Diamond Baseball Holdings seeks to acquire more minor league teams

Yahoo Sports1 min read • Latest: Sep 15, 2026, 7:44 PM

Last updated Sep 15, 2026

Diamond Baseball Holdings seeks to acquire more minor league teams
Summary

Diamond Baseball Holdings (DBH) is actively pursuing additional minor league teams, having already acquired 49 out of 120 affiliated clubs. CEO Peter Freund highlighted the company's strategy to enhance operations and efficiencies within Minor League Baseball at an event on September 15, 2026, in New York. DBH's approach follows MLB's relaxed ownership rules implemented after a 2021 reorganization, which allowed for larger holdings. The company aims to activate ballparks year-round, taking inspiration from successful developments in professional sports. Freund did not specify a target number of teams for future acquisitions but expressed interest in all available clubs.

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By the Numbers
  • DBH has acquired 49 minor league teams in under five years.
  • The company is interested in ‘any and all’ affiliated clubs.
  • MLB's 2021 changes facilitated DBH's growth strategy.
  • DBH plans to activate ballparks throughout the year.
  • Peter Freund spoke at the Front Office Sports event on September 15.
Latest Updates
  • 7:44 PMYahoo SportsDiamond Baseball Holdings Interested in ‘Any and All’ Minor League Teams
What they're saying
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The Silver Lake-backed entity remains on the hunt for more teams.

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