Thursday, August 5, 2010

Nolan Ryan Outbids Mark Cuban; Gets Rangers

A group led by Nolan Ryan and Chuck Greenberg won a bankruptcy auction for ownership of the Rangers early Thursday morning.

The group went toe-to-toe with Mavericks owner and dot-com billionaire Mark Cuban for the suddenly successful club and won out in the end with a massive $385 cash bid. Cuban would have been a fun character in the baseball world, but Ryan has been an excellent leader since taking over front-office duties for Texas and his financial backers just put some serious faith in the franchise. If they back it up in payroll, the Rangers are going to have a great decade.

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