• Loading stock data...
Friday, July 11, 2025

Endeavor to Sell 10 Minor League Baseball Teams

  • Silver Lake is purchasing Diamond Baseball Holdings from Endeavor.
  • The deal is worth $280 million.
Diamond-Baseball-Holdings
Nathan J Fish/Sun-News/Imagn

Silver Lake has entered an agreement to purchase Diamond Baseball Holdings from Endeavor for $280 million.

Formed last year, Endeavor owns 10 minor league baseball teams through DBH — including affiliates of the St. Louis Cardinals, Chicago Cubs, and New York Yankees. The company purchased six clubs in December and four in January for $64.2 million.

Endeavor president Mark Shapiro said the company’s “relationship with MLB and the MLBPA took priority given the importance of our overall agency business and our continued investment in our baseball representations practice within WME Sports.”

  • The MLBPA previously claimed Endeavor’s ownership of player agents in its WME Sports division was a conflict of interest.
  • Shapiro said there was little indication that a potential conflict would have prohibited Endeavor’s ownership plans.

“As we continue our active acquisition strategy, we will remain focused on key markets, historic brands, modernized facilities, and local, regional, and national partnerships within each of these important communities,” DBH CEO Peter Freund said

Silver Lake is Endeavor’s majority investor, with 69% of the company’s voting power. The transaction, expected to close in Q4 pending customary conditions and approvals, will allow Endeavor to pay down debt.

Silver Lake’s Sports

Silver Lake has other sports entities in its portfolio. 

The firm invested $130.45 million in New Zealand Rugby earlier this year and has participated in multiple rounds for Fanatics, including a $350 million round for Fanatics Trading Cards last year.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rimouski, QC - JUNE 1: Final Game of the 2025 Memorial Cup between the Medicine Hats Tigers and the London Knights on June 1, 2025, at the Colisée Financière Sun Life in Rimouski, Qc.

CHL Is Facing a ‘Pandora’s Box’ of Questions Amid NCAA Talent Departure

As players defect to college, the Canadian Hockey League won’t cede ground.
Bruce Meyer and Tony Clark of the MLBPA

MLB, Players’ Union Spar Over Salary Cap As Labor Fight Looms

The MLB Players Association’s No. 2 executive outlines what he sees owners doing.
Jonathan Mariner

Former MLB CFO Jumps to PE, Says Teams Are Undervalued

Mariner worked in Major League Baseball for 24 years.
A set of trading cards

Judge Rules Against Fanatics as Panini Case Gets Rancorous

A judge ordered Fanatics to turn over unredacted trading card licenses.

Featured Today

Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.
March 4, 2025

Eagles Make Saquon Barkley NFL’s Highest-Paid Running Back Ever

Barkley is coming off a historic 2024 season with the Eagles.