• Loading stock data...
Friday, March 28, 2025
Nominations Are Open for Front Office Sports Honors! Submit Now

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

Rays Home Opener Clouded by Stadium Drama, Mounting Criticism

Both Major League Baseball and Pinellas County call out the embattled franchise.
Both teams line the field during the singing of the national anthem prior to the start of the opening day game between the NY Yankees and Milwaukee Brewers at Yankee Stadium on Thursday, March 27, 2025.

Yankees RSN, Comcast Reach Last-Minute Extension in Ongoing Dispute

The two sides will keep negotiating as large-scale issues remain unresolved.

Sportsbooks Reflect MLB’s Divide: Dodgers Heavy Favorites, White Sox No Shot

The defending champion Dodgers are favored at historic levels to repeat.

MLB’s Growing Payroll Divide: Rich Teams Soar While Poor Lag Behind

The Dodgers’ 2025 player payroll nearly quintuples the Marlins’ spending.

Featured Today

Kendall Coyne Schofield

Kendall Coyne Schofield Wants More for the Next Wave of Mom-Athletes

The Walter Cup–winning Frost captain says small changes mean “everything.”
Dec 21, 2024; Hartford, Connecticut, USA; UConn Huskies guard Paige Bueckers (5) looks to pass the ball against USC Trojans guard JuJu Watkins (12) in the first half at XL Center.
March 23, 2025

‘More Value to Be Had’: Were Women’s March Madness Media Rights Undersold?

Could the NCAA have gotten millions more in its latest TV deal?
Mar 20, 2025; Lexington, KY, USA; Creighton Bluejays forward Jasen Green (0) dunks the ball during the second half against the Louisville Cardinals in the first round of the NCAA Tournament at Rupp Arena
March 22, 2025

Basketball-Only Schools Could See Power Surge After House Settlement Approval 

Football teams might monopolize the revenue-sharing dollars at power conference schools.
Mar 15, 2025; New York, NY, USA; St. John's Red Storm guard RJ Luis Jr. (12) after hitting a three-point basket against the Creighton Bluejays in the second half at Madison Square Garden.
March 20, 2025

Perfect Storm: St. John’s Biggest Fans Can’t Bet on the School

In the No. 1 sports betting market, the Red Storm are off-limits.

Junior Bridgeman Was the Prototype for Business Success After Sports

He started with Wendy’s franchises, later expanding into bottling, magazines, and more.
Oct 23, 2024; Miami, Florida, USA; Miami Heat president Pat Riley addresses the crowd during the Pat Riley Court dedication ceremony at halftime at Kaseya Center.
February 14, 2025

Here’s Where Pat Riley’s Three-Peat Trademark Money Goes

Riley has the phrase trademarked despite having no three-peat of his own.
Feb 12, 2023; Glendale, Arizona, US; A$AP Rocky on the sideline after halftime during Super Bowl LVII at State Farm Stadium.
February 27, 2025

A$AP Rocky Could Be Latest Celebrity Owner in English Soccer

Following his acquittal, the rapper is closer to owning Tranmere Rovers.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Dec 1, 2024; Landover, Maryland, USA; Washington Commanders general manager Adam Peters (L) talks with Commanders owner Josh Harris (R) on the field prior to the game against the Tennessee Titans at Northwest Stadium.
December 4, 2024

CEO Leaves $13 Billion Soup Company to Run Commanders

The new president will lead the planning and development of the team’s stadium.
LPGA Commissioner Mollie Marcoux Samaan after the final round of golf during the CME Group Tour Championship at the Tiburon Golf Club in Naples, Fla., Sunday, November 19, 2023.
December 2, 2024

LPGA Commissioner Leaving After Brief Up-and-Down Tenure

Mollie Marcoux Samaan was hired in 2021.
November 15, 2024

Adam Silver Defends NBA Product Amid Sluggish Ratings

Silver said the NBA compares itself to “the biggest brands in the world.”
November 11, 2024

Endeavor to Sell OpenBet, IMG Arena to Its CEO Ari Emanuel

The move is “a necessary step” as Endeavor seeks to go private.