Tom Hicks Has A Change Of Wallet

Before yesterday's game against the Yankees, Texas Rangers owner Tom Hicks admitted that he is interested in selling off a piece of the franchise stating, "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."

Hicks went on to say, "My family and I want very much to stay involved with the club, but we understand that we have to be open to solutions that may include partners who own a controlling interest in the Rangers. There are some potential buyers who won't consider having only a minority interest."



Hicks has long said he wants the Rangers franchise to be something that could be passed down through the generations of his family. Why the change?

Speculation is that Hicks' recent troubles with creditors may only be the tip of the iceberg to his finacial troubles.

Rumors abound that if Hicks does finally decide to sell off a majority share in the franchise, current Rangers President and Hall of Fame pitcher Nolan Ryan, along with his longtime business partner, Don Sanders of Houston, could be potential buyers.



When asked for comment Ryan hedged his bet saying, "Knowing nothing about what the details are, there's no way I can comment on any of this."

For many Rangers fans, Tom Hicks selling off the Rangers would be a dream come true. A good percentage of fans have long accused Hicks of being more interested in lining his pockets rather than putting a top flight team on the field year in and year out. Fan indifference has shown in recent years as turnout for the games has been less than stellar.

Tom Hicks has been the Rangers principal owner for 11 years.