Dallas, TX, United States (4E Sports) – Brad Corbett, the former owner of the Texas Rangers, died in his sleep on Christmas Eve at the age of 75.
His daughter confirmed the death, noting that her father seem healthy recently, according to Yahoo! Sports.
“His tenure as owner was marked by a passion and drive to bring a winning team to the fans of North Texas. During his ownership, the Rangers produced their first four winning seasons and finished second three times. Texas’ 94 victories in 1977 remained the most in team history until 1999,” read a statement issued by the Texas Rangers.
Corbett owned the team from 1974 through 1980 and was often involved in decision-making for the team.
He was perhaps best known for frequently changing managers and trading away three future Hall of Fame pitchers.
Under Corbett’s direction, the team saw six managers go through the doors in six years — four during the 1977 season alone.
He initially made his money in the plastics industry where he turned a $300,000 Small Business Administration loan into a multimillion-dollar company.
He purchased the team from Bob Short after the Rangers were moved to Texas from Washington D.C. and sold it to Eddie Chiles, a Fort Worth, Texas oil man, in 1980.