[轉錄][外電] Hicks' sale of Rangers finalized
※ [本文轉錄自 MLB 看板]
作者: Westmoreland (Five Tools/Seven Skills) 看板: MLB
標題: [外電] Hicks' sale of Rangers finalized
時間: Sun Jan 24 17:41:28 2010
http://tinyurl.com/yebw8df
球隊總裁 Nolan Ryan 和匹茲堡律師 Chuck Greenberg 組成的 Greenberg 集團
,從 Tom Hicks 手中買下德州遊騎兵的經營權,由 Hicks 運動集團在週六晚間
發布官方聲明。
未透露出成交價格,但預期會超過 $500M,協議仍需由大聯盟批准,Hicks 集團
也還有一些財務問題要解決。
ARLINGTON -- A group headed by club president Nolan Ryan and Pittsburgh
attorney Chuck Greenberg has completed the initial step of purchasing
controlling interest in the Rangers from owner Tom Hicks.
An official announcement was made by Hicks Sports Group on Saturday
night. There is no final sale price, but it is expected to be in excess
of $500 million. The agreement is still subject to approval by Major
League Baseball and the lending institutions that hold the debt on Hicks
Sports Group. There is also still some financing that needs to be
completed.
"Together, we have worked exhaustively since last month to attain this
agreement," Hicks said in a statement. "It's a complex business deal
that positions the franchise positively for the future."
Hicks, in a separate transaction, agreed to sell or transfer 153 of the
195 acres around the Ballpark that his family owns in return for cash,
notes and a minority ownership position within the Rangers.
Greenberg will serve as managing partner and CEO of what will be known
as Rangers Baseball Express. Ryan will be a limited partner and remain
club president.
Dallas businessman Ray Davis of Dallas and Bob Simpson of Fort Worth,
who is chairman of XTO Energy, have been named co-chairmen of the board
of Rangers Baseball Express. Hicks will hold the title of chairman
emeritus.
"Nolan and I greatly appreciate Tom Hicks' willingness to work beyond
the deadline to complete the deal and his support for passing the torch
from the Hicks family to our group," Greenberg said in the statement.
"His actions speak eloquently to his commitment to serve the best
interests of Rangers fans and the community.
"We are fortunate to be assuming the stewardship of a franchise poised
for greatness. The tremendous foundation of talent that has been
assembled on both the Major and Minor League levels, combined with our
passionate commitment to achieve excellence in every facet of the
organization's operation, and the pent-up thirst for success we observe
from our fans every day, creates the opportunity for the Rangers to
become one of the great franchises in baseball."
The next step is to submit the agreement to Major League Baseball for
review by the ownership committee and approval by 75 percent of club
owners, as well as approval by the lending institutions.
The Rangers are hoping to have everything completed in April.
Saturday's agreement is not expected to have an immediate impact on the
Rangers' offseason plans, though final approval at some point could give
them payroll flexibility going into the season and leading up to the
July 31 non-waiver Trade Deadline. The Rangers are expected to have a
payroll of just over $70 million going into the season.
"In the short-term," Hicks said, "Chuck, Nolan and I will focus our
attention not only on the transaction, but on making sure the club
operates in a business-as-usual manner."
Approval by Major League Baseball is expected. Commissioner Bud Selig
has been a strong supporter of Greenberg's group, and his office has
pushed to help get this deal done. Irwin Raij, who has represented Major
League Baseball on a number of significant issues, has been a part of
Greenberg's negotiating team. Approval by the lending institutions
remains a significant step.
"The efforts of the last few years are evident in the very positive
direction in which the Rangers are heading," Ryan said. "We look forward
to continuing that work for the 2010 season and beyond. I am excited to
have the opportunity to be a part of this organization as we go
forward."
Greenberg has been a Minor League owner for the past eight years in
Altoona and State College, Pa., and in Myrtle Beach, S.C. As an attorney
operating out of Pittsburgh, he was instrumental in putting together
deals that helped NHL great Mario Lemieux buy the Pittsburgh Penguins in
1999, and he assisted another group in their purchase of the NHL's
Florida Panthers in 2001.
His company, Greenberg Sports Group, also provides management,
consulting and marketing services to the sports industry all across the
country. His expertise is in the marketing, promotional and business
side of the game, and Greenberg said that Ryan will be in charge of the
Rangers' baseball operations.
The Greenberg-Ryan group would become the sixth entity to own the
Rangers since the club moved to Texas from Washington, D.C., in 1971.
Minnesota businessman Bob Short was the owner when the Washington
Senators first moved here.
Short sold the club in 1974 to Fort Worth businessman Brad Corbett. Fort
Worth oilman Eddie Chiles bought the team in 1980 and then sold it in
1989 to a group led by former George Bush and Rusty Rose. Tom Schieffer
eventually emerged as the dominant member of that group, becoming club
president in 1990 and managing general partner in 1994 when Bush became
governor of Texas. Hicks, who already owned the NHL's Dallas Stars,
bought the Rangers in 1998.
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