Rangers CEO Greenberg resigns

Sports Network

, Last Updated: 12:41 PM ET

ARLINGTON, Tex. -- Chuck Greenberg has stepped down as CEO of the Texas Rangers amid apparent differences with team president Nolan Ryan and others in the club's ownership.

Greenberg and Ryan led the group that purchased the Rangers out of bankruptcy from Tom Hicks. The sale was approved by Major League Baseball in August and the Rangers went on to have their best season since relocating to Texas with their first American League pennant.

However, differing styles led to the Friday's announcement. Ryan, who had been the team president since February 2008 under Hicks' ownership group, will now add the title of CEO.

"I have great respect for the Texas Rangers franchise and am enormously proud of all we have accomplished together since August," Greenberg said in Friday's statement. "Unfortunately, Nolan Ryan, the co-chairmen and I have somewhat different styles.

"While I am disappointed we did not work through our differences, I remain wholeheartedly committed to doing what's right for the franchise. Together we concluded it is best for all concerned for me to sell my interest back to Rangers Baseball Express and move on. I do so with a heavy heart, but with every confidence in the direction that the new management team is taking the Rangers and, with Nolan at the helm, I know this franchise will continue to thrive and reach even greater heights both on and off the field."

Greenberg, a Pittsburgh attorney, was outspoken at times during his brief tenure with the club. He criticized New York Yankees' fans during last year's American League Championship Series, labeling their behavior as awful, and took a shot at the Yankees again this winter when he said the Rangers had a hand in keeping free agent pitcher Cliff Lee away from the Bronx.

Ryan thanked Greenberg in the club's statement and said the decision will have no effect on the club's operations.

"Chuck's determination during an extremely long and complicated sales process was crucial in delivering a positive outcome for our ownership group last August," Ryan stated Friday. "We owe him a great deal of thanks for those efforts and I wish him only the best.

"I am excited about the future of the Texas Rangers in so many ways," Ryan continued. "Our front office is comprised of talented and passionate people who come to work every day with the goal of making us the best organization in Major League Baseball, on and off the field."

The group led by Ryan and Greenberg outbid the tandem of Dallas Mavericks owner Mark Cuban and Houston businessman Jim Crane for the team. The winning bid was $593 million, topping the Cuban-Crane reported offer of $581.2 million.


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