Texas Rangers president Nolan Ryan smiles after concluding a news conference in Arlington, Texas, Thursday, Aug. 5, 2010. The Rangers exited federal bankruptcy protection on Thursday, little more than 12 hours after Hall of Fame pitcher Ryan's group bought the team at a marathon auction. Major League Baseball is expected to formally approve Ryan and sports attorney Chuck Greenberg as the team's new owners next week. (AP Photo/LM Otero)
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