NORTH TEXAS (CBSDFW.COM) – Today’s loss to the Rays is now a moot point. That’s because Nolan Ryan will be staying put after all.

Speculation has been swirling around Rangers Ballpark that Ryan wouldn’t be staying much longer. That was the rumor mill churning ever since Jon Daniels was promoted to President of Baseball Operations.

After weeks of spring training and the opening week of the baseball season, Ryan, and majority owners Ray Davis and Bob Simpson finally were ready to make an agreement official.

Rangers CEO Nolan Ryan: “After productive discussions the last several weeks with Ray Davis and Bob Simpson about the structure of our organization, together we are moving forward. In my role as CEO, I am focused on working closely with ownership and with Jon Daniels and Rick George to build on the success of the past five years and to bring a championship to Arlington.”

Texas Rangers Co-Chairmen Ray Davis & Bob Simpson: We’ve had meaningful conversations with Nolan Ryan over the past several weeks and are pleased that our focus is now on working together to win a championship for our fans. Over the years Nolan has made extraordinary contributions to the Texas Rangers organization, both on and off the field, including providing valuable guidance to Jon Daniels and Rick George. His leadership as our chief executive – with both baseball and business operations reporting to him – has been vital to our success and offers us a bright future.”

It’s great news for the Texas Rangers franchise, and their fan base. This move severely needed to pan out for everyone involved.

Following an off-season that saw three very popular Rangers exit, (Young, Napoli, and the Angel) the Rangers couldn’t afford to lose arguably the biggest icon in the team’s history.

Now the team can turn their attention to the rest of the long season, and focus on getting back to the World Series. That is something Ryan and Ownership can definitely agree on.

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