Texas Rangers President and Owner
In February 2008, Nolan Ryan was hired as president of the Rangers. After the 2009 season, Ryan and Chuck Greenberg partnered to place the winning bid to purchase the Texas Rangers from owner Tom Hicks. The deal was completed shortly after the start of the 2010 baseball season. At midnight on August 5, 2010, the Ryan/Greenberg group was announced as the winners of the final auction to purchase the Rangers, after final approval from Major League Baseball. The final cash bid to purchase the franchise was $385 million. The opposing high bidder was Dallas Mavericks owner Mark Cuban. Greenberg left the group soon after the purchase closed (as his purpose was to primarily finance the deal), making Ryan the team owner.
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