Hicks trying to keep majority ownership of Texas Rangers
DALLAS — Texas Rangers owner Tom Hicks is putting together a group of local investors, including Hall of Fame quarterback Roger Staubach, for a bid that would enable him to keep majority ownership of the team.
“I’m exploring my own group,” Hicks said in a report on ESPNDallas.com, one of four local media outlets he spoke with Wednesday. “Sizable commitments have been made.”
Proposals to buy the Rangers are due Friday.
“To me, local support, sponsorship, and ownership are better for the Rangers,” Hicks said.
Groups led by Pittsburgh attorney Chuck Greenberg, Houston businessman Jim Crane and White Sox special assistant and former sports agent Dennis Gilbert have been identified as potential bidders, and all have previously met with team officials and toured Rangers Ballpark.
When contacted Wednesday night by The Associated Press, Hicks said “it’s all a process,” but wouldn’t elaborate. He has owned the team since 1998.
Nolan Ryan, the Hall of Fame pitcher who just completed his second season as the team’s president, could become involved in ownership of the team, either with Hicks or another of the potential buyers.
— The Associated Press
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