It's official according to online stories on mlb.com. To wit:
By Barry M. Bloom / MLB.com
08/12/10 12:50 PM ET
MINNEAPOLIS -- The sale of the Texas Rangers gained unanimous approval from Major League Baseball owners at their joint meeting on Thursday, ending a year of financial instability for the franchise.
The team was purchased from Tom Hicks last Wednesday for $593 million during a spirited, 17-hour bankruptcy court auction in Fort Worth, Texas.
The new Texas ownership group is called Rangers Baseball Express, with attorney Chuck Greenberg serving as managing general partner and Hall of Fame pitcher Nolan Ryan remaining as club president. Ray Davis, a Dallas billionaire, and Fort Worth businessman Bob Simpson are the co-lead investors.
"I am very pleased that Chuck, Nolan and their impressive ownership group have been approved as the new leadership of the Texas Rangers franchise," Commissioner Bud Selig said in a statement issued by MLB. "Chuck and Nolan have demonstrated an unwavering commitment to the Rangers. Their passion for Major League Baseball as a whole and particularly the future of baseball in Texas is exemplary.
"In addition, I want to thank the Rangers' fans for their patience throughout this difficult process. I am confident that Chuck, Nolan and the entire ownership group will serve as dedicated stewards of this club by building a long-term, stable franchise which values its standing in the Dallas-Fort Worth communities. I am glad that the Rangers' great season on the field will get the attention it deserves during the pennant race."
The meeting began at 8:35 a.m. CT and Greenberg was asked to sit outside the
more>Labels: Chuck Greenberg, MLB, Nolan Ryan, Owners Meeting, Texas Rangers
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