Thursday, August 05, 2010

Nolan Ryan, Greenberg Win Bid To Buy Texas Rangers

By Robert H. Kelly
Copyright 2010 TexSport Publications

FORT WORTH, TEXAS (August 5, 2010) It has been reported in various overnight news services that Texas Rangers president Nolan Ryan has won the high-stakes bidding war for the team.

The Ryan-Greenberg group held off a fierce challenge from a group led by billionaire Mark Cuban.

Officials in federal bankruptcy court in Fort Worth, Texas, announced early Thursday morning that the group led by Ryan and Pittsburgh sports attorney Chuck Greenberg had made the best bid for the team.

The group’s final offer included $385 million in cash.

I wonder now if the Round Rock Express and Corpus Christi Hooks will become farm teams for the Rangers.

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