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OKC RedHawks parent company selling its ownership shares

www.bloomberg.com Published: April 5, 2013
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Seaport Capital LLC, which includes a majority stake in Mandalay Baseball Properties, is selling its share of the holding company that owns five minor-league baseball teams, including the Oklahoma City RedHawks.



Included in the portfolio are the Dayton Dragons, Erie Seawolves, Frisco Roughriders, Oklahoma City Redhawks and Scranton Wilkes-Barre Railriders, which are co-owned by the Yankees. The teams are expected to generate more than $40 million in revenue this year.

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