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AS SCHIEFFER STEPS DOWN, HICKS LOOKS TO INCREASE THE SYNERGY

          Rangers President Tom Schieffer is resigning from his
     position after 10 years with the team, according to Evan
     Grant of the DALLAS MORNING NEWS.  Rangers Owner Tom Hicks
     "acknowledged" that Schieffer's role with the team had
     "changed" since he purchased the Rangers last year: "He has
     gone from representing the owners to working for an owner. 
     It is different.  I think that did play a part in his
     decision."  Schieffer declined to comment on his changed
     role with the team, but said, "We've done a lot here."  
     Schieffer plans to remain with the team as a consultant,
     where his "primary role will be to shape the development" of
     the 270 acres around The Ballpark in Arlington that were
     included in the $250M purchase price Hicks paid for the
     Rangers.  The goal is to eventually create a "downtown
     Arlington" around the ballpark.  Schieffer will also "help
     enhance" the team's Latin American facilities, and he
     "didn't rule out the possibility" of becoming involved in
     the presidential campaign of TX Gov. and former Rangers
     Partner George W. Bush.  Hicks said that Schieffer would
     continue his duties as Rangers President until the team
     finds a replacement, a process that "should take several
     weeks."  Schieffer's successor will report to Southwest
     Sports Group COO Michael Cramer.  This "represented a change
     of job description" for Schieffer, who started out reporting
     directly to Hicks after he purchased the team (DALLAS
     MORNING NEWS, 4/30).  In Ft. Worth, Sean Wood reports that
     Rangers execs said that Schieffer "was used to being in
     control," and that some of his autonomy "disappeared" after
     Hicks bought the team (FT. WORTH STAR-TELEGRAM, 4/30).  In 
     Dallas, Kevin Blackistone writes, "Make no mistake, The
     Ballpark is Schieffer's legacy with the Rangers. ...
     Unfortunately for Schieffer, his new entrepreneurial owner
     probably used a measuring stick other than aesthetics to
     compare those other retro stadiums against The Ballpark. 
     Like, say, attendance" (DALLAS MORNING NEWS, 4/30).
          MEET THE NEW BOSS, WILL THERE BE A NEW BOSS? Hicks, who
     also owns the Stars, "did not dismiss the possibility of
     having no successor to Schieffer."  Hicks: "We're trying to
     figure out how to take the best of both teams and get the
     most synergies possible" (FT. WORTH STAR-TELEGRAM, 4/30).
          DEVELOPING STORY: In Dallas, Richard Alm writes that
     the proposed project around The Ballpark could span four
     million sq. ft. of land next to Interstate 30 with access to
     Dallas/Ft. Worth Int'l Airport (DALLAS MORNING NEWS, 4/30). 
     

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