Page 10 - LRCC April FOCUS 2023
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#LOVELANSING                                                                FOCUS MAGAZINE  |  APRIL 2023



        Diamond Baseball Holdings to Purchase Lansing Lugnuts


               iamond                                                                          Augusta GreenJackets
               Baseball                                                                        and San Jose Giants
       DHoldings (DBH),                                                                        in being operated by
        an organization that                                                                   DBH.
        owns and operates
        select minor league                                                                   “The Lugnuts have
        clubs affiliated with                                                                  been one of the great
        Major League Baseball                                                                  joys in my life. It is a
        (MLB), has entered                                                                     bittersweet decision
        into an agreement                                                                      to sell the team,”
        to purchase the                                                                        said TMO managing
        Lansing Lugnuts                                                                        partner Tom Dickson.
        from Take Me Out to                                                                   “But I can promise
        the Ballgame, L.L.C.                                                                   you that DBH’s Peter
        (TMO), the Lugnuts                                                                     Freund and Pat Battle
        recently announced.                                                                    are terrific people who
        It is the franchise’s first ownership change since TMO   love baseball, and I am confident that the Lugnuts and
        purchased the Waterloo Diamonds in 1994 and brought     the City of Lansing are in good hands with them.”
        the Lugnuts to Lansing in 1996.
                                                               “We are thrilled to have the opportunity to own such an
        The Lugnuts will continue to be directed by the current   iconic franchise as the Lugnuts, built by one of the best
        front office staff, led by general manager Zac Clark. The   owner/operators in the game in Tom Dickson,” said
        franchise will remain in Lansing as the High-A affiliate   Peter Freund, CEO of DBH. “We could not imagine a
        of the Oakland Athletics.                               better city, ballpark, or management team, and we look
                                                                forward to being part of the Lansing community for
        Executive Chairman Pat Battle and CEO Peter Freund      years to come.”
        oversee DBH, each a lifetime baseball fan and owner
        and operator within Minor League Baseball (MiLB)        The transaction will be completed subject to TMO
        before joining DBH in December 2021. The Lugnuts will   obtaining all necessary league and City of Lansing
        join Triple-A’s Iowa Cubs, Memphis Redbirds, Scranton/  approvals. With the purchase, DBH will assume the
        Wilkes-Barre RailRiders and Gwinnett Stripers; Double-  Lugnuts’ lease upon the finalization of the transfer.
        A’s Midland RockHounds, Mississippi Braves, Portland    The current rights to Jackson® Field™ extend through
        Sea Dogs and Wichita Wind Surge; High-A’s Hudson        2034; the intention by all parties is to keep the Lugnuts
        Valley Renegades and Rome Braves; and Single-A’s        in Lansing far longer than that. l





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