The Texas Rangers got approval Thursday to exit federal bankruptcy protection, an anticlimactic end to one of the most contentious sales of a professional sports team.
Add one more win for Big Tex.
The Texas Rangers exited federal bankruptcy protection on Thursday, an anticlimactic end to one of the most contentious sales of a professional sports team.
The Texas Rangers stepped closer to exiting federal bankruptcy protection Thursday, hours after Hall of Fame pitcher Nolan Ryan's group purchased the team at an unusual marathon auction.
Some of Nolan Ryan's best moments occurred in a Texas Rangers uniform: turning the struggling franchise around after he was brought in as a free agent in 1988, his 5,000th strikeout and his 300th victory.
An investment group led by Hall of Fame pitcher and Texas Rangers president Nolan Ryan won a contentious and unusual auction for the team early Thursday, beating back a nearly $600 million offer from outspoken Dallas Mavericks owner Mark Cuban.
The much-anticipated auction of the Texas Rangers was delayed for hours Wednesday as officials in the team's high-profile bankruptcy case tried to determine which of the two opening bids is higher.
Billionaire Dallas Mavericks owner Mark Cuban is upping his bid for the Texas Rangers at an unusual and contentious auction.
Billionaire Dallas Mavericks owner Mark Cuban launched an aggressive bid to buy the Texas Rangers on Wednesday, challenging Hall of Fame pitcher and team president Nolan Ryan and his group of investors in a rare and contentious bankruptcy court auction.