Rangers owner Brad Corbett whose ownership lasted from 1974 to 1980, died on Christmas Eve. He was 75.

The former Texas Ranger owner died during his sleep Monday, his daughter Pamela Corbett Murrin told the Associated Press. He was known for constantly changing managers or players in the team.

The team released the following statement:

"The Texas Rangers are saddened to hear of the death of Brad Corbett, who passed away on Monday at the age of 75.

Mr. Corbett was the Principal Owner of the Texas Rangers from May 29, 1974 to April 29, 1980. 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.

The spirit in which Mr. Corbett served as Owner of the Rangers will be remembered always. The organization extends its deepest sympathies to his family and friends on his passing."

Corbett made a fortune with a plastic-piping and chemical tubing business which he started with a $300,000 loan from the Small Business Administration.

In 1980 he sold the team to oil man Eddie Chiles, when the Rangers were in a financial turmoil.

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