Diamond Baseball Holdings
| Company type | Subsidiary |
|---|---|
| Industry | Sports management |
| Founded | 2021 |
| Founder | Endeavor |
| Headquarters | United States |
Area served | United States, Canada |
Key people | Pat Battle (Executive Chairman), Peter Freund (CEO) |
| Products | Ownership and management of Minor League Baseball franchises |
| Owner | Silver Lake |
| Parent | Silver Lake |
Diamond Baseball Holdings (DBH) is a U.S.-based sports ownership and management entity overseeing more than 40 Minor League Baseball (MiLB) franchises throughout the United States and Canada. Established in 2021 by the media giant Endeavor, DBH currently operates as a subsidiary under the investment firm Silver Lake.
History
DBH began operations in 2021 with control of nine MiLB teams. In 2022, Silver Lake purchased DBH from Endeavor for $280 million. The organization is headed by executive chairman Pat Battle, formerly of Collegiate Licensing Company and IMG College, along with CEO Peter Freund. Together, they convinced Major League Baseball (MLB) to endorse consolidated ownership and enhance the professional standards of MiLB, targeting MLB’s ownership limit of 50 teams.
The company’s approach emphasizes generating income streams beyond ticket sales by developing stadium parking areas into mixed-use properties, increasing non-baseball events such as concerts and corporate gatherings, and streamlining sponsorship, advertising, and administrative functions through a centralized national platform.
In 2024, Baseball America recognized DBH as "the most influential ownership group in Minor League Baseball history." The firm maintains strong connections with MLB Commissioner Rob Manfred and had secured upwards of $275 million in tax incentives for its teams by early 2024.
DBH has moved several franchises to new cities supported by substantial public funding:
- In 2023, it acquired the Down East Wood Ducks along with another Texas Rangers affiliate, relocating the team from Kinston, North Carolina to Spartanburg, South Carolina. Renamed the Hub City Spartanburgers, they compete in a newly built stadium backed by $118 million in public investment.
- Prior to the 2022 season, DBH purchased the Mississippi Braves, transferring them from Pearl, Mississippi to Columbus, Georgia. The team was rebranded as the Columbus Clingstones, with Columbus investing $50 million into ballpark renovations.
- Late in 2024, DBH acquired the Modesto Nuts from the Seattle Mariners; following the 2025 season, the franchise departed Modesto. DBH then realigned affiliations among California-based teams and launched a new franchise in Ontario, California—the Ontario Tower Buzzers—with plans for a $151 million stadium and sports complex.
Several teams have undergone rebranding efforts to reinforce community ties, including changing the Rome Braves to the Rome Emperors and renaming the Salem Red Sox as the Salem RidgeYaks.
Teams
As of , Diamond Baseball Holdings owns 45 teams.
- "Winston-Salem North Carolina"
- "South Atlantic league"
- "High A"
- "Chicago White Sox"
- "2024"
- "Grand Chute Wisconsin"
- "Midwest league"
- "High A"
- "Milwaukee Brewers"
- "2025"
- "Worcester Massachusetts"
- "International league"
- "Triple A"
- "Boston Red Sox"
- "2023"
| Team | Location | League | Class | Affiliate | Acquired |
|---|---|---|---|---|---|
| Albuquerque Isotopes | Albuquerque, New Mexico | Pacific Coast League | Triple-A | Colorado Rockies | 2023 |
| Altoona Curve | Altoona, Pennsylvania | Eastern League | Double-A | Pittsburgh Pirates | 2023 |
| Arkansas Travelers | North Little Rock, Arkansas | Texas League | Double-A | Seattle Mariners | 2024 |
