St. Louis Cardinals Owner

The St. Louis Cardinals are a professional Major League Baseball team based in St. Louis, Missouri. They compete as a member of the National League (NL) Central Division and host their home games at Busch Stadium, which opened its doors in 2006 and is situated in downtown St. Louis. The team's mascot is a cardinal named Fredbird, who dons the official uniform of the Cardinals. Fredbird is supported by Team Fredbird, consisting of eleven women.

Historically, the Cardinals have won 11 World Series championships, ranking second in Major League Baseball history behind only the New York Yankees. Their titles were achieved in the years 1926, 1931, 1934, 1942, 1944, 1946, 1964, 1967, 1982, 2006, and 2011. As of 2024, they have secured a total of 19 National League pennants and have claimed 15 division titles. The franchise's roots trace back to its acquisition by entrepreneur Chris von der Ahe in 1881 when he purchased the Brown Stockings barnstorming club and rebranded it as the St. Louis Browns, making it a charter member of the American Association baseball league at that time. The team underwent further name changes to become known as the St. Louis Perfectos in 1899 before finally being renamed again to its current identity as the St. Louis Cardinals in 1900.

Who owns the St. Louis Cardinals?

William DeWitt Jr. is the principal owner of the St. Louis Cardinals, a prominent professional baseball team based in St. Louis. An American businessman, DeWitt has served as the managing partner and chairman of the Cardinals since 1996. His investment portfolio includes ownership stakes or prior involvement with various sports franchises, such as the Cincinnati Stingers hockey club, Baltimore Orioles, Cincinnati Reds, and Texas Rangers. Additionally, through his firm, DeWitt & Co., he owns Arby’s franchises and invests in both the U.S. Playing Card Company and Spectrum 7, a petroleum company.

William DeWitt is the son of Bill DeWitt Sr., a veteran executive in Major League Baseball who owned teams including the St. Louis Browns and Cincinnati Reds, alongside his mother Margaret H. DeWitt. Notably, on December 5, 1966, DeWitt was part of an investment group led by Francis L. Dale that acquired the Cincinnati Reds for $8 million from his father.

DeWitt joined Gradison & Co., a Cincinnati-based investment firm in 1974 before co-founding Reynolds, DeWitt & Co., alongside Mercer Reynolds, in 1979. Throughout his career in sports management and investments in various franchises, including partial ownership stakes in both the Cincinnati Bengals within the National Football League (NFL) and former World Hockey Association's Cincinnati Stingers, Mr. Witt has established himself as a significant figure within American sports business.

Under DeWitt's leadership, the Cardinals have achieved notable success, winning two World Series Championships in 2006 and 2011. Additionally, they have secured four National League pennants, claimed eleven division titles, and made a total of fifteen playoff appearances. In 1997, he founded Cardinals Care, a nonprofit initiative dedicated to building baseball fields, supporting youth baseball programs, and providing grants to children's organizations. Moreover, DeWitt has overseen the acquisition of three minor league affiliates since acquiring the team. This includes his acquisition of the Palm Beach Cardinals in 1998 within the Florida State League.

St. Louis Cardinals Net Worth

As per Forbes' in March 2024, the St. Louis Cardinals valuation is $2.55B.

List of St. Louis Cardinals owners

Here is the list of all owners of the St. Louis Cardinals throughout its history: