Fox News Corp. Will Not Bid On Rangers; Jim Crane, Mark Cuban Join Forces

It appeared for a little while that Fox News Corp. might place a bid on the Texas Rangers in tomorrow's auction, but Bob Nightengale informs us that this will not be the case:

News Corp. will not bid for the Rangers, according to Randy Freer, president of Fox Sports Networks.

With Fox out, previous possibility Dennis Gilbert out, and Jeff Beck seemingly out, the Rangers were left with three potential bidders: the Greenberg/Ryan group, Jim Crane, and Mark Cuban. But wait! What's this?

UPDATE #1: Added that Jim Crane will act as lead with Mark Cuban as partner for Weds.' auction.

Crane and Cuban will be working together, as has been rumored. Which means the Rangers will actually have two bidders: the Greenberg/Ryan group, and the Crane/Cuban group.

What should we expect next? Maury Brown lays it all out, so you should give that a read. Tomorrow, though, we will finally start getting some answers. Be sure to keep a watchful eye on Lone Star Ball and SB Nation Dallas/Ft. Worth as this story continues to develop.

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