NASHVILLE — The Worcester Red Sox are officially under new management.
Diamond Baseball Holdings, which owns a significant percentage of MLB’s minor league affiliates including the Portland Sea Dogs and Salem Red Sox, announced Tuesday it is buying a majority stake in the Worcester Red Sox.
The club will remain the Triple-A affiliate of the Red Sox and play at Polar Park under the continued leadership of Larry Lucchino as chairman, Dr. Charles Steinberg as president and Dan Rea as general manager. The existing front office staff will also remain in place, and Lucchino and local leaders Ralph Crowley and Jim Skeffington Jr. will be retained in the club’s ownership group.
“At 78, and after 44 years in baseball, I believe it’s time to have a succession plan, one that assures a commitment to baseball and a commitment to Worcester,” Lucchino in a statement. “There is no organization more committed to Minor League Baseball than Diamond Baseball Holdings, and we welcome Pat Battle, Peter Freund, and this organization to our city. There is no local business leader more invested in Worcester and in Polar Park than Ralph Crowley, and we are pleased that he is part of the ownership group. Jim Skeffington’s late father and I set out to keep the Boston Red Sox’ Triple-A club in New England, and in good hands, and I trust that Pat and Peter will be excellent stewards.”
“We are thrilled to add the WooSox to the DBH family, our third Red Sox affiliate and a transformational Triple-A franchise for both Minor League Baseball and the City of Worcester,” said Pat Battle and Peter Freund, Executive Chairman and CEO of Diamond Baseball Holdings, respectively. “We are beyond excited to partner with Ralph Crowley of Polar Beverages on the purchase of the club and very grateful to Larry Lucchino, Sam Kennedy, and the entire Red Sox organization for entrusting us with this incredible franchise.”
Established in 2021, DBH has quickly become baseball’s largest owner of minor league baseball affiliates, and with this week’s purchase the company now controls three of Boston’s four minor league affiliates and 27 in total, nearly a quarter of all affiliates across MLB.
Other clubs under the DBH umbrella include the Scranton/Wilkes-Barre RailRiders (Yankees Triple-A), Memphis Redbirds (Cardinals Triple-A), Iowa Cubs (Cubs Triple-A) and all four of the Atlanta Braves minor league clubs.
“Larry, Ralph, and the rest of the Worcester Red Sox group and staff have been great partners to the Boston Red Sox. It has been wonderful to watch what they’ve created in Worcester through their dedication to the organization and to Minor League Baseball,” said Boston Red Sox CEO Sam Kennedy. “We are excited to deepen our connection to the exceptional team at DBH here in Worcester, in addition to their stewardship of our affiliates in Portland and in Salem.”
News of the sale was first reported by The Boston Globe last week. The deal is expected to be completed by the end of the year.
"sold" - Google News
December 06, 2023 at 02:09AM
https://ift.tt/hiDQgGb
Worcester Red Sox officially sold to Diamond Baseball Holdings - Boston Herald
"sold" - Google News
https://ift.tt/6CJIcbE
https://ift.tt/HPwLRi3
Bagikan Berita Ini
0 Response to "Worcester Red Sox officially sold to Diamond Baseball Holdings - Boston Herald"
Post a Comment