Diamond Baseball Holdings

Last updated

Diamond Baseball Holdings
Industry Sports management
Founded2021;3 years ago (2021)
Founder Endeavor
Key people
Pat Battle, executive chairman
Peter B. Freund, CEO
Parent Silver Lake
Website diamondbaseballholdings.com

Diamond Baseball Holdings (DBH) is an American sports ownership and management group that operates 35 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.

Contents

History

Established 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

Teams owned by Diamond Baseball Holdings
TeamLocationLeagueClassAffiliateAcquired
Albuquerque Isotopes [5] Albuquerque, New Mexico Pacific Coast League Triple-A Colorado Rockies 2023
Altoona Curve [6] Altoona, Pennsylvania Eastern League Double-A Pittsburgh Pirates 2023
Arkansas Travelers [7] North Little Rock, Arkansas Texas League Double-A Seattle Mariners 2024
Augusta GreenJackets [8] North Augusta, South Carolina Carolina League Single-A Atlanta Braves 2021
Binghamton Rumble Ponies [9] Binghamton, New York Eastern League Double-A New York Mets 2024
Birmingham Barons [10] Birmingham, Alabama Southern League Double-A Chicago White Sox 2023
Charlotte Knights [11] Charlotte, North Carolina International League Triple-A Chicago White Sox 2024
Down East Wood Ducks [12] Kinston, North Carolina Carolina League Single-A Texas Rangers 2023
Fresno Grizzlies [13] Fresno, California California League Single-A Colorado Rockies 2023
Gwinnett Stripers [8] Lawrenceville, Georgia International League Triple-A Atlanta Braves 2021
Harrisburg Senators [14] Harrisburg, Pennsylvania Eastern League Double-A Washington Nationals 2024
Hickory Crawdads [12] Hickory, North Carolina South Atlantic League High-A Texas Rangers 2023
Hudson Valley Renegades [8] Fishkill, New York South Atlantic League High-A New York Yankees 2021
Inland Empire 66ers [15] San Bernardino, California California League Single-A Los Angeles Angels 2024
Iowa Cubs [8] Des Moines, Iowa International League Triple-A Chicago Cubs 2021
Lansing Lugnuts [16] Lansing, Michigan Midwest League High-A Oakland Athletics 2023
Louisville Bats [17] Louisville, Kentucky International League Triple-A Cincinnati Reds 2023
Memphis Redbirds [8] Memphis, Tennessee International League Triple-A St. Louis Cardinals 2021
Midland RockHounds [18] Midland, Texas Texas League Double-A Oakland Athletics 2022
Mississippi Braves [8] Pearl, Mississippi Southern League Double-A Atlanta Braves 2021
New Hampshire Fisher Cats [19] Manchester, New Hampshire Eastern League Double-A Toronto Blue Jays 2023
Norfolk Tides [20] Norfolk, Virginia International League Triple-A Baltimore Orioles 2023
Oklahoma City Baseball Club [8] Oklahoma City, Oklahoma Pacific Coast League Triple-A Los Angeles Dodgers 2021
Portland Sea Dogs [18] Portland, Maine Eastern League Double-A Boston Red Sox 2022
Rome Emperors [8] Rome, Georgia South Atlantic League High-A Atlanta Braves 2021
Salem Red Sox [21] Salem, Virginia Carolina League Single-A Boston Red Sox 2023
San Jose Giants [8] San Jose, California California League Single-A San Francisco Giants 2021
Scranton/Wilkes-Barre RailRiders [8] Moosic, Pennsylvania International League Triple-A New York Yankees 2021
Springfield Cardinals [22] Springfield, Missouri Texas League Double-A St. Louis Cardinals 2023
St. Paul Saints [23] Saint Paul, Minnesota International League Triple-A Minnesota Twins 2023
Tulsa Drillers [24] Tulsa, Oklahoma Texas League Double-A Los Angeles Dodgers 2023
Vancouver Canadians [25] Vancouver, British Columbia Northwest League High-A Toronto Blue Jays 2023
Wichita Wind Surge [18] Wichita, Kansas Texas League Double-A Minnesota Twins 2022
Winston-Salem Dash [26] Winston-Salem, North Carolina South Atlantic League High-A Chicago White Sox 2024
Worcester Red Sox [27] Worcester, Massachusetts International League Triple-A Boston Red Sox 2023

