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.............................. Texas Rangers MLB Baseball Club
Logo and Trademark..............................
The Texas Rangers are a professional baseball team based in Arlington, Texas. The Rangers are a member of the Western Division of Major League Baseball's American League. From 1994 to the present, the Rangers have played in Rangers Ballpark in Arlington. The "Rangers" name originates from the famous law enforcement agency of the same name.
An expansion franchise, the club was founded in Washington DC in 1961. Then the Washington Senators (not to be confused with the Washington Senators that left DC after 1960 to become the Minnesota Twins), the team moved to Arlington in 1972 and became the Rangers. The Rangers are one of four teams to have never played in a World Series, having never won a league championship.
On March 19, 2007 the Rangers announced the termination of the agreement with Ameriquest Mortgage Company on ballpark naming rights. The team's stadium will now be known as Rangers Ballpark in Arlington. The Rangers negotiated a 30-year, US$75 million naming rights agreement with Ameriquest three years ago. Although Ameriquest has since experienced financial difficulties, club president Jeff Cogen said the Rangers were more concerned about getting their name back on the ballpark rather than what was happening with Ameriquest. "It's all about the brand," Cogen said. The Rangers lose US$2.5 million per year from the naming rights but get back a number of advertising outlets at the ballpark that were included in the Ameriquest deal.
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