The Texas Rangers are a professional baseball team in Major League Baseball (MLB) headquartered in Arlington, Texas. They belong to the American League (AL) West division. Originally established in 1961 as the Washington Senators, the franchise moved to Texas in 1972 and adopted its current name, the Texas Rangers. The Rangers share their home state with another major league team, the Houston Astros.
Their home venue is Globe Life Field, which opened its doors in 2020 and boasts a retractable roof. The club made it to the World Series in 2010 and 2011 but did not win a championship until they again featured in the 2023 World Series Championship and won by defeating Arizona Diamondbacks. Throughout their history, the Rangers have participated in nine MLB postseason tournaments. They clinched division titles seven times, in 1996, 1998, 1999, 2010, 2011, 2015, and 2016, and qualified as wild card entries twice more, once each in 2012 and again in 2023.
Who owns the Texas Rangers?
The Texas Rangers are owned by Ray Davis and Bob Simpson, who serve as co-chairmen and the primary owners of the franchise since acquiring it on August 12, 2010. The ownership group, Rangers Baseball Express LLC, holds the majority stake in the team. When the club was placed on the market in 2010, Davis joined a consortium led by Chuck Greenberg and Nolan Ryan to purchase it. Together, Davis and Bob R. Simpson contributed most of the $593 million needed for the acquisition.
Ray Davis is a prominent American businessman who has held roles as co-CEO and chairman of Energy Transfer Partners (ETP) as well as chairman of Energy Transfer Equity (ETE). Meanwhile, Bob R. Simpson co-founded XTO Energy, an American energy firm that operates as a subsidiary of ExxonMobil.
Rangers Baseball Express LLC’s role as the principal owner of the Texas Rangers?
Rangers Baseball Express is the main ownership group of the Texas Rangers. Comprised of leaders Ray Davis and Bob Simpson, this organization acquired the team in 2010. They have played a crucial role in managing the franchise, making key decisions and investments, such as overseeing the construction of Globe Life Field, which debuted in 2020.
Ray C. Davis is the Managing Partner & Majority Owner, while Bob R. Simpson serves on the Executive Committee.
Texas Rangers Valuation
As per Forbes in March 2024, the Texas Rangers' valuation is $2.4 billion.
List of Texas Rangers owners
Here is the list of all owners of the Oakland Athletics throughout its history:
| No. | Majority owner(s) | Dates |
| 1 | Elwood Richard Quesada | 1961–1963 |
| 2 | James Johnston & James Lemon | 1963–1967 |
| 3 | James Lemon | 1967–December 3, 1968 |
| 4 | Bob Short | December 3, 1968–May 29, 1974 |
| 5 | Brad Corbett | May 29, 1974–April 29, 1980 |
| 6 | Eddie Chiles | April 29, 1980–March 18, 1989 |
| 7 | George W. Bush & Edward W. Rose | March 18, 1989–November 1994 |
| 8 | Tom Schieffer & Edward W. Rose | November 1994–June 16, 1998 |
| 9 | Tom Hicks | June 16, 1998–August 11, 2010 |
| 10 | Rangers Baseball Express LLC | 2011–present |
FAQs on Texas Rangers Owner
A. The Texas Rangers were founded in 1961 as the Washington Senators and became the Texas Rangers when they relocated to Texas in 1972.
A. The Rangers play at Globe Life Field, which opened in 2020.
A. The Texas Rangers' colors are red, white, and blue.
A. As of now, the Texas Rangers have won one World Series in 2023.
