Major League Baseball Approves Sale Of Texas Rangers To Greenberg-Ryan Group

We're done. We're done! WE'RE DONE!

Yesterday, MLB’s ownership and executive committees unanimously approved the purchase of the Texas Rangers by a group led by Chuck Greenberg and Nolan Ryan, and today, the 30 owners have sealed the deal by voting in approving the ownership transfer today at the quarterly meetings in Minneapolis.

As put rather simply by Lone Star Ball:

MLB officially approves the sale of the Rangers to the Greenberg/Ryan group. This is a happy day for Rangers fans.

At long last, one of the wildest ownership sagas in baseball history has come to an end. Chuck Greenberg will serve as managing partner, while Nolan Ryan will continue serving as the team's president. The entire ownership group is expected to be in place by Friday afternoon, when the Rangers host the Red Sox.

Said Greenberg:

"I'm not going to lie to you, it's pretty cool."

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