"Today, I have submitted my resignation from the job I love – managing the Rangers – in order to devote my full attention to addressing an off-the-field personal matter," Washington said in a statement. "As painful as it is, stepping away from the game is what's best for me and my family."
Bench coach Tim Bogar was named interim manager.
Washington was in his eighth season as the Rangers' manager, compiling a 664-611 record and winning the American League pennant in 2010 and '11.
This season the Rangers have the worst record in baseball at 53-87.
"This is in no way related to the disappointing performance of the team this season," said Washington, 62, who had one year remaining on his contract. "We were already discussing 2015 and looking forward to getting the Rangers back to postseason contention.
"I deeply regret that I've let down the Rangers organization and our great fans. Over the past eight seasons, it's been a privilege to be part of some of the best years in club history and I will always be grateful for the opportunities I've had here, and for the great management, players, and coaches who have made our time here a success. Thank you for respecting my privacy."
In 2010, Washington admitted to testing positive for cocaine just before the All-Star break in July 2009. The test was administered by Major League Baseball. He offered to resign as manager, but the remained in the position and was not subject to any discipline by MLB or the Rangers.
"I made a mistake," Washington told USA TODAY in March 2010. "I thought it was all behind me. I've done everything Major League Baseball has asked me to do."
Rangers general manager Jon Daniels confirmed in a statement that the team was planning on Washington remaining as the manager despite a disappointing season.
"Ron Washington informed us today that he has chosen to resign as Rangers manager in order to turn his full attention to addressing an off-the-field personal matter," Daniel said.
"While we are disappointed, we accept Ron's decision and are grateful for his many contributions to the Rangers organization over the last eight years. This has certainly been a difficult season for our major league club in terms of on-field performance, but we were looking forward to moving ahead with Ron as our manager in 2015."
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