MLB Commissioner: We have an open investigation on Boston Red Sox
MLB Commissioner Rob Manfred, during an exclusive interview with FOXBusiness’ Maria Bartiromo, discusses the sign-stealing scandal, the use of technology, and robot umpires.
Major League Baseball’s richest team owners include multibillionaires and powerful businesspeople across real estate, private equity and other fields.
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Deep pockets are required to buy an MLB team. The average franchise valuation was $1.78 billion as of last April, according to Forbes.
A recent change to MLB’s bylaws could alter the ownership landscape. MLB allows private equity firms to acquire minority stakes in its teams, potentially shifting ownership from wealthy individuals to funds looking for alternative investments.
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Meanwhile, MLB team owners remain a powerful voice guiding the league’s direction. FOX Business breaks down baseball’s richest individual owners below, according to Forbes’ calculations.
Ted Lerner, Washington Nationals