The Texas Rangers are a professional Major League Baseball (MLB) team based in Arlington, Texas (U.S.), competing in the American League (AL) West Division. The franchise has a rich history dating back to its founding in 1961 as the Washington Senators, moving to Texas in 1972 and adopting the Rangers name. Their home ballpark today is Globe Life Field, which opened in 2020.
The Rangers have enjoyed multiple postseason appearances and, notably in 2023, won their first-ever World Series championship in franchise history.
Ownership Status of the Texas Rangers
The Texas Rangers are not owned by a single individual in isolation. Instead, the franchise is owned by a private ownership group organized as Rangers Baseball Express, LLC. Within that group, the two primary owners — and the most influential figures in team leadership — are Ray C. Davis and Bob R. Simpson.
Ownership Details
| Shareholder / Entity | Role / Ownership Details |
|---|---|
| Ray C. Davis | Managing Partner, Majority Owner, Chairman (primary decision-maker) |
| Bob R. Simpson | Co-Chairman and Principal Owner (key investor and part of core ownership) |
| Rangers Baseball Express, LLC | Ownership group holding majority of franchise shares |
Note: Other minority investors may also hold stakes in the franchise, but Davis and Simpson are the principal owners with the largest controlling interest.
Key Owner Highlights
Ray C. Davis
Ray C. Davis is an American businessman and majority owner of the Texas Rangers. He previously built his career in the energy sector, including as co-CEO and chairman of Energy Transfer Partners and Energy Transfer Equity before retiring. Davis joined the ownership group that purchased the Rangers in 2010 and has remained a central figure since.
In 2013, MLB approved Davis as the team’s control person, meaning he became the individual accountable to the Commissioner’s Office for the club’s operations — essentially the official owner in the eyes of MLB.
Under his ownership leadership, the Rangers have achieved significant successes, including reaching multiple postseason appearances and winning the 2023 World Series, the first championship in the franchise’s history.
Ray C. Davis Net Worth
As of 2025, Ray C. Davis’s net worth is estimated to be between $1.5 billion and $2 billion. His wealth primarily comes from his long and successful career in the energy sector, where he served as chairman and co-CEO of Energy Transfer Partners and Energy Transfer Equity before retiring.
Davis later became the majority owner and managing partner of the Texas Rangers, playing a major role in stabilizing the franchise financially and overseeing long-term investments, including Globe Life Field. His net worth is also supported by private investments, real estate holdings, and his controlling stake in the Rangers organization.
Bob R. Simpson
Bob R. Simpson is a businessman and longtime partner of Davis in Rangers ownership. Together with Davis, he provided the bulk of the financing for the 2010 acquisition of the franchise out of bankruptcy, forming Rangers Baseball Express, LLC. While Simpson’s role is less public than Davis’s, he remains a key figure in ownership and decision-making.
Bob R. Simpson Net Worth
Bob R. Simpson’s net worth is estimated to be around $1 billion to $1.3 billion as of 2025. Like Ray Davis, Simpson built most of his fortune in the oil and gas industry, where he held executive and leadership roles before moving into professional sports ownership. Simpson is a principal owner and co-chairman of the Texas Rangers through Rangers Baseball Express, LLC. While he maintains a lower public profile than Davis, his financial backing has been critical to the franchise’s stability, competitive payroll decisions, and championship-level investments.
Recent Developments in Ownership
The ownership group has been stable since acquiring the team in August 2010. Rangers Baseball Express, LLC took control following bankruptcy proceedings involving former owner Tom Hicks’s ownership group.
There have been no major public changes to the ownership structure as of late 2025, and Davis continues to be recognized as the primary controlling owner for MLB purposes.
FAQs
1. Who is the current owner of the Texas Rangers?
The Texas Rangers are owned by Rangers Baseball Express, LLC, with Ray C. Davis as the managing partner and majority owner, and Bob R. Simpson as co-chairman and principal owner.
2. Is the Texas Rangers franchise privately owned or publicly traded?
The Rangers are privately owned by an ownership group Rangers Baseball Express, LLC; they are not publicly traded.
3. Who founded the Texas Rangers?
The baseball franchise was originally established as the Washington Senators in 1961 and relocated to Arlington, Texas in 1972 to become the Rangers.
4. Has ownership changed recently?
No major ownership change has been announced recently; Ray Davis and Bob Simpson remain the principal owners within Rangers Baseball Express, LLC.
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