T.R. Sullivan reports that team president and prospective co-owner Nolan Ryan is not optimistic about his group’s current bid to purchase the Texas Rangers.
Ryan was once confident the deal would get done. He is not expressing that same confidence now.
“I don’t worry about it, but there is a good possibility it might not happen,” Ryan said.
Now there is a possibility that Crane will be given a new opportunity by the bankruptcy court to bid higher than the $575 million sale price negotiated by the Greenberg-Ryan group.
“This is more delay, I would venture to say,” Ryan said. “It’s frustrating what direction this is going and what time frame you are dealing with. Everybody associated with it would like some finality with it.”
After two successful seasons and seeing the team turn a corner on the field, Ryan is uncertain about his future.
“My position is I’m going to be here until the end of the season, assess where everything is and go from there,” Ryan said. “I’m not making any predictions. I’m not thinking about anything except getting some ruling [from the bankruptcy judge] and seeing where we all stand. Getting through this season, that’s where my focus is.”