Announced

Silver Lake-backed Diamond Baseball to acquire Syracuse Mets and Brooklyn Cyclones from Cohen Private Ventures.

Synopsis

Silver Lake-backed Diamond Baseball, a company that owns and operates select Minor League Baseball teams, agreed to acquire Syracuse Mets and Brooklyn Cyclones, a Minor League Baseball clubs from Cohen Private Ventures, a venture capital firm. Financial terms were not disclosed. "These two franchises each uniquely embody what MiLB is all about. The Cyclones carry on the rich legacy of professional baseball in Brooklyn, where their connection to the community keeps the game's vibrant tradition thriving in New York City’s most populous borough. The Syracuse Mets are a cornerstone of Central New York, where the franchise has deeply connected with the community while drawing fans from across the region for generations. We’re thrilled to add both to our roster and continue growing our relationship with the Mets. We look forward to enhancing the distinct fan experience at Maimonides Park and NBT Bank Stadium while ensuring both ballparks remain year-round destinations for affordable, family-friendly entertainment for years to come,” Pat Battle and Peter Freund, DBH Executive Chairman and CEO.

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