Private equity firm Silver Lake-backed Diamond Baseball Holdings has aggressively acquired 45 Minor League Baseball teams since its inception in late 2021, owning over 35 percent of all MiLB teams in the United States. This activity has not halted for significant league meetings, as evidenced by DBH's announcement of five new acquisitions during last year’s MLB winter meetings. The acquisitions prompted multiple franchise relocations in California, changing affiliations among teams and disrupting traditional local ownership and community ties in minor league baseball.
Diamond Baseball Holdings, supported by private equity firm Silver Lake, has acquired 45 Minor League Baseball teams since late 2021, controlling over 35 percent of all MiLB teams in the U.S.
During MLB's winter meetings, when all teams were convened, DBH announced the purchase of five new teams and their relocation plans, indicating an aggressive expansion and influence in minor league baseball.
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