Bluebird Banter · 41m
The 2027 Lockout Preview – The Owners
Historically, baseball teams were typically owned by people who bought them specifically to make the team itself their primary business; box office, merchandise, advertising and sponsorship and later, radio and then television revenue. However, that began to change around the early 60s, accelerating in the 70s and 80s. Teams started to see more corporate ownership, early ownership groups, and most often, teams purchased by men who had made their fortunes well outside of baseball and then acquired teams as part of their overall portfolios. Now, most teams have some form of limited ownership group in place, with the majority share held by someone who acquired the team as an investment after making their money elsewhere.