Diamond Baseball Holdings bought and moved the Modesto Nuts to San Bernardino, ending Modesto’s longtime Single-A team amid MLB’s minor-league reorganization.
Private Equity Now Owns More Than 40 Minor League Baseball Teams, And The Number Keeps Growing | Defector
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.