… 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 . His first known job was as Chief Operating Officer (COO) at Colt Industries in 1982, a position in which he served until 1988. His interests include ranching, bird hunting and reading. ... Ray Davis is not that guy. [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. 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. He is co-owner and co-chairman of the Texas Rangers of Major League Baseball (MLB). 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. Mr. Davis has offices in Dallas and at Globe Life Field. 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. Since he became a Principal owner in August 2010, the Rangers have won four A.L. pennants and advanced to Postseason play five times. 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 Davis is Chairman and Chief Executive Officer of Avatar Investments, L.P. (“Avatar”), a family-owned diversified investment company. 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. 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. One-hundred thirty-five million dollars of the total would come from a city-created finance authority, and an Opening Day 1994 goal is set for completion. 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. He is co-owner and co-chairman of the Texas Rangers of Major League Baseball (MLB). West Division titles and two A.L. But he flies notoriously under the radar. The same year he started the investment and management company, Capstone Partners. He resides in North Texas with his wife, Linda, and has three adult children, who live in the Dallas/Fort Worth area. 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. 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. [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. In 1994, he cofounded Energy Transfer Partners (ETP), which was then taken public in 2004. Ray Davis and fellow billionaire Kelcy Warren founded natural gas distributor and pipeline company Energy Transfer in 1995 and built it into a giant. The Texas Rangers Major League Baseball franchise was established in 1961 as the … That didn’t happen. During the 2016 cycle, Davis contributed $102,700 to the failed Republican presidential … Davis and Bob R. Simpson provided the majority of the $593 million sale price. Just not with the team they expected. 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. The Rangers co-chairman addressed writers on Wednesday afternoon. Mr. Davis has presided over a period of unprecedented growth in the franchise from a business and community perspective. ST. PETERSBURG, Fla. -- We knew some of the names of owners of the Texas Rangers, but not the complete list. It was a tough season for the Texas Rangers, and owner Ray Davis isn't pleased with how his team performed. [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. 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 also played a significant role in the National Medal of Honor Museum’s planned move to Arlington. … Mr. Davis has presided over a period of unprecedented growth in the franchise from a business and community perspective. Mr. Davis is currently Majority Owner, Chairman, and Managing Partner of the Texas Rangers. 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. Davis … West Division titles and two A.L. It wasn’t money well spent for Texas Rangers owner Ray Davis. [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. Texas Rangers furlough about 60 employees: 'I wish there was another way' Owner Ray Davis cited severe financial consequences of the coronavirus-caused shutdown. 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! Ray C. Davis: The Undercover Billionaire He’s made a fortune in the energy business and co-owns the Texas Rangers baseball club. 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). 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. Ray Davis, co-owner and co-chairman of the Texas Rangers, photographed Wednesday, April 1, 2015 at Globe Life Ballpark in Arlington, Texas. Hasn’t Always Been Successful in Business. 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. 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. 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. 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