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Hicks would keep majority ownership

Updated: November 18, 2009, 8:42 PM ET
By Richard Durrett | ESPNDallas.com

DALLAS -- Texas Rangers owner Tom Hicks said Wednesday that he's putting together his own group of mainly local investors, including team president Nolan Ryan and former Dallas Cowboys quarterback Roger Staubach, in an effort to maintain majority ownership in the club.

Hicks expects at least five groups, including his own, to submit proposals by Friday's deadline. At that point, Hicks and his staff will analyze the proposals and decide which one makes the most sense to pay down or eliminate ...

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