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References

  1. ↑ 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.
  2. ↑ Reichard, Kevin (August 9, 2022). "Diamond Baseball Holdings shifts from Endeavor ownership to Silver Lake". Ballpark Digest. August Publications. Retrieved September 2, 2023.
  3. ↑ Zee, Michaela (August 10, 2022). "Endeavor to Sell Diamond Baseball Holdings to Silver Lake". Variety . Retrieved September 2, 2023.
  4. ↑ 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.
  5. ↑ Reichard, Kevin (October 17, 2023). "Norfolk Tides, Albuquerque Isotopes Sold to Diamond Baseball Holdings". Ballpark Digest. August Publications. Retrieved October 19, 2023.
  6. ↑ Mozes, Jon (June 28, 2023). "Altoona Curve Celebrates Its Next Chapter with Diamond Baseball Holdings". MiLB.com. Retrieved September 2, 2023.
  7. ↑ "Travelers Build on Long-Running History Under New Ownership, Diamond Baseball Holdings". MiLB.com. Minor League Baseball. May 9, 2024. Retrieved May 12, 2024.
  8. 1 2 3 4 5 6 7 8 9 10 Lepp, Mike (August 10, 2022). "GreenJackets owner Diamond Baseball Holdings bought by Silver Lake". WJBF . Retrieved September 2, 2023.
  9. ↑ "Diamond Baseball Holdings Agrees to Buy Mets Double-A Rumble Ponies". Sportico. April 26, 2024. Retrieved April 26, 2024.
  10. ↑ Reitz, Ian (September 12, 2023). "Birmingham Barons sold to new ownership group". WVTM. Retrieved September 13, 2023.
  11. ↑ 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.
  12. 1 2 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.
  13. ↑ Cardenas, Matthew (November 7, 2023). "Fresno Grizzlies sold to company that operates multiple minor league teams". ABC30 Action News . Retrieved November 12, 2023.
  14. ↑ 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.
  15. ↑ "Inland Empire 66ers Welcome New Owners Diamond Baseball Holdings". 66ers.com. March 27, 2024. Retrieved March 27, 2024.
  16. ↑ 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.
  17. ↑ "Louisville Bats Begin New Chapter with Diamond Baseball Holdings". Louisville Bats. Minor League Baseball. December 5, 2023. Retrieved December 6, 2023.
  18. 1 2 3 Reichard, Kevin (December 6, 2022). "DBH acquisition of Midland RockHounds confirmed". Ballpark Digest. August Publications. Retrieved September 3, 2023.
  19. ↑ "New Hampshire Fisher Cats Sold to Diamond Baseball Holdings". New Hampshire Fisher Cats. Minor League Baseball. December 5, 2023. Retrieved December 6, 2023.
  20. ↑ "Norfolk Tides Look Forward to Continued Success with New Owner Diamond Baseball Holdings". Norfolk Tides. October 17, 2023. Retrieved October 17, 2023.
  21. ↑ 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.
  22. ↑ "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.
  23. ↑ 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.
  24. ↑ "Tulsa Drillers Sold to Diamond Baseball Holdings". tulsadrillers.com. October 3, 2023. Retrieved March 27, 2024.
  25. ↑ Little, Simon (April 4, 2023). "Vancouver Canadians baseball club sold to U.S. firm". Global News . Retrieved September 3, 2023.
  26. ↑ "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.
  27. ↑ Silverman, Michael (November 30, 2023). "Worcester Red Sox Sold: Agreement reached to sell team to Diamond Baseball Holdings". Global News . Retrieved November 30, 2023.
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