Jeff Wilson of the Fort Worth Star-Telegram broke the news:
Jeff Wilson @JeffWilson_FWST
Per Randy Galloway, a source says that #Rangers are expected to announce shortly that Nolan Ryan will stay with the club as CEO.2013-4-10 23:00:38
Ryan, who wrapped up his storied 27-year career with the franchise, has served in a prominent role with the Rangers as an executive and is even part of the team's ownership group.
In a radio interview in March, president of baseball operations Jon Daniels didn't rule out that Ryan was thinking about leaving his position.
As ESPN Dallas' Todd Willis notes, the Rangers promoted general manager Jon Daniels to his current post and Rick George to president of business operations on March 1—a new power structure that stripped Ryan of his title as team president.
Kirk Bohls of the American Statesman reported in late March that there was a "70-30" chance that Ryan would leave (h/t Jeff Passan of Yahoo! Sports), and the developments have understandably put a strain on the relationship between the two sides. But it appears that the Hall of Fame great is prepared to work the issues out.
Said Ryan in a statement, via Willis and ESPN Dallas:
After productive discussions the last several weeks with Ray Davis and Bob Simpson about the structure of our organization, together we are moving forward. In my role as CEO, I am focused on working closely with ownership and with Jon Daniels and Rick George to build on the success of the past five years and to bring a championship to Arlington.
Changes needed to be made after last year's collapse down the stretch cost Texas the American League West division, yet it seems the reduced role for Ryan caught him off guard.
To Jon Daniels' credit, he has made several brilliant moves since being hired as the youngest GM in MLB history at age 28. As Bohls points out, Daniels was the architect of the Mark Teixeira deal that landed the Rangers three future All-Stars in Elvis Andrus, Neftali Feliz and Matt Harrison.
The Rangers have started the 2013 campaign rather well with a 6-3 record, and Ryan looks determined to see it through so that the organization finally breaks through for its first World Series title.