their division for long stretches of the summer before fading after September 1, losing the division to the Los Angeles Angels. The Rangers finished the season at 87–75, their first winning season since 2004 and good enough for second place in the AL West. Michael Young responded to his move to third base by posting one of his best offensive seasons ever while committing just nine errors and earning a sixth-straight All-Star appearance. Josh Hamilton and Nelson Cruz were also named 2009 AL All-Stars. Rangers Baseball Express, LLC Following financial problems, including defaulting on a $525 million loan, Tom Hicks and Hicks Sports Group reached an agreement to sell the Texas Rangers to group headed by Pittsburgh sports lawyer Chuck Greenberg and Rangers team president Nolan Ryan for approximately $570 million on January 22, 2010. Hicks also sold much of the land surrounding Rangers Ballpark to Greenberg and Ryan's group in a separate deal. However, one of HSG's principal lenders, Monarch Alternative Capital, opposed the sale on grounds that the proceeds would not fully repay the defaulted HSG notes. On April 21, Major League Baseball issued a statement declaring the Rangers' sale to be under the control of the Commissioner to expedite the process. As the stalemate between HSG and its creditors continued, the Texas Rangers filed for Chapter 11 bankruptcy on May 24. As of that date, the Rangers and HSG had an estimated debt of $575 million. Much of the unsecured debt was owed in back salary. Yankees third baseman Alex Rodriguez topped the list of unsecured creditors with an estimated $24.9 million owed by the Rangers. The sale would repay all the team's creditors, including Rodriguez and other players owed back salary. Following a court-ordered public auction to be held on August 4 with the winning bid submitted by Greenberg/Ryan, the bankruptcy court closed the case. The sale to Greenberg/Ryan was approved by all 30 MLB owners at the owners meeting in Minneapolis on August 12. The new ownership group was called Rangers Baseball Express, LLC and had Chuck Greenberg serving as managing general partner and Nolan Ryan as club president. Oil magnates Ray Davis and Bob R. Simpson paid the bulk of the $539 million sale price, and became co-chairmen, with the largest stakes in the ownership group. However, they remained mostly in the background as senior consultants, leaving the team mostly in Greenberg and Ryan's