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Park becomes first Korean to buy stake in MLB team by joining Athletics group

LAS VEGAS -- Former Major League Baseball pitcher Chan Ho Park has become the first Korean to buy an ownership stake in an MLB franchise, joining the investment group backing the Oakland Athletics as the club plans its relocation to Las Vegas. The move marks the second major addition to the Athletics’ ownership structure in the past week, underscoring the franchise’s continued preparations for its expected move to Nevada in 2028. Park is participating through the investment group Team61, which announced Sunday night that its total commitment to the club will amount to $70 million. LAS VEGAS -- Park, who made history as MLB’s first Korean player, pitched 17 seasons in the majors from 1994 to 2010 and compiled a 124-98 win-loss record. In addition to becoming a part-owner, he will serve as a senior adviser to team owner John Fisher, a role that will formally connect his on-field experience and international profile to the club’s front office. The Athletics continue to restructure their ownership and advisory ranks as they lay the groundwork for their planned move from Oakland to Las Vegas for the 2028 season.

Prepared by Emily Rhodes and reviewed by editorial team.

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