Giants selling ownership stake – What does it mean?
That’s Amaury News and Commentary
By Amaury Pi-González
San Francisco Giants CEO Larry Baer says the money from the sale of 10% of the Giants will be used for ballpark improvements with the developments around the ballpark (San Francisco Chronicle file photo)
The San Francisco Giants dropped a 10% ownership stake in the franchise to the private equity firm Sixth Street, as reported today by the New York Times. The Giants did not confirm the specific share that it sold. Still, they said it was a “strategic partnership.” Larry Baer, Giants President, and CEO, said that the deal “allows (the Giants) to strengthen further our franchise on the field and in the community.”
That the Giants intend to use the money for improvements to Oracle Park and the Mission Rock mixed-use development surrounding the stadium, as well as the team’s Spring Training complex in Scottsdale. But it will not impact the team’s players’ payroll. And added, “This is about improvements to the ballpark, making big bets on San Francisco and the community around us, and having the firepower to take us into the next generation.” said Baer Major League Baseball Network revealed.
Major League Baseball and NBC Sports Regional Networks announced a new partnership today to stream games consumers for three MLB Clubs: Athletics (NBC Sports California), Giants (NBC Sports Bay Area), and Phillies (NBC Sports Philadelphia) – through MLB.TV during the 2025 season.
Fans in the Clubs’ home territories can now watch the networks’ game coverage live and on-demand with live pre-and post-game shows through the league’s streaming service, which is now entering its 23rd season. Talking about money for those who like to watch MLB games on TV.
This 2025 season- Packages for the A’s and Giants will be available monthly for $19.99 and can be bundled with MLB.TV’s out-of-market games for $39.99 a month. The Phillies package will be available for $24.99 monthly and can be bundled with MLB.TV’s out-of-market package for $44.99 per month.
Here’s a list of the current valuations for each MLB franchise as of late 2024,
1-New York Yankees $7.55 Billion
2 Los Angeles Dodgers $5.45 Billion
3 Boston Red Sox $4.5 Billion
4 Chicago Cubs $4.22 Billion
5 San Francisco Giants $3.8 Billion
6 New York Mets $3 Billion
7 Philadelphia Phillies $2.92 Billion
8 Atlanta Braves $2.8 Billion
9 Los Angeles Angels $2.7 Billion
10 St. Louis Cardinals $2.55 Billion
11 Houston Astros $2.42 Billion
12 Texas Rangers $2.4 Billion
13 Seattle Mariners $2.2 Billion
14 Toronto Blue Jays $2.1 Billion
15 Chicago White Sox $2.05 Billion
16 Washington Nationals $2 Billion
17 San Diego Padres $1.78 Billion
18 Baltimore Orioles $1.73 Billion
19 Milwaukee Brewers $1.6 Billion
20 Colorado Rockies $1.48 Billion
21 Minnesota Twins $1.46 Billion
22 Detroit Tigers $1.45 Billion
23 Arizona Diamondbacks $1.43 Billion
24 Cleveland Guardians $1.35 Billion
25 Pittsburgh Pirates $1.32 Billion
26 Cincinnati Reds $1.26 Billion
27 Tampa Bay Rays $1.25 Billion
28 Kansas City Royals $1.2 Billion
29 Miami Marlins $1.2 Billion
30 Oakland Athletics $1.1 Billion
Amaury Pi-Gonzalez – Cuban-born Pi-González is one of the pioneers of Spanish-language baseball play-by-play in America. Began as Oakland A’s Spanish-language voice in 1977 ending in 2024 (interrupted by stops with the Giants, Mariners and Angels). Voice of the Golden State Warriors from 1992 through 1998. 2010 inducted in the Bay Area Radio Hall of fame.