MLB owners have approved the sale of the Astros from Drayton McLane to Jim Crane, commissioner Bud Selig announced today, according to Danny Knobler of CBSSports.com (all Twitter links). The commissioner also confirmed that the Astros will move to the American League West in 2013.
Alyson Footer, the Astros' Senior Director of Social Media, reports that the move to the AL was mandatory for the sale to be approved (Twitter links). Crane told Jeff Wilson of The Fort Worth Star-Telegram that he Rangers are the model he'd like to follow as the team rebuilds. The Astros finished the worst record in baseball this season at 56-106, and they haven't finished higher than third place in the NL Central since 2006.
Mike Axisa contributed to this post.