The Texas Rangers Major League Baseball franchise was established in 1961 as the … The Rangers finished with the worst record in the American League in a 2020 season with no fans at the new ballpark and the schedule reduced to 60 games because of the pandemic. The owner has spoken, and he said he is embarrassed. Instead of a splashy debut year in the the $1.2 billion ballpark with a retractable roof, the Rangers finished an American League-worst 22-38 in the pandemic-shortened season in front of no fans. Davis worked in the energy industry for forty years, until he retired as the CEO of ETP and ETE in 2007. Since he became a Principal owner in August 2010, the Rangers have won four A.L. Ray Davis and the Texas Rangers ownership group will host the 2020 World Series, just as they had hoped when they broke ground on a new stadium three years ago . That didn’t happen. Ray Davis and the Texas Rangers ownership group will host the 2020 World Series, just as they had hoped when they broke ground on a new stadium three years ago. … Ray C. Davis is a businessperson who has been at the helm of 6 different companies and is Co-Chairman & Co-Chief Executive Officer at ETC Holdings LP, Co-Chairman of Texas Rangers Baseball Club, Inc. and Co-Chief Executive Officer at La Grange Acquisition LP. He served as the co-chief executive officer (CEO) and chairman for Energy Transfer Partners (ETP) and chairman of Energy Transfer Equity (ETE). … ST. PETERSBURG, Fla. -- We knew some of the names of owners of the Texas Rangers, but not the complete list. Texas Rangers co-chairman and managing partner Ray C. Davis (left) and chairman, ownership committee and chief operating officer Neil Leibman … [5] Following Ryan's resignation from the Rangers in 2013, MLB approved the Rangers' request to have Davis replace Ryan as the team's control person, thus making him the primary person accountable to the commissioner's office for the team's operations. He’s no Mark Cuban. In 1994, he cofounded Energy Transfer Partners (ETP), which was then taken public in 2004. A planned $810 million expansion for the Arlington Entertainment District will add a best-in-class hotel brand, new convention center, corporate office headquarters, mixed-use residential building, small business co-working and incubator space, and even more dining, retail, and entertainment options for residents and visitors alike in The American Dream City. Ray C. Davis: The Undercover Billionaire He’s made a fortune in the energy business and co-owns the Texas Rangers baseball club. When the Rangers were acquired via a bankruptcy auction in 2010 for $586 million by a group led by Ray Davis and Bob Simpson, the team had over a dozen owners. It wasn’t money well spent for Texas Rangers owner Ray Davis. Mr. Davis is currently Majority Owner, Chairman, and Managing Partner of the Texas Rangers. West Division titles and two A.L. Ray Davis and the Texas Rangers ownership group will host the 2020 World Series, just as they had hoped when they broke ground on a new stadium three years ago. The Rangers have also made a major commitment in facilities for its player development program, completing construction on both a state-of-the-art baseball academy in Boca Chica, Dominican Republic, and a baseball housing and meeting facility adjacent to the organization’s Surprise, Arizona, complex in the last 24 months. Instead of a splashy debut year in the the $1.2 billion ballpark with a retractable roof, the Rangers finished an American League-worst 22-38 in the pandemic-shortened season in front of no fans. Ray C. Davis is an American businessman. Globe Life Field, a $1.2 billion facility with a retractable roof, opened in March 2020 and was the site of three rounds of Major League Baseball’s Postseason, including the 116th World Series. RANGERS TEXAS RANGERS MINOR LEAGUE AFFILIATES Texas Rangers (MLB) Globe Life Park in Arlington 1000 Ballpark Way Arlington, TX 76011 Phone: 972-RANGERS www.texasrangers.com @Rangers League: American League West Managing Partner: Ray C. Davis President, Baseball Ops & GM: Jon Daniels Director, Player Devlopment: Matt Blood Media Contact: John Blake He resides in North Texas with his wife, Linda, and has three adult children, who live in the Dallas/Fort Worth area. Ray Davis and the Texas Rangers ownership group will host the 2020 World Series, just as they had hoped when they broke ground on a new stadium three years ago . [3], "Ray Davis, Co-CEO