Diamond Baseball Holdings (DBH) is an American sports ownership and management group that operates 36 Minor League Baseball (MiLB) teams in the United States and Canada. DBH was established in 2021 by media conglomerate Endeavor and is a subsidiary of the investment firm Silver Lake.
Industry | Sports management |
---|---|
Founded | 2021 |
Founder | Endeavor |
Key people | Pat Battle, executive chairman Peter B. Freund, CEO |
Parent | Silver Lake |
Website | diamondbaseballholdings |
History
editEstablished in 2021 by media conglomerate Endeavor, the organization originally was the owner and operator of nine MiLB clubs.[1] In 2022, ownership of DBH shifted from Endeavor to Silver Lake, parent company of Endeavor.[2][3]
As of March 2024, DBH has received more than $275 million in tax preferences for MiLB teams that they own.[4]
Teams
editReferences
edit- ^ McGreevy, Maura (December 8, 2021). "Endeavor Creates Diamond Baseball Holdings, Signs Agreements to Acquire Multiple MLB Professional Development League Clubs". Business Wire. Retrieved September 2, 2023.
- ^ Reichard, Kevin (August 9, 2022). "Diamond Baseball Holdings shifts from Endeavor ownership to Silver Lake". Ballpark Digest. August Publications. Retrieved September 2, 2023.
- ^ Zee, Michaela (August 10, 2022). "Endeavor to Sell Diamond Baseball Holdings to Silver Lake". Variety. Retrieved September 2, 2023.
- ^ Pillsbury, Maura (March 20, 2024). "8 reasons to call foul on a Sea Dogs tax subsidy". Maine Center for Economic Policy. Archived from the original on May 10, 2024. Retrieved September 15, 2024.
- ^ Reichard, Kevin (October 17, 2023). "Norfolk Tides, Albuquerque Isotopes Sold to Diamond Baseball Holdings". Ballpark Digest. August Publications. Retrieved October 19, 2023.
- ^ Mozes, Jon (June 28, 2023). "Altoona Curve Celebrates Its Next Chapter with Diamond Baseball Holdings". MiLB.com. Retrieved September 2, 2023.
- ^ "Travelers Build on Long-Running History Under New Ownership, Diamond Baseball Holdings". MiLB.com. Minor League Baseball. May 9, 2024. Retrieved May 12, 2024.
- ^ a b c d e f g h i j Lepp, Mike (August 10, 2022). "GreenJackets owner Diamond Baseball Holdings bought by Silver Lake". WJBF. Retrieved September 2, 2023.
- ^ "Diamond Baseball Holdings Agrees to Buy Mets Double-A Rumble Ponies". Sportico. April 26, 2024. Retrieved April 26, 2024.
- ^ Reitz, Ian (September 12, 2023). "Birmingham Barons sold to new ownership group". WVTM. Retrieved September 13, 2023.
- ^ Viola, Tommy (June 25, 2024). "Charlotte Knights Announce Sale, Welcome Diamond Baseball Holdings as New Owner". MiLB.com. Minor League Baseball. Retrieved June 26, 2024.
- ^ Cardenas, Matthew (November 7, 2023). "Fresno Grizzlies sold to company that operates multiple minor league teams". ABC30 Action News. Retrieved November 12, 2023.
- ^ De Martini, Tom (April 10, 2024). "Harrisburg Senators baseball club sold, will continue to play at FNB Field". pennlive.com. Advance Local Media LLC. Retrieved April 16, 2024.
- ^ a b Miller, Chris (May 23, 2023). "Kinston losing baseball again: Texas Rangers to sell Down East Wood Ducks". Sun Journal. New Bern, North Carolina. Retrieved September 2, 2023.
- ^ "Inland Empire 66ers Welcome New Owners Diamond Baseball Holdings". 66ers.com. March 27, 2024. Retrieved March 27, 2024.
- ^ Calloway, Brian; Couch, Graham (March 8, 2023). "Lansing Lugnuts to be sold to Diamond Baseball Holdings, pending city's approval". Lansing State Journal. Retrieved September 3, 2023.
- ^ "Louisville Bats Begin New Chapter with Diamond Baseball Holdings". Louisville Bats. Minor League Baseball. December 5, 2023. Retrieved December 6, 2023.
- ^ a b c Reichard, Kevin (December 6, 2022). "DBH acquisition of Midland RockHounds confirmed". Ballpark Digest. August Publications. Retrieved September 3, 2023.
- ^ "New Hampshire Fisher Cats Sold to Diamond Baseball Holdings". New Hampshire Fisher Cats. Minor League Baseball. December 5, 2023. Retrieved December 6, 2023.
- ^ "Norfolk Tides Look Forward to Continued Success with New Owner Diamond Baseball Holdings". Norfolk Tides. October 17, 2023. Retrieved October 17, 2023.
- ^ "Omaha Storm Chasers Welcome Diamond Baseball Holdings as New Owner". September 24, 2024. Retrieved September 24, 2024.
- ^ Sordelett, Damien (March 17, 2023). "Fenway Sports Group agrees to sell Salem Red Sox to Diamond Baseball Holdings". The Roanoke Times. Retrieved September 3, 2023.
- ^ "Springfield Cardinals announce new ownership organization; will continue to be AA affiliate of the St. Louis Cardinals". KY3. May 1, 2023. Retrieved September 3, 2023.
- ^ Johnson, Brooks (March 15, 2023). "After 30 years, St. Paul Saints founders sell team to new ownership group". Star Tribune. Minneapolis, Minnesota. Retrieved September 3, 2023.
- ^ "Tulsa Drillers Sold to Diamond Baseball Holdings". tulsadrillers.com. October 3, 2023. Retrieved March 27, 2024.
- ^ Little, Simon (April 4, 2023). "Vancouver Canadians baseball club sold to U.S. firm". Global News. Retrieved September 3, 2023.
- ^ "Winston-Salem Dash to Begin Next Chapter with New Owner Diamond Baseball Holdings". MiLB.com. Minor League Baseball. April 3, 2024. Retrieved April 16, 2024.
- ^ Silverman, Michael (November 30, 2023). "Worcester Red Sox Sold: Agreement reached to sell team to Diamond Baseball Holdings". Global News. Retrieved November 30, 2023.