Tom Hicks has reached a final agreement to sell the Texas Rangers to Team President Nolan Ryan, and Pittsburgh attorney Chuck Greenberg. In a separate transaction Hicks sold of a good deal of land surrounding the Rangers ballpark, and will retain a minority stake in the team. There are still a few complications to iron out like approval of Major League Baseball, and Hick’s creditors. There also may be a question about Ryan’s ownership of several minor league clubs who are considered part of the Houston Astros farm system.
Original Story:
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