and Chairman of Energy Transfer retires | www.pegasusnews.com | Dallas/Fort Worth", "D CEO : Ray C. Davis: The Undercover Billionaire", "There's no Jerry in Rangers' Ray Davis | Dallas-Fort Worth Sports News - Sports", "Davis, Simpson to continue as low-key counsel: Board co-chairmen's roles will remain behind the scenes", "Ray Davis approved as Rangers' control person", https://en.wikipedia.org/w/index.php?title=Ray_Davis_(businessman)&oldid=1005693119, Creative Commons Attribution-ShareAlike License, This page was last edited on 8 February 2021, at 23:58. [6] However, President of Baseball Operations and General Manager Jon Daniels serves as operating head of the franchise; Davis and Simpson have continued to stay in the background as senior consultants. Rangers owner Ray Davis said at the time that the goal was to build a World Series contender by the time they moved into the new ballpark. Davis … Just not with the team they expected. Ray Davis and the Texas Rangers ownership group will host the 2020 World Series, just as they had hoped when they broke ground on a new stadium three years ago . West Division titles and two A.L. Ray Davis, Energy Transfer LP board member and co-owner of Major League Baseball’s Texas Rangers, scooped up 1.28 million shares in the pipeline company at … Ray Davis, the co-chairman and general partner of the Texas Rangers, said that the 2020 … Prior to Avatar, Mr. Davis spent over 30 years working and holding various leadership roles in the energy industry. The Wrangler National Finals Rodeo was competed over 10 nights at Globe Life Field in December. They served mainly as senior consultants, an arrangement continued after Greenberg resigned in 2011, making Ryan the undis… This arrangement continued after Greenberg left in 2011 and ceded his post as CEO to Ryan. Rangers owner Ray Davis says a adding a roof to the existing ballpark is too expensive, and lists reasons why a new stadium makes sense (video by Jeff Wilson). The Rangers’ former home, Globe Life Park, was reconfigured as an outdoor multipurpose sports and entertainment venue and hosted 50 area high school football games last fall and winter. When the Rangers were put up for sale in 2010, Davis joined a group headed by Chuck Greenberg and Nolan Ryan, which purchased the club. Ray Davis, co-owner and co-chairman of the Texas Rangers, photographed Wednesday, April 1, 2015 at Globe Life Ballpark in Arlington, Texas. Ray Davis and the Texas Rangers ownership group will host the 2020 World Series, just as they had hoped when they broke ground on a new stadium three years ago. Globe Life Field and the reconfigured Globe Life Park complement and enhance two other major development projects completed in the last two years, Texas Live! He also served as Co-Chairman of the Board of Directors of Energy Transfer Equity (ETE) from the time of its initial offering until retirement. Ray Davis and fellow billionaire Kelcy Warren founded natural gas distributor and pipeline company Energy Transfer in 1995 and built it into a giant. Everybody learned Ray Davis’s name when he became a co-owner of the Texas Rangers, in 2010, but nobody learned much more because that’s the way Davis likes it. Ray Davis isn’t officially the figure head of the Texas Rangers yet, but once MLB owners hold their next meeting in November, it should be finalize and be official. Hasn’t Always Been Successful in Business. He is co-owner and co-chairman of the Texas Rangers of Major League Baseball (MLB). [3] Davis and Simpson became co-chairmen of the Rangers, but remained mostly behind the scenes as senior consultants while allowing Greenberg and Ryan to operate the team as CEO and president, respectively. DALLAS (105.3 The Fan) - Rangers owner Ray Davis says he has no plans to sell the franchise and he has faith that general manager Jon Daniels can … Topping the list of the richest MLB team owners is Charlie Johnson who has a level of wealth that many may describe as… Davis is a somewhat reclusive man who prefers to avoid the limelight. Davis stepped down as … He served as the co-chief executive officer (CEO) and chairman for Energy Transfer Partners (ETP) and chairman of Energy Transfer Equity (ETE). In 2012, he ranked 315th with a net worth of $1.5 billion,[3] and he ranked 296th in 2013 with a net worth of $1.9 billion.