Monday December 4, 2023

Theo Epstein’s Ownership Play?

  • Arctos Sports Partners is a private equity firm that buys minority shares of professional clubs.
  • Epstein also recently joined MLB’s Office of the Commissioner as a consultant around on-field rule changes.
Winslow Townson-USA TODAY Sports
Copy Link
Link Copied
Link Copied

Theo Epstein is quickly building out his post-Cubs career — and establishing a new path for former front office executives in the process. 

Two weeks after joining MLB’s Office of the Commissioner as a consultant around on-field rule changes, the decorated former GM and president of baseball operations is joining Arctos Sports Partners, a private equity firm that buys minority shares of professional clubs.

As “executive-in-residence,” Epstein will advise owners of the teams the firm has invested in on various business matters. 

Epstein reportedly made in the tens of millions in his final deal with the Chicago Cubs. When he shocked the sports world by stepping down from his role with the team in November, he hinted that ownership could be in his future. 

  • “Being part of an ownership group is something that has always appealed to me, but it can seem so unattainable that I haven’t been really realistic about it yet,” he said. 
  • Team valuations are soaring, as demonstrated by Steve Cohen’s recent $2.5 billion acquisition of the New York Mets. 

Arctos, founded in 2019, has already invested in Fenway Sports Group, which owns the Boston Red Sox and Liverpool FC among other sports properties.

Last week, the group ended talks to go public with Billy Beane and Gerry Cardinale-led SPAC RedBall Acquisition.

Copy Link
Link Copied
Link Copied

What to Read

Aston Martin F1 Team Surpasses $1B Valuation With Arctos Investment

The team has brought in outside investment for the first time.

PGA Tour Rejects Endeavor's Investment Bid

The company was one of at least 8 U.S. entities interested.
Rory McIlroy reacts to a shot at the 17th hole during the first round of the RBC Canadian Open golf tournament.

PGA Tour-Saudi Deal May Miss Deadline As Obstacles Grow

A Dec. 31 deadline has been set for a definitive agreement to be reached.
Nick Saban highest paid college football head coach.

Who Is Highest-Paid Coach in College Football?

Saban remains atop highest-paid head coaches getting over $11 million annually.
podcast thumbnail mobile
Front Office Sports Today

CFP Selection Turns Heads with Controversial Selection


Featured Today

The College Football Playoff is considering rotating TV networks for the national championship game.

CFP Considers Super Bowl-Like Rotation For National Championship Game

Multiple networks could share rights to the championship game, sources told FOS.
Brett Favre
November 27, 2023

Favre Welfare Case Hold-Up? "AG’s Office Has Not Expressed Interest In Pursuing"

The DOJ interviewed Brett Favre in early 2020.
The future of the Pac-12 rests on a court decision.
November 24, 2023

The Pac-12 Plays Its Final Regular-Season Game. Then A Court Decides Its Fate.

The conference's future rests with a court decision.
Lane Kiffin
November 9, 2023

Ole Miss, Lane Kiffin Lawyers Argue for Dismissal of Player Lawsuit

FOS obtained audio of Lane Kiffin's interaction with the player behind lawsuit.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Multiple - USA Careers
Live Nation
Multiple - USA Careers
Saco Bay PT
Multiple - USA Careers
Mark Cuban and Dallas Mavericks.

Adelson Family Freed Up $2B To Reportedly Buy Stake In Dallas Mavericks

Miriam Adelson is selling a portion of her Las Vegas Sands Corp stock.
New York Knicks executive chairman James Dolan watches during the first quarter against the Cleveland Cavaliers at Madison Square Garden.
November 22, 2023

Knicks Owner Resigns From NBA Committees Amid Lawsuit

The Knicks are suing the Toronto Raptors for $10 million.
Carolina Panthers quarterback Bryce Young hugs team owner David Tepper on the field prior to the game against the Atlanta Falcons at Mercedes-Benz Stadium.
November 27, 2023

David Tepper’s Reign Marred by Firings

Between the Panthers and Charlotte FC, Tepper has fired five head coaches.

NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.
Arizona Cardinals owner Michael Bidwill looks on against the Baltimore Ravens during the second half at State Farm Stadium.
November 1, 2023

Arizona Cardinals Owner Michael Bidwill Accused of Workplace Misconduct

Former COO Ron Minegar describes a “deep culture problem” within the organization.
Miami Marlins chief executive officer Derek Jeter watches batting practice prior to the game against the Los Angeles Dodgers at loanDepot park.
October 18, 2023

Former Miami Marlins President Says Bruce Sherman Fired Derek Jeter

David Samson told FOS that Derek Jeter failed to meet revenue goals.
Miami Marlins general manager Kim Ng looks on from the field prior to the game against the New York Mets at loanDepot Park.
October 16, 2023

Trailblazing GM Kim Ng Departs Miami Marlins

Miami reportedly considered hiring a president of baseball operations to oversee Ng.
October 11, 2023

Goodell On Track For Extension, $700M In Career Earnings

Months in development, new three-year contract again said to be close.