There exists a total of 30 teams in Major League Baseball (MLB). Each of these teams is owned by individuals or groups of individuals who play a role in governing and operating their franchises. As team owners they provide the support, strategic guidance and leadership to ensure the success and development of their teams.
The ownership structure in MLB grants these owners influence over the decision making processes within their teams. They have the authority to make choices of player acquisitions, team management and overall franchise operations.
MLB Team Owners 2024
In Major League Baseball, the principal owners are the individuals or groups who have a majority stake in a team and are responsible for its operation and ownership. Furthermore, principal team owners also supervise managers, as well as coaching staff, for their teams.
Recently, in January 2024, a group led by David Rubenstein (founder of Carlyle Group) made the purchase of the Baltimore Orioles for a reported price of $1.725 billion.
Previous to this, a deal of Kansas City Royals was made in 2020 and John Sherman purchased the team for a reported amount of $1 billion. MLB approved the deal on November 21, 2019 and in 2020 he bought the majority stake of the team. Also, in the same year i.e. 2020, hedge fund manager Steve Cohen bought the majority stake of the New York Mets and became the new owner of the team.
Here is the list of of MLB Team owners:
| Team | Principal Owner(s) | Purchase Price | Year Acquired |
| Arizona Diamondbacks | Ken Kendrick | $130,000,000 | 1995 |
| Atlanta Braves | Atlanta Braves Holdings Inc. | $450,000,000 | 2007 |
| Baltimore Orioles | David Rubenstein | $1,725,000,000 | 2024 |
| Boston Red Sox | John W. Henry | $660,000,000 | 2002 |
| Chicago Cubs | Thomas S. Ricketts | $845,000,000 | 2009 |
| Chicago White Sox | Jerry Reinsdorf | $20,000,000 | 1981 |
| Cincinnati Reds | Bob Castellini | $270,000,000 | 2006 |
| Cleveland Guardians | Larry Dolan | $323,000,000 | 1999 |
| Colorado Rockies | Charlie Monfort | $95,000,000 | 1992 |
| Detroit Tigers | Christopher Ilitch | $82,000,000 | 1992 |
| Houston Astros | Jim Crane | $615,000,000 | 2011 |
| Kansas City Royals | John Sherman | $1,000,000,000 | 2020 |
| Los Angeles Angels | Arturo Moreno | $184,000,000 | 2003 |
| Los Angeles Dodgers | Mark Walter | $2,000,000,000 | 2012 |
| Miami Marlins | Bruce Sherman | $1,300,000,000 | 2018 |
| Milwaukee Brewers | Mark Attanasio | $223,000,000 | 2005 |
| Minnesota Twins | Jim Pohlad | $44,000,000 | 1984 |
| New York Mets | Steve Cohen | $2,475,000,000 | 2020 |
| New York Yankees | Hal Steinbrenner | $8,700,000 | 1973 |
| Oakland Athletics | John J. Fisher | $180,000,000 | 2005 |
| Philadelphia Phillies | John S. Middleton | $30,000,000 | 1981 |
| Pittsburgh Pirates | Robert Nutting | $92,000,000 | 1996 |
| San Diego Padres | Peter Seidler estate | $800,000,000 | 2012 |
| San Francisco Giants | Charlie Johnson | $100,000,000 | 1992 |
| Seattle Mariners | John W. Stanton | $106,000,000 | 1992 |
| St. Louis Cardinals | William DeWitt, Jr. | $150,000,000 | 1995 |
| Tampa Bay Rays | Stuart Sternberg | $130,000,000 | 2005 |
| Texas Rangers | Ray Davis | $593,000,000 | 2010 |
| Toronto Blue Jays | Rogers Communications | $140,000,000 | 2000 |
| Washington Nationals | Lerner Enterprises | $450,000,000 | 2006 |
Read more About:- List of MLB Stadiums
List of MLB Teams Operating Entities
The operating entities of MLB teams are separate legal entities that are created to handle various business functions. These entities are designed to streamline operations, optimize revenue generation, and provide a clear structure for financial management. They allow teams to manage their assets, track opportunities for growth, and handle other operational things.
