The Lansing Lugnuts, one of the state's three affiliated minor-league organizations, will be sold.
Diamond Baseball Holdings, which owns multiple minor-league teams across the country, has agreed to purchase the High-A affiliate of the Oakland A's, the team announced Wednesday morning. DBH also announced its commitment to Lansing, which has been the home of the team since the mid-1990s.
"We are thrilled to have the opportunity to own such an iconic franchise as the Lugnuts," Peter Freund, CEO of DBH, said in a statement. "We could imagine a better city, ballpark or management team, and we look forward to being part of the Lansing community for years to come.