Ryan expected to join his partner Greenberg at any moment.

Proceedings in the auction of the Texas Rangers are expected to begin at 9 a.m. sharp.

Spotted Cuban, looking dapper but nervous in a business suit -- no T-shirts today -- at the security checkpoint near the courthouse entrance. Current owner Tom Hicks is also on hand.

Several Rangers' season-ticketholders have already staked out spots around the modest 40-seat courtroom, but they are easily out-numbered by the media in attendance as the Rangers' future hangs in the balance.

UPDATE: All the major parties are now in chambers with Judge Michael Lynn after a short preliminary hearing in his courtroom, which is one floor down from where the auction will be held.