| Augusta GreenJackets | North Augusta, South Carolina | Carolina League | Single-A | Atlanta Braves | 2021 |
| Binghamton Rumble Ponies | Binghamton, New York | Eastern League | Double-A | New York Mets | 2024 |
| Birmingham Barons | Birmingham, Alabama | Southern League | Double-A | Chicago White Sox | 2023 |
| Brooklyn Cyclones | Brooklyn, New York | South Atlantic League | High-A | New York Mets | 2024 |
| Charlotte Knights | Charlotte, North Carolina | International League | Triple-A | Chicago White Sox | 2024 |
| Columbus Clingstones | Columbus, Georgia | Southern League | Double-A | Atlanta Braves | 2021 |
| Dayton Dragons | Dayton, Ohio | Midwest League | High-A | Cincinnati Reds | 2025 |
| Fredericksburg Nationals | Fredericksburg, Virginia | Carolina League | Single-A | Washington Nationals | 2025 |
| Fresno Grizzlies | Fresno, California | California League | Single-A | Colorado Rockies | 2023 |
| Gwinnett Stripers | Lawrenceville, Georgia | International League | Triple-A | Atlanta Braves | 2021 |
| Harrisburg Senators | Harrisburg, Pennsylvania | Eastern League | Double-A | Washington Nationals | 2024 |
| Hickory Crawdads | Hickory, North Carolina | Carolina League | Single-A | Texas Rangers | 2023 |
| Hudson Valley Renegades | Fishkill, New York | South Atlantic League | High-A | New York Yankees | 2021 |
| Hub City Spartanburgers | Spartanburg, South Carolina | South Atlantic League | High-A | Texas Rangers | 2023 |
| Inland Empire 66ers | San Bernardino, California | California League | Single-A | Los Angeles Angels | 2024 |
| Iowa Cubs | Des Moines, Iowa | International League | Triple-A | Chicago Cubs | 2021 |
| Lansing Lugnuts | Lansing, Michigan | Midwest League | High-A | Athletics | 2023 |
| Louisville Bats | Louisville, Kentucky | International League | Triple-A | Cincinnati Reds | 2023 |
| Memphis Redbirds | Memphis, Tennessee | International League | Triple-A | St. Louis Cardinals | 2021 |
| Midland, Texas | Texas League | Double-A | Athletics | 2022 | |
| Modesto, California | California League | Single-A | Seattle Mariners | 2024 | |
| Manchester, New Hampshire | Eastern League (1938–present) | Double-A | Toronto Blue Jays | 2023 | |
| Norfolk, Virginia | International League | Triple-A | Baltimore Orioles | 2023 | |
| Oklahoma City, Oklahoma | Pacific Coast League | Triple-A | Los Angeles Dodgers | 2021 | |
| Papillion, Nebraska | International League | Triple-A | Kansas City Royals | 2024 | |
| Portland, Maine | Eastern League (1938–present) | Double-A | Boston Red Sox | 2022 | |
| "Reading, Pennsylvania" | "Eastern League (1938–present)" | "Double-A" | "Philadelphia Phillies" | "2025" | |
| "Rancho Cucamonga, California" | "California League" | "Single-A" | "Los Angeles Dodgers" | "2024" | |
| "Rome, Georgia" | "South Atlantic League" | "High-A" | "Atlanta Braves" | "2021" | |
| "Salem, Virginia" | "Carolina League" | "Single-A" | "Boston Red Sox" | "2023" | |
| "San Jose, California" | "California League" | "Single-A" | "San Francisco Giants" | "2021" | |
| "Moosic, Pennsylvania" | "International League" | "Triple-A" | "New York Yankees" | "2021" | |
| "Springfield, Missouri" | "Texas League" | "Double-AA" | "St. Louis Cardinals" | "2023" | |
| "Saint Paul Minnesota" | "International league" | "Triple A" | "Minnesota Twins" | "2023" | |
| "Syracuse New York" | "International league" | "Triple A" | "New York Mets" | "2024" | |
| "Pasco Washington" | "Northwest league" | "High A" | "Los Angeles Angels" | "2024" | |
| "Tulsa Oklahoma" | "Texas league" | "Double A" | "Los Angeles Dodgers" | "2023" | |
| "Vancouver British Columbia" | "Northwest league" | "High A" | "Toronto Blue Jays" | "2023" | |
| "Wichita Kansas" | "Texas league" | "Double A" | "Minnesota Twins" | "2022" |