The Texas Rangers have sold the Hickory Crawdads and the Down East Wood Ducks to Diamond Baseball Holdings, per an announcement released this morning. The Crawdads are the Rangers’ high-A affiliate, while the Wood Ducks are the team’s low-A affiliate.
The Rangers had acquired these teams several years ago, and as Tepid explains, this was part of an effort to stabilize the relationships between the major league franchise and the minor league affiliates, in order to ensure continuity from year to year. Tepid notes that the Rangers have development agreements in place with both Hickory and Down East through 2030, so they are locked in through the end of the decade.