Thursday, August 12, 2010

Rangers' Sale Complete

The drama is finally over! The sale of the Texas Rangers to a group headed by sports attorney Chuck Greenberg and Hall of Famer Nolan Ryan was approved by Major League Baseball and the other owners Thursday morning.

The Greenberg-Ryan bid of $593 million beat out a group led by Mark Cuban and Jim Crane in an auction that began on August 4 and continued into the early morning hours. At the time the Greenberg-Ryan team was submitting its final bid, Michael Young connected on a very timely grand slam to put the Rangers ahead of the Mariners.

At least there is some good news after the Rangers' abysmal loss to the Yankees on Wednesday night.

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