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  September 5, 2001
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Home > Company Index > Leisure > Professional Sports Teams & Organizations > Texas Rangers Baseball

Texas Rangers Baseball
 PROFILE
These Texas Rangers will need more than a tin star to get to the World Series. Texas Rangers Baseball operates Dallas' pennant-less American League franchise, which won three division titles in the 1990s but posted only one playoff victory. The team is banking its future success on the talents of Alex Rodriguez, who was signed to a $252 million, 10-year deal (the largest contract in sports history) in 2000. The Rangers play host at the historic-looking Ballpark in Arlington (opened 1994). The club first played as the 1961 Washington Senators expansion team and migrated to Texas in 1972. Tom Hicks (who also owns the Dallas Stars) bought the Rangers in 1998 for $250 million from a group led by George W. Bush.

 COMPETITION
Anaheim Angels Baseball Club, Inc. (dossier)
The Athletics Investment Group (dossier)
The Baseball Club of Seattle, L.P. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 126.50
1-Yr. Sales Growth: 7.7%
Employees: 215
Revenue per employee: $588,372.09

 KEY PEOPLE
• James R. Lites
    CEO
• John F. McMichael
    CFO

 CONTACT INFO
1000 Ballpark Way
Arlington, TX 76011
US
Phone: 817-273-5222
Fax: 817-273-5174
Online: Web Site

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