Braves selling their minor league franchises?
Posted: Wed Dec 8, 2021 6:09 pm
The sale to Endeavor Group Holdings -- a publicly traded company that includes entertainment-agency WME, sports-and-media business IMG and mixed-martial-arts organization UFC -- for an undisclosed price will end decades of ownership by the Braves of minor-league teams.
The sale to Endeavor Group Holdings -- a publicly traded company that includes entertainment-agency WME, sports-and-media business IMG and mixed-martial-arts organization UFC -- for an undisclosed price will end decades of ownership by the Braves of minor-league teams.
But the Gwinnett, Mississippi and Rome teams will continue to serve as the Braves’ Triple-A, Double-A and High-A affiliates, respectively, under the new ownership.
What it means: The minor-league teams will operate as in the past for on-field matters, but the Braves will no longer run the business side.