Announced
Completed
Financials
Tags
United States
baseball team
Entertainment
Acquisition
Domestic
Majority
Private
Completed
Friendly
Single Bidder
Synopsis
Diamond Baseball, an organization that owns and operates select minor league clubs affiliated with Major League Baseball, completed the acquisition of Springfield Cardinals, a Minor League Baseball team, from St. Louis Cardinals, a Major League Baseball team. Financial terms were not disclosed. “This transition is an incredible opportunity for the Springfield Cardinals to maintain our close connection to St. Louis while also being part of DBH, which is setting a new standard for innovation and collaboration in minor league baseball. DBH is supportive of what is most important to us in Springfield: a great family-friendly, affordable and accessible Cardinals baseball experience at Hammons Field,” Dan Reiter, Springfield Cardinals Vice President and General Manager.
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