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Korean Legend Buys Into A's Future | Sacramento News

Korean Legend Buys Into A's Future | Sacramento News

Published 2 weeks, 4 days ago
Description

Chan Ho Park, the legendary Korean pitcher with a 17-year MLB career, just shattered history by becoming the first Korean to own a piece of a Major League Baseball team — the Oakland A’s, set to relocate to Las Vegas by 2028. His investment group, Team61, is pouring in $70 million, with $55 million already secured and another $15 million pending MLB approval. Park isn’t just a passive investor — he’s stepping into a senior advisory role with owner John Fisher. Beyond the money, Park envisions this as a cultural bridge, linking Korea’s explosive baseball growth with the future of the game in Vegas and creating pathways for the next wave of players. Meanwhile, the A’s are getting a major ownership upgrade, with Harbinger Sports — featuring Mark Cuban — adding a minority stake and raising over $460 million in just six months to fund their Vegas stadium. This marks a pivotal moment for global involvement in MLB, with Park leading the charge toward a more international, dynamic future for the sport.

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