Chuck Greenberg, the attorney who is reportedly close to buying the Carolina Hurricanes from Peter Karmanos Jr. for $500 million, has owned a major pro sports franchise before, albeit briefly.
Greenberg – who would plan to keep the Canes in Raleigh, according to a Bloomberg News report – was part of a group that bought Major League Baseball’s Texas Rangers in August 2010, serving as CEO and managing partner of the Rangers when they played in the 2010 World Series. But seven months after joining the team, Greenberg was forced out and sold his share of the Rangers due to differences of opinion with management.