Tom Hicks open to selling a majority share of Texas Rangers
Despite saying time and again over the past few months that he is only willing to sell a minority portion of the Rangers franchise, Tom Hicks told the FWST that he is now open to exploring other options, including selling a majority share of the team.
"I am selling part of the Rangers. I don’t know how big of a part. Yes, I’d be open to selling more than a minority share, but it depends on who the partners are."
The article, by none other than Randy Galloway, goes on to suggest that Nolan Ryan and his business partner might be interested in making a deal with Hicks. After the media masses were done with the Rangers' owner, they immediately moved over to Ryan, who had this to say:
"Knowing nothing about what the details are, and having not been involved in discussions [about being a majority owner], there’s no way I can comment on any of this," Ryan said.
Would it be something he would now explore?
"That’s hard to say," Ryan added, "without having talked to Tom about it."
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It's unknown if this also means he's willing to sell a majority stake in the Dallas Stars as well. These questions came up while he was attending the Rangers game, so it's doubtful the reporters present would start grilling him on his ownership of the Stars as well.
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I bet he's also willing to sell a majority stake in the Stars as well.
The guy seems really strapped for cash ever since the stock market imploded.
Signature! I don't need no stinking signature!!
This should answer the question:
Tom Hicks is willing to give up control of baseball’s Texas Rangers if the right deal comes along, but he intends to keep the NHL’s Dallas Stars.
“With the right partners, I would be willing to sell a controlling interest in the Rangers,” Hicks said on Thursday in an e-mail to The Associated Press. “Not so with the Stars.”
http://sports.espn.go.com/mlb/news/story?id=4212693
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by Zachary Zielonka on May 28, 2009 3:01 PM CDT reply actions

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