Rangers' new ownership

Updated: January 24, 2010, 5:29 PM ET
By Buster Olney

Chuck Greenberg and Nolan Ryan finalized their negotiations for purchase of the Texas Rangers, as Jeff Wilson writes.

Within this piece, there is word that Tom Hicks is all but out of this deal, which is the way some folks within Major League Baseball would prefer it, feeling that Hicks would naturally hover over the day-to-day operations of the team if he was in a position to stick his elbows out.

The fact that the Rangers' ownership situation is settled will be great for the team; some folks who work there felt the club was hamstrung by Hicks' financial issues last year, in everything from player moves to groundskeeping needs.

By the way: Ryan is known to be personally fond of Ben Sheets, and you wonder if one of the first moves the Rangers would make is to bring on board the best available free-agent pitcher. Ownership groups typically like to make a splash like that. (The most notable example being the Padres' whopper trade for Steve Finley and Ken Caminiti as John Moores moved to the verge of ownership in the offseason of 1994-95).

The pressure is now on Ryan and Greenberg, writes Evan Grant.