Big News. Hicks accepts Greenberg’s bid to buy Rangers

Not so fast!

Nolan Ryan isn’t going anywhere.

Baseball sources have confirmed that Tom Hicks has accepted the bid of Chuck Greenberg, who is partnered with Ryan, to purchase the Texas Rangers.

Tom Hicks announced Tuesday that he will ask Major League Baseball to approve his decision to grant exclusive negotiating rights to Ryan and Pittsburgh lawyer Chuck Greenberg to purchase the financially troubled team.

Hicks’ decision ensures that Ryan will remain as club president and get an ownership stake in the franchise currently owned by Hicks Sports Group.

“Our family has chosen to negotiate with the group we believe will be best to protect and ensure the long-term positive future of this franchise,” Hicks said in a prepared statement.

“I am most appreciative of the fans’ patience and support for the last year. I know it’s been difficult, but this new generation of ownership is 100 percent resolved to excellence and a superior fan experience for the long term.”

That is great news for the Rangers fans. Having this thing move along finaly puts a good position for the Rangers so that there may be some money in the coffers by the trade deadline next summer. New ownership and Nolan staying made this a great day in Rangers history.

Sources: Hicks accepts Greenberg’s bid to buy Rangers (Star Telegram)

Hicks picks Greenberg-Ryan bid for control of Texas Rangers (DMN)

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