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August 11, 2010

Ownership committee, executive council unanimously approve Texas Rangers sale

Commissioner Bud Selig concluded the first day of the quarterly owners meetings in Minneapolis by announcing that the Texas Rangers sale was approved unanimously by the ownership committee and the executive council.

A final vote of the 30 team owners will take place Thursday morning. The investment group headed by Chuck Greenberg and Nolan Ryan must receive 75 percent of the votes for the sale to be approved. That appears to be a formality.

"I'm delighted that we got through the first two steps with unanimity," Selig said. "Tomorrow we'll have to meet and tell you how the final vote came, but I guess you can probably guess that."

Greenberg and the two heavy hitters in Rangers Baseball Express, Ray Davis and Bob Simpson, answered questions and presented the operational plan and philosophy to the ownership committee. Ryan did not attend the meetings.

Greenberg said that he welcomed the process, and it appeared to be well-received one week after his group was locked in an intense courthouse auction with Mark Cuban and Jim Crane to purchase the club.

"It beats the heck out of last Wednesday," Greenberg said. "I said to Bob Simpson and Ray Davis, 'What are we doing next Wednesday?' "

It appears as though they will be owning a major-league franchise.

-- Jeff Wilson


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