Rick Ericson at The LeMaster Group forwards along the latest in a short line of Official Tom Hicks Media Releases -- though, as you're no doubt aware, this is by far the most interesting one yet. Because as the owner of the Texas Rangers told Randy Galloway yesterday, yup, he's willing to sell his majority stake in Your Texas Rangers should the right buyer come down the pike. (And, for starters, David McDavid tells Richie today that he thinks he might be just the feller -- right, Widetrack?) In this release, Hicks acknowledges that he's hired Joe Ravitch to "identify potential investors" in the club. He also says this is real, real hard for him and his family, and there's no reason to believe otherwise.
Tom Hicks on Selling the Texas Rangers
Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.