Popularly known as “The Big Red Machine”, the Cincinnati Reds are one of the two teams in Major League Baseball (MLB) from Ohio, United States. The team started their journey in 1890 and kept the name except from 1953 to 1958 when they were called the Cincinnati Redlegs, and from 1881 to 1889 when they were known as the Cincinnati Red Stockings. The Cincinnati Reds belong to the National League (NL) and have represented the NL West Division and the NL Central Division.
Throughout their 143 seasons to date, the Cincinnati Reds have won five World Series titles as of 2024. They have also won nine National League (NL) titles, seven NL West Division titles, and one NL Central Division title. Great American Ball Park has been serving as the home turf for the team since 2003. They have a win-loss record of 10923-10754 as of 2024.
Who owns the Cincinnati Reds?
Robert H. Castellini, also known as Bob Castellini, is the principal owner and managing partner of the Cincinnati Reds. He has also taken up the role of the chief executive officer of the team, as per MLB's official site. Hailing from Cincinnati, Ohio, United States, he also serves as the chairman of Castellini Company. The Castellini Company is notable for food processing, perishable distribution, public warehousing, transportation, and leasing activities. Bob Castellini, along with a group of Cincinnatians purchased the club from its former owner Carl Lindner Jr. on January 19, 2006, and has been serving as the chief executive officer since then. Other notable members of this group include chairman W. Joseph Williams Jr. and vice-chairman Thomas L. Williams.
Bob Castellini has been involved in Major League Baseball for around 40 years, as per the MLB official website. He initially held a minority interest in the Cincinnati Reds as a part of the Williams Family ownership until 1984. He then served as a partner in the Texas Rangers in 1989 and the Baltimore Orioles in 1993. Following this, Bob Castellini served as one of the investors of the St. Louis Cardinals from 1995 to 2006. He gave up his role as an investor in the team when he acquired the Cincinnati Reds in 2006. Bob Castellini holds a net worth of $400 million as of 2024, as per Celebrity Net Worth.
What is the Net Worth of the Cincinnati Reds?
The Cincinnati Reds have a net worth of $1.255 billion as of March 2024, as per Forbes. This includes their sports value of $557 million, their market value of $391 million, their stadium value of $191 million, and their brand value of $116 million.
List of the Cincinnati Reds Owners
These are all the owners that the Cincinnati Reds have had over the years as of 2024 -
Year | Owner |
1882–1883 | Justus Thorner |
1884 | Aaron S. Stern |
1885 | George Herancourt |
1886 | John Hauck |
1887–1890 | Aaron S. Stern |
1890–1891 † | Al Johnson |
1891–1902 | John T. Brush |
1902–1927 | Garry Herrmann |
1928–1929 | C. J. McDiarmid |
1930–1933 | Sidney Weil |
1933-1934 †† | Central Trust Bank |
1934–1961 | Powel Crosley Jr. |
1961–1966 | Bill DeWitt |
1967–1973 | Francis L. Dale |
1973–1980 | Louis Nippert |
1980–1984 | William Williams & James Williams |
1984–1999 | Marge Schott |
1999–2005 | Carl Lindner Jr. |
2006–present | Bob Castellini |
Cincinnati Reds FAQs
A. Bob Castellini, the owner of the Cincinnati Reds, is worth $400 million as of 2024.
A. Bob Castellini is the CEO of the Cincinnati Reds as of 2024.
A. Susan Castellini is the wife of Bob Castellini, the owner of the Cincinnati Reds.
A. Cincinnati Reds’ owner Bob Castellini’s age is 82 years as of September 2024.
A. The Cincinnati Reds are worth $1.255 billion as of 2024.