Endeavor Acquiring Minor League Baseball Teams, Creates New Subsidiary

Endeavor Acquiring Minor League Baseball Teams, Creates New Subsidiary

Endeavor, Major League Baseball

12/8/2021 4:44:00 PM

Endeavor Acquiring Minor League Baseball Teams, Creates New Subsidiary

The owner of UFC and WME will buy affiliates of the Atlanta Braves, New York Yankees and other teams through Diamond Baseball Holdings.

is getting into the baseball business.The owner of WME, UFC and IMG says that it is creating a new subsidiary, Diamond Baseball Holdings, which will own and operate a number ofMLBProfessional Development League clubs. Terms of the deals were not disclosed.

The company will operate the Triple Affiliates of the New York Yankees (the Scranton/Wilkes Barre RailRiders), Chicago Cubs (Iowa Cubs), St. Lous Cardinals (Memphis Redbirds) and the Atanta Braves (Gwinnett Stripers). The company will also operate all of the Braves’ other minor league teams, as well as the Single A affiliate of the San Francisco Giants, and the High-A affiliate of the Yankees. It is also in talks to acquire other minor league teams.

Read more: Hollywood Reporter »

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