Investments
12Portfolio Exits
3Partners & Customers
10About Major League Baseball
Major League Baseball (MLB) is the governing body of the sport of baseball. This profile also includes any prior investments made by MLB Advanced Media (MLBAM) which the MLB established in June 2000 following an unanimous vote by the 30 Major League Baseball club owners to centralize all of Baseball's Internet operations. MLB Advanced Media LP (MLBAM) is the interactive media and internet company of Major League Baseball.
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Latest Major League Baseball News
Jun 2, 2023
Judge: Diamond Sports must pay full value of contracts to Diamondbacks, Guardians, Twins, Rangers A Bally Sports logo is on a dugout wall during a spring training baseball game at Roger Dean Stadium, March 4, 2023, in Jupiter, Fla. Major League Baseball will take over broadcasts of San Diego Padres games beginning Wednesday, May 31. Credit: AP/Lynne Sladky By The Associated Press Share A federal bankruptcy judge has ordered Diamond Sports to pay the full value of its media contracts to the Arizona Diamondbacks, Cleveland Guardians, Minnesota Twins and Texas Rangers. Judge Christopher Lopez made the ruling on Thursday in Houston. Diamond Sports, which owns 19 networks under the Bally Sports banner, has been in Chapter 11 bankruptcy proceedings in the Southern District of Texas since it filed in March. Diamond said in a financial filing last fall it had debt of $8.67 billion. In April, the judge ruled Diamond to pay half of what the teams were owed in rights fees. “I think the contract rate is the right answer here,” said Lopez in using his decision after two marathon days of testimony. The decision is another chapter in what has been a contentious week in the strained relationship between MLB and Diamond Sports. On Tuesday, the last San Diego Padres game was aired on Bally Sports San Diego after Diamond Sports missed a rights payment fee and let the grace period expire. MLB took over production of Padres' telecasts, beginning with Wednesday's game at the Miami Marlins. Bob Scanlan, field reporter for the San Diego Padres, goes on the air after a baseball game between the Miami Marlins and the Padres, Wednesday, May 31, 2023, in Miami. Major League Baseball took over broadcasts of the Padres games Wednesday. Credit: AP/Wilfredo Lee More MLB news
Major League Baseball Investments
12 Investments
Major League Baseball has made 12 investments. Their latest investment was in Fanatics as part of their Series G on August 8, 2021.
Major League Baseball Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/10/2021 | Series G | Fanatics | $325M | No | 21 | |
7/20/2021 | Series B | LeagueApps | $15M | Yes | 10 | |
3/24/2021 | Series F | Fanatics | $320M | Yes | 18 | |
8/26/2020 | Grant - II | |||||
3/28/2019 | Series A |
Date | 8/10/2021 | 7/20/2021 | 3/24/2021 | 8/26/2020 | 3/28/2019 |
|---|---|---|---|---|---|
Round | Series G | Series B | Series F | Grant - II | Series A |
Company | Fanatics | LeagueApps | Fanatics | ||
Amount | $325M | $15M | $320M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 21 | 10 | 18 |
Major League Baseball Portfolio Exits
3 Portfolio Exits
Major League Baseball has 3 portfolio exits. Their latest portfolio exit was DraftKings on April 23, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
4/23/2020 | Reverse Merger | 7 | |||
Date | 4/23/2020 | ||
|---|---|---|---|
Exit | Reverse Merger | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 7 |
Major League Baseball Acquisitions
2 Acquisitions
Major League Baseball acquired 2 companies. Their latest acquisition was Rawlings Sporting Goods Company on June 05, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
6/5/2018 | Acq - Fin | 1 | ||||
5/9/2005 | Other Venture Capital |
Date | 6/5/2018 | 5/9/2005 |
|---|---|---|
Investment Stage | Other Venture Capital | |
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acq - Fin | |
Sources | 1 |
Major League Baseball Partners & Customers
10 Partners and customers
Major League Baseball has 10 strategic partners and customers. Major League Baseball recently partnered with Ironhack on April 4, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
4/27/2023 | Partner | United States | Miami Marlins and Ironhack embark on partnership to further tech education in Miami Through this partnership , Ironhack and the Miami Marlins hope to bridge the tech equity gap in Miami and the state of Florida by providing opportunities to build tech talent within the community . | 1 | |
4/7/2023 | Partner | United States | Sportico Transactions: Moves and Mergers Roundup for April 7 T-Mobile has extended its partnership with Major League Baseball for six more years . | 1 | |
4/6/2023 | Partner | United States | T-Mobile and Major League Baseball Strike New Long-Term Deal, Creating More 5G Experiences for Fans To learn more about T-Mobile US , Inc. 's partnership with Official Wireless Partner of Major League Baseball , visit www.t-mobile.com/Official Wireless Partner of Major League Baseball . | 5 | |
3/27/2023 | Partner | ||||
3/24/2023 | Licensor |
Date | 4/27/2023 | 4/7/2023 | 4/6/2023 | 3/27/2023 | 3/24/2023 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Licensor |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Miami Marlins and Ironhack embark on partnership to further tech education in Miami Through this partnership , Ironhack and the Miami Marlins hope to bridge the tech equity gap in Miami and the state of Florida by providing opportunities to build tech talent within the community . | Sportico Transactions: Moves and Mergers Roundup for April 7 T-Mobile has extended its partnership with Major League Baseball for six more years . | T-Mobile and Major League Baseball Strike New Long-Term Deal, Creating More 5G Experiences for Fans To learn more about T-Mobile US , Inc. 's partnership with Official Wireless Partner of Major League Baseball , visit www.t-mobile.com/Official Wireless Partner of Major League Baseball . | ||
Sources | 1 | 1 | 5 |
Major League Baseball Team
17 Team Members
Major League Baseball has 17 team members, including current Chief Executive Officer, Jacob Eaton.
Name | Work History | Title | Status |
|---|---|---|---|
Jacob Eaton | Chief Executive Officer | Current | |
Name | Jacob Eaton | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
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