Find out about the owners of the Texas Rangers, their net worth, source of wealth and ownership history of the MLB franchise.
The Texas Rangers are a household franchise in the MLB based in Arlington, Texas. They are a member club of the American League (AL) West Division and were originally founded in 1961 as the Washington Senators before relocating to Texas in 1972 and rebranding to the Rangers name.
Who owns the Texas Rangers?
The Texas Rangers are currently owned by the Rangers Baseball Express LLC, a group of investors led by Ray Davis (majority owner) and Bob Simpson (minority owner) following the purchase of the team in 2010.
Texas Rangers ownership structure
Ray Davis
Ray C. Davis is an American businessman who is the co-owner of the Texas Rangers.
Bob Simpson
Bob Simpson is an American businessman known for co-founding XTO Energy.
Club Net Worth and Valuation
The Texas Rangers are valued at $2.45 billion.
Ownership History
The Texas Rangers has gone through a series of owners throughout its history.
Elwood Richard Quesada (1961–1963)
James Johnston & James Lemon (1963–1967)
Bob Short (1968–1974)
Brad Corbett (1974–1980)
Eddie Chiles (1980–1989)
George W. Bush & Edward W. Rose (1989–1994)
Tom Hicks (1998–2010)
Rangers Baseball Express LLC (2010–Present)
Founding Year
The Texas Rangers franchise was established in 1961 as the Washington Senators before relocating to Texas in 1972 and rebranding to the Rangers.
Stadium Information
The Texas Rangers play their home games at the Globe Life Field located in Arlington, Texas. It has a seating capacity of 40,300 seats and was opened in 2020.
Club Achievements and Trophies
The Rangers won their first World Series title in 2023. The team has also won American League and AL West division titles.
Conference and Division
The Rangers are part of the American League (AL) West Division. The team's colours include royal blue, red, and white.