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Report: Nolan Ryan lost millions in Rangers shares

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09:23 AM ET 10.20 | Back in 2010, Nolan Ryan jumped into the ownership group that bought the Rangers. Three years later, that investment doesn't appear to have paid off, at least from a monetary standpoint. According to Forbes, Ryan lost money in his ownership stake. Forbes says the team was bought with $225 million of equity and Ryan had a six percent ownership stake, a value of about $13 million. But as the team's value rised, Ryan's ownership share decreased to about one percent after he declined to participate in cash calls to cover his share of the team's losses, leaving his share at about $7 million when he announced his retirement and sold his share in the team this week.

Dallas Morning News

Nolan Ryan, Getty Images Nolan Ryan, Getty Images
October 20, 2013  09:52 AM ET

What? $13 million equity going in, $10 million buy out coming out. Whoa Mr. writer. Who ever said the original $13 million was his money to begin with? He had backers, and unless that $13 million was cash put in to an account and not just a paper maneuver, then how does he lose squat?

He most likely was buying on margin to begin with. I seriously doubt Nolan lost money in this deal.

October 20, 2013  09:59 AM ET

What was his salary during this time?

October 20, 2013  10:09 AM ET
QUOTE(#2):

What was his salary during this time?

Not buying any of this story as far as money goes. None of it. Nolan is jerk, but he is a smart jerk.

October 20, 2013  01:04 PM ET
QUOTE(#3):

Not buying any of this story as far as money goes. None of it. Nolan is jerk, but he is a smart jerk.

A jerk, a juicer and wildly overrated as a pitcher and an executive.

<runs like hell>

October 20, 2013  01:06 PM ET
QUOTE(#3):

Not buying any of this story as far as money goes. None of it. Nolan is jerk, but he is a smart jerk.

And Dave Winfield kicked his a(s)s.

October 20, 2013  04:21 PM ET

Glad to hear the team's value rised, as they say in Texas.

Comment #7 has been removed
October 20, 2013  08:17 PM ET

Next stop Houston?

 
October 21, 2013  05:39 PM ET
QUOTE(#7):

You should. If anything, underrated as a pitcher. Never a juicer (you really are stupid),and I see no evidence of his being a jerk. In fact, great role model.

You are one of the biggest idiots on this board. Seriously.

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