Here is the list of MLB teams operating entities as of 2024:
| Team | Operating Entities | Purchase Price | Year Acquired |
| Arizona Diamondbacks | AZPB LP, AZPBI Inc. | $130,000,000 | 1995 |
| Atlanta Braves | Atlanta National League Baseball Club Inc. | $450,000,000 | 2007 |
| Baltimore Orioles | Baltimore Orioles LP, Baltimore Orioles Inc., Baltimore Baseball Club Inc. | $1,725,000,000 | 2024 |
| Boston Red Sox | Boston Red Sox Baseball Club LP, Fenway Sports Group LLC | $660,000,000 | 2002 |
| Chicago Cubs | Chicago Cubs Baseball Club, LLC | $845,000,000 | 2009 |
| Chicago White Sox | Chicago White Sox Ltd., Chisox Corp. | $20,000,000 | 1981 |
| Cincinnati Reds | Cincinnati Reds LLC | $270,000,000 | 2006 |
| Cleveland Guardians | Cleveland Guardians Baseball Co. LLC | $323,000,000 | 1999 |
| Colorado Rockies | Colorado Baseball Partnership, Colorado Rockies Baseball Club Ltd. | $95,000,000 | 1992 |
| Detroit Tigers | Olympia Entertainment, Detroit Tigers Inc. | $82,000,000 | 1992 |
| Houston Astros | Crane Capital Group, Houston Astros Inc., Houston Astros, LLC | $615,000,000 | 2011 |
| Kansas City Royals | Kansas City Royals Baseball Corp. | $1,000,000,000 | 2020 |
| Los Angeles Angels | Angels Baseball LP, Moreno Baseball LP | $184,000,000 | 2003 |
| Los Angeles Dodgers | Guggenheim Baseball Management, Los Angeles Dodgers, Inc. | $2,000,000,000 | 2012 |
| Miami Marlins | Miami Marlins LP, Miami Marlins Inc., Miami Marlins Baseball Ltd. | $1,300,000,000 | 2018 |
| Milwaukee Brewers | Milwaukee Brewers Baseball Club, Milwaukee Brewers Holdings LLC | $223,000,000 | 2005 |
| Minnesota Twins | Minnesota Twins, MTI Partnership LLP | $44,000,000 | 1984 |
| New York Mets | Point72 Asset, Mets Partners Inc. | $2,475,000,000 | 2020 |
| New York Yankees | Yankee Global Enterprises | $8,700,000 | 1973 |
| Oakland Athletics | Oakland Athletics Limited Partnership[2] | $180,000,000 | 2005 |
| Philadelphia Phillies | The Phillies | $30,000,000 | 1981 |
| Pittsburgh Pirates | Pittsburgh Associates LP, Pittsburgh Baseball Inc. | $92,000,000 | 1996 |
| San Diego Padres | The Padres Group, Padres LP, Padres Inc. | $800,000,000 | 2012 |
| San Francisco Giants | San Francisco Baseball Associates LP, SF Giants Baseball Club | $100,000,000 | 1992 |
| Seattle Mariners | Baseball Club of Seattle LP, Baseball of Seattle Inc. | $106,000,000 | 1992 |
| St. Louis Cardinals | St. Louis Cardinals LLC, St. Louis National Baseball Club Inc. | $150,000,000 | 1995 |
| Tampa Bay Rays | Tampa Bay Rays Ltd. | $130,000,000 | 2005 |
| Texas Rangers | Rangers Baseball Express, Texas Rangers Baseball Club | $593,000,000 | 2010 |
| Toronto Blue Jays | Rogers Blue Jays Baseball Partnership, Toronto Blue Jays Baseball Ltd | $140,000,000 | 2000 |
| Washington Nationals | Washington Nationals Baseball Club LLC | $450,000,000 | 2006 |
See more:- List of MLB Mascots
FAQ's On List of MLB Team Owners
A. Currently, there are 30 teams in Major League Baseball, divided evenly between the American League (AL) and the National League (NL).
A. Individuals or groups, with financial resources are the ones who become MLB team owners. When a team is sold it usually requires approval, from both the existing team owners and MLB itself.
A. Yes, MLB team owners can influence team operations, including decisions related to player signings, trades, coaching hires, and stadium development.
A. The recent expansion in Major League Baseball occurred in 1998 when the Tampa Bay Rays (formerly known as the Tampa Bay Devil Rays) and the Arizona Diamondbacks joined the league as expansion teams.
A. The Baltimore Orioles were acquired by a group led by David Rubenstein for a reported price of $1,725,000,000 in January 2024.
