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Private Equity Now Owns More Than 40 Minor League Baseball Teams, And The Number Keeps Growing

Summary by Defector
Private equity is the steamroller that crushes all your favorite things. Journalism, for one, and also a once iconic toy store; even bowling these days. Now it has come for minor league baseball, where in little more than three years one private equity firm has managed to buy up a healthy percentage of the MiLB teams in the United States.  Diamond Baseball Holdings, a company backed by the private equity firm Silver Lake, has acquired 45 Minor L…

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Defector broke the news in on Thursday, July 10, 2025.
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