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Report: Chuck Greenberg to resign as Rangers CEO



Posted on March 11, 2011 at 12:59 AM

Updated Friday, Mar 11 at 11:20 AM

Texas Rangers CEO Chuck Greenberg will resign, maybe as early as today, writes Jeff Wilson of the Fort Worth Star-Telegram.

You can read the article here.

In the story, Wilson writes, "No one reason was given by the source for the stunning development, but Greenberg's method of operations could have created disagreements within the organization, including with team president Nolan Ryan, and among the ownership group and even Major League Baseball."

Greenberg led an ownership group that bought the Rangers last summer. That ownership group has already made a good impression on fans, for the following reasons:

  1. Their purchase ended Tom Hicks' reign as owner
  2. The Rangers made the World Series
  3.  Payroll went up

 This is shocking news. We'll monitor the story and provide updates as they become available.