• Loading stock data...
Wednesday, November 12, 2025

MLB Ownership Group Eyes South’s Fastest-Growing Sports Hub

  • A group headed by retired ace Dave Stewart is looking to bring an MLB team to Nashville.
  • The group expects to raise $2 billion.
Dave-Stewart-MLB
Music City Baseball

Major League Baseball has not announced any expansion plans beyond its current 30 teams, but a group headed by retired ace Dave Stewart is ready for the moment it does.

Stewart was tapped by Music City Baseball to helm a group looking to bring an MLB team to Nashville.

  • Stewart is prioritizing minority investors, saying, “The time has come for Black ownership in Major League Baseball.”
  • He said the group plans to raise $2 billion to purchase an expansion team.
  • MLB commissioner Rob Manfred said last year that $2.2 billion would be “a lodestar in terms of evaluating expansion opportunity.”

The league’s current priority is to find new homes for the Oakland A’s and Tampa Bay Rays, but once those situations are settled, it is widely believed that the league will look to add teams.

The planned name for the Nashville team is the Stars, an homage to the Negro League team that played there in the 1940s and 1950s.

Music City Moves

Nashville has quickly become one of the South’s major sports hubs.

The city gained the NHL’s Nashville Predators in 1998 and the NFL’s Tennessee Titans the following year. Nashville Soccer Club joined MLS in 2020. The city played host to the NFL Draft in 2019 and hopes to do it again in 2024 or 2025.

Meanwhile, the Titans are in negotiations with the local government on a new stadium, and in August, the city will host IndyCar’s Music City Grand Prix, which debuted last year.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Pirates GM Rebuffs Paul Skenes Trade Talk As Frustrations Mount

Pirates GM Ben Cherington again dismisses consideration of trading the ace.

DePodesta on Move From Browns to Rockies: ‘A Sucker for a Challenge’

The newly hired executive said he will have autonomy to make changes.
Jun 11, 2025; Cleveland, Ohio, USA; Cleveland Guardians relief pitcher Emmanuel Clase (48) throws a pitch during the ninth inning against the Cincinnati Reds at Progressive Field.

MLB Caps Pitch-Level Prop Bets at $200 After Guardians Indictments

Pitch-level prop bets are capped at $200 and excluded from parlays.
Ortiz

What Happens Next With Guardians’ Contracts After Federal Charges?

The future is murky for Emmanuel Clase and Luis Ortiz.

Featured Today

TUCSON, ARIZ. -- Resurfacing and painting of the new floor at McKale Center.

The Business of College Basketball’s Signature Courts

Signature floors are a creative—and increasingly expensive—corner of college sports.
Aug 6, 2025; Sandy, UT, USA; Queretaro defender Edson Partida (22) watches the ball during the second half of the game against Real Salt Lake at America First Field
November 8, 2025

Mexican Soccer Is the Next Frontier for American Investors

Liga MX is an appealing proposition with big potential upside.
G League
November 6, 2025

Is College Basketball About to Raid the G League?

Two G Leaguers have gone back to college. More could follow.
Oct 11, 2025; University Park, Pennsylvania, USA; Penn State Nittany Lions head coach James Franklin stands on the field following the game against the Northwestern Wildcats at Beaver Stadium
November 1, 2025

College Football’s Coach Buyout Bonanza: All Your Questions Answered

Schools owe their fired coaches millions in buyouts—and it isn’t over.
Oct 12, 2025; Kansas City, Missouri, USA; Kansas City Chiefs tight end Travis Kelce (87) takes the field prior to a game against the Detroit Lions at GEHA Field at Arrowhead Stadium.

Can Travis Kelce Save Six Flags From Free Fall?

The NFL star joined an activist investor in pushing for change.
Oct 5, 2025; New Orleans, Louisiana, USA; Former New Orleans Saints quarterback Drew Brees smiles prior to the game against the New York Giants at Caesars Superdome.
October 21, 2025

Drew Brees Flag Football League Sells to PE Amid Youth Boom

Football ‘N’ America operates 24 flag football leagues across the country.
Sep 25, 2025; Boston, MA, USA; Boston Celtics lead owner and governor Bill Chisholm speaks during a press conference at Auerbach Center.
October 22, 2025

The NBA’s Expanding Private-Equity Footprint

There is a PE connection of some kind for 20 of 30 teams.
Sponsored

How HOKA is Reimagining the NIL Relationship

On Location is redefining the Olympic experience by creating lasting connections beyond the Games.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
Jason Belzer
October 17, 2025

College Sports Is ‘Too Big of an Opportunity’

Panelists at the Asset Class summit agreed college sports is the next frontier.
Jon Ledecky
October 17, 2025

Islanders Owner Warns WNBA Against Labor Strife: ‘No Bueno’

Jon Ledecky drew a stark contrast between the two leagues.
Dave Checketts
October 17, 2025

Ex-Knicks President: When David Stern Accused Me of Skirting Cap

The Knicks walked away clean when accused of cap circumvention in the 1990s.