Chan Ho Park becomes first Korean to buy stake in Athletics ownership group
Yahoo Sports • 2 min read • Latest: Jul 27, 2026, 5:00 AM
Last updated Jul 27, 2026
Chan Ho Park has joined the ownership group of the Oakland Athletics, making him the first Korean to purchase a stake in a Major League Baseball club. This investment comes as the Athletics prepare to relocate to Las Vegas in 2028. Park, a former pitcher who played 17 seasons in MLB, will serve as a senior adviser to owner John Fisher. The investment group, Team61, will contribute a total of $70 million, pending Major League Baseball's approval for a $15 million portion. Park emphasizes the importance of connecting Korea and the United States in baseball.
- •Chan Ho Park invests in the Oakland Athletics' ownership group.
- •Park is the first Korean to hold a stake in an MLB team.
- •Team61's investment totals $70 million, pending approval.
- •Athletics will move to Las Vegas in 2028.
- •Park served 17 seasons in MLB with a record of 124-98.
- 5:00 PMYahoo Sports — Former Trailblazing Dodgers Pitcher Buys Stake in Athletics
- 6:24 AMESPN MLB — Ex-pitcher Chan Ho Park joins A's ownership group
- 5:00 AMYahoo Sports — Chan Ho Park becomes first Korean to buy a stake in an MLB club by joining Athletics group
"Former pitcher Chan Ho Park became the first Korean to purchase a stake in a major league club, the second significant addition in the past week to the Athletics' ownership structure as they prepare to move to Las Vegas in 2028. Park, the first Korean major league player who pitched 17 seasons (1994-2010), going 124-98, also will take on the title of senior adviser to owner John Fisher. The investment group, Team61, announced Sunday night its investment will total $70 million, of which $55 million is committed with another $15 million if Major League Baseball approves the deal.
"Former pitcher Chan Ho Park became the first Korean to purchase a stake in a major league club, the second significant addition in the past week to the Athletics' ownership structure as they prepare to move to Las Vegas in 2028.
"Former Los Angeles Dodger and longtime MLB pitcher Chan Ho Park invested $70 million in the Athletics ahead of their Las Vegas move.
Sources
External links- Yahoo SportsJul 28, 2026, 5:00 PMFormer Trailblazing Dodgers Pitcher Buys Stake in Athletics
Former Los Angeles Dodger and longtime MLB pitcher Chan Ho Park invested $70 million in the Athletics ahead of their Las Vegas move.
- ESPN MLBJul 27, 2026, 6:24 AMEx-pitcher Chan Ho Park joins A's ownership group
Former pitcher Chan Ho Park became the first Korean to purchase a stake in a major league club, the second significant addition in the past week to the Athletics' ownership structure as they prepare to move to Las Vegas in 2028.
- Yahoo SportsJul 27, 2026, 5:00 AMChan Ho Park becomes first Korean to buy a stake in an MLB club by joining Athletics group
Former pitcher Chan Ho Park became the first Korean to purchase a stake in a major league club, the second significant addition in the past week to the Athletics' ownership structure as they prepare to move to Las Vegas in 2028. Park, the first Korean major league player who pitched 17 seasons (1994-2010), going 124-98, also will take on the title of senior adviser to owner John Fisher. The investment group, Team61, announced Sunday night its investment will total $70 million, of which $55 million is committed with another $15 million if Major League Baseball approves the deal.
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