[4]. and Live! Simpson and Davis became co-chairmen of the Rangers, but initially remained in the background, leaving the Rangers in the hands of managing partner and CEO Chuck Greenberg and President Nolan Ryan. Texas Rangers announce resignation of manager Ron Washington Texas Rangers owners Ray Davis, left, and Bob Simpson, right, flank President of Baseball Operations and General Manager Jon Daniels at a news conference to announce the resignation of manager Ron Washington at Globe Life Park in Arlington, Texas, on Friday, Sept. 5, 2014. During the 2016 cycle, Davis contributed $102,700 to the failed Republican presidential … Texas Rangers co-chairman and managing partner Ray Davis plans for most of the furloughed employees to return by January 1, depending on the how circumstances play out regarding the COVID-19 pandemic. The same year he started the investment and management company, Capstone Partners. Mr. Davis has presided over a period of unprecedented growth in the franchise from a business and community perspective. pennants and advanced to Postseason play five times. Mr. Davis has been active in Major League Baseball during his tenure with the Rangers, serving on the MLB Executive, Labor, and Competition Owners Committees. Since he became a Principal owner in August 2010, the Rangers have won four A.L. Payroll, furloughs and witches: Rangers’ owner Ray Davis speaks on 2020. Mr. Davis has also played a significant role in the National Medal of Honor Museum’s planned move to Arlington. In August 2010, Simpson and another Texas oil magnate, Ray Davis, served as co-lead investors in the $593 million winning bid to take the Texas Rangers baseball team out of bankruptcy. Mr. Davis is currently Majority Owner, Chairman, and Managing Partner of the Texas Rangers. Texas Rangers owners Ray Davis, left, and Bob Simpson, right, flank President of Baseball Operations and General Manager Jon Daniels at a news conference to announce the resignation of manager Ron... Get premium, high resolution news photos at Getty Images Of course, Ray Davis is going to tell you to come out to Globe Life Field and pour your hard-earned dollars into his team. Ray Davis Net Worth $2.6 Billion Very little is known about Ray’s roots and growing-up, education including college career. Mr. Davis has presided over a period of unprecedented growth in the franchise from a business and community perspective. … ... Ray Davis is not that guy. Under Mr. Davis’ watch, the Rangers are aggressively promoting the game of baseball through the construction of Texas Rangers Youth Academy in West Dallas, and the Texas Rangers Baseball Foundation has completed a multi-million dollar endowment that will provide community programs and assistance for years to come. I speculated that if the two reports were true, Villa fans could be soon talking about owner Ray Davis of the Texas Rangers or Jim Crane of the Houston Astros. Ray Davis is Chairman and Chief Executive Officer of Avatar Investments, L.P. (“Avatar”), a family-owned diversified investment company. … October 1990: The Rangers announce that they have reached an agreement with the city of Arlington, Texas, on a $165 million stadium that will keep the Rangers in Arlington for the next 40 years. His first known job was as Chief Operating Officer (COO) at Colt Industries in 1982, a position in which he served until 1988. Davis and Bob R. Simpson provided the majority of the $593 million sale price. by Loews-Arlington, TX. Mr. Davis has offices in Dallas and at Globe Life Field. In 2010, he rebuffed an attempt by D Magazine to get a comment on his purchase of the Rangers, saying that he doesn't grant interviews. But he flies notoriously under the radar. In 2008, Davis made his first appearance on the Forbes 400 list, ranking 367th with a net worth of $1 billion. Texas Rangers furlough about 60 employees: 'I wish there was another way' Owner Ray Davis cited severe financial consequences of the coronavirus-caused shutdown. He is co-owner and co-chairman of the Texas Rangers of Major League Baseball (MLB). Just not with the team they expected. … [1][2] He remained with the company as a director and operates Avatar Investments LP, a Dallas-based investment firm. Ray C. Davis is an American businessman. His interests include ranching, bird hunting and reading. It was a tough season for the Texas Rangers, and owner Ray Davis isn't pleased with how his team performed. The Rangers co-chairman addressed writers on Wednesday afternoon. What owner wouldn’t? 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