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Major Buyout of Nine Minor League Baseball Teams by Endeavour Group

Endeavor group acquires affiliates of minor league clubs and wants to turn around the minor league with major Television and sponsorship rights.

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Major Buyout of Nine Minor League Baseball Teams by Endeavour Group

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  1. Major Buyout of Nine Minor League Baseball Teams by Endeavour Group The owner of the Professional Bull Riders and Ultimate Fighting Championship is planning to buy nine baseball teams of minor league. As per Bloomberg news, Endeavor Group Holdings Inc wants to acquire teams like Scranton/Wilkes Barre RailRiders, an affiliate of the New York Yankees organization, and Iowa Cubs belonging to Chicago Cubs, among others who participate in the Major league Baseball. The details are not disclosed yet. Owning properties like PBR and UFC, the Endeavour Group is using its expertise in the sports business and wants to convert the minor baseball league into a major league. It has formed Diamond Baseball holdings which are expected to look after ticket sales, naming rights, sponsorship, operations of food and beverage, and media rights for the nine teams acquired. In an interview, Mark Shapiro, President of Endeavor, said,” We have plenty of professional and personal experience in building such kind of opportunities.”

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