Dayton Dragons Welcome Diamond Baseball Holdings as New Owner
DAYTON, OHIO (March 13, 2025) – Palisades Arcadia Baseball LLC, led by Nick Sakellariadis, Greg Rosenbaum and Mike Savit, announced today that it has entered into an agreement to sell the Dayton Dragons to Diamond Baseball Holdings (DBH), an organization that owns and operates select minor league clubs affiliated with
DAYTON, OHIO (March 13, 2025) – Palisades Arcadia Baseball LLC, led by Nick Sakellariadis, Greg Rosenbaum and Mike Savit, announced today that it has entered into an agreement to sell the Dayton Dragons to Diamond Baseball Holdings (DBH), an organization that owns and operates select minor league clubs affiliated with Major League Baseball (MLB). The club will remain in Dayton as the High-A affiliate of the Cincinnati Reds and join the Reds Triple-A affiliate, the Louisville Bats, on the DBH roster. The Dragons existing front office staff, led by President Robert Murphy, will continue to operate the club.
“We’re proud to join Diamond Baseball Holdings and begin an exciting new era of Dragons baseball,” said Dragons President Robert Murphy. “They have a long track record for preserving the unique character of each club while fostering positive change in local communities. DBH understands how much this team means to Dayton, and we look forward to working with them to elevate the experience at Day Air Ballpark even further. Thank you to Palisades Arcadia Baseball for their support and contribution to the Dayton Dragons Organization over the last 10 years.”
The Dragons are one of the most successful professional sports franchises in the country, recognized across the industry for their remarkable business performance and strong community engagement. They have sold out each of their 1,573 home games at Day Air Ballpark over the past 24 seasons, which marks the longest sellout streak in North American pro sports history. The club had an average attendance of 8,012 in 2024, which was the third highest in MiLB. The Dragons total attendance of 528,778, ranked fourth in MiLB, is made more impressive when considering Single-A and High-A teams play only 66 home games, while Double-A and Triple-A teams play 69 and 75, respectively. Additionally, the club has ranked No. 1 in attendance among the 60 Class-A teams in professional baseball in 24 consecutive seasons – every year of the Dragons existence.
“We would like to extend our sincere thanks to the City of Dayton, Montgomery County, the State of Ohio and Dragons fans for their tremendous support over the past decade,” said Nick Sakellariadis, Greg Rosenbaum and Mike Savit. “We are incredibly proud of what has been accomplished in Dayton and at Day Air Ballpark since we took ownership in 2014. We wish the club continued success as it begins a new chapter with Diamond Baseball Holdings and look forward to continuing to support the Dragons for years to come.” Sakellariadis and Rosenbaum will remain as Co-Executive Chairmen of the club.
"On behalf of the Reds, we want to thank Nick, Greg, Mike and Robert for their tireless efforts over the last 10 years to provide an unmatched experience for our players. We are excited to build upon our relationship with Diamond Baseball Holdings as they welcome the Dragons,” said Nick Krall, Reds President of Baseball Operations. “DBH’s vast experience and resources across Minor League Baseball have benefitted our Triple-A affiliate in Louisville and will help elevate the Dragons, providing a platform for continued success.”
Through its roster of affiliated clubs across the country, DBH is on a mission to make lifelong memories for its fans. The company works to support local passions and priorities with national reach and scale, integrating cutting-edge digital technologies into club operations as well as providing new value-generating opportunities in partnership with MiLB.
“The Dayton Dragons are one of the crown jewels of Minor League Baseball,” said Pat Battle and Peter Freund, Executive Chairman and CEO of DBH, respectively. “Their 24-season sellout streak is perhaps the single most impressive statistic in North American sports. It is a testament to not only how strongly the Dragons resonate with their community, but also to the exemplary work by Robert Murphy and his front office staff.
We’re honored to add them to our roster as we aim to build on their unprecedented success while continuing to grow our relationship with the Reds.”
Subject to obtaining the consent of the league and the City of Dayton, and satisfying other standard closing conditions, the transaction is expected to close soon.
About Dayton Dragons
The Dayton Dragons are the High-A affiliate of the Cincinnati Reds. They play in the Midwest League and host 66 homes games from April to September at Day Air Ballpark in downtown Dayton. www.daytondragons.com
About Diamond Baseball Holdings
Diamond Baseball Holdings (DBH) was formed in 2021 to support, promote and enhance Minor League Baseball Clubs affiliated with Major League Baseball through professional management, best practices, innovation and investment.
These 15 moments led to season No. 15 of Minor League road trips
Benjamin Hill travels the nation collecting stories about what makes Minor League Baseball unique. This excerpt from his newsletter is a mere taste of the smorgasbord of delights he offers every week. Read the full newsletter here, and subscribe to his newsletter here.
MiLB podcast crew makes Opening Day predictions
Check out the latest episodes of The Show Before the Show, MiLB.com's official podcast. A segment rundown is listed below, in case you want to skip to a particular section. Like the podcast? Subscribe, rate and review on Apple Podcasts. The podcast is also available via Spotify, Megaphone and other
Everything you need to know for Triple-A Opening Day
First, there was big league Opening Day. Now it's Triple-A's turn to take the spotlight. The Minor League season opens Friday when the Triple-A International League and Pacific Coast League seasons get underway for the first of MiLB’s two Opening Days. And right out of the gates, several of baseball's
Top prospects to watch at Triple-A -- one for each organization
It’s Triple-A’s turn up to bat on Friday. The regular season begins for the Minor Leagues’ highest level one day after the action starts on the Major League side. Fun fact: it’ll be the earliest start to a Minor League season since 1951 (March 27). Double-A, High-A and Single-A will
Here's where every Top 100 prospect is expected to start the season
The 2025 Opening Day prospect roster announcements began last week when the Cubs informed Matt Shaw (MLB No. 19) he was making the trip overseas to compete in the Tokyo Series. Roki Sasaki (No. 1) also received the good news, but his assignment was much less of a surprise. Now
Nationals prospect King joins MiLB podcast
Check out the latest episodes of The Show Before the Show, MiLB.com's official podcast. A segment rundown is listed below, in case you want to skip to a particular section. Like the podcast? Subscribe, rate and review on Apple Podcasts. The podcast is also available via Spotify, Megaphone and other
Here are the 2025 All-Spring Breakout Teams
Fifteen games, several jersey swaps and countless highlights later, the second edition of Spring Breakout has officially concluded – and it lived up to its billing. Of the 16 contests sprinkled across four days, only one game (Dodgers vs. Cubs) was rained out. Coincidentally, the Cubs were one of two
Rox young sluggers aim to bring pop back to Coors Field
SCOTTSDALE, Ariz. -- Coors Field may provide the best run-scoring environment in Major League Baseball, but the Rockies haven’t taken advantage of it in recent years. Even without adjusting for Coors, they have fielded offenses worse than the league average the past three seasons, and they scored the fewest runs
Astros brass sees potential in consistently 'underranked' farm system
WEST PALM BEACH, Fla. -- The last time the Astros landed in the top 10 of MLB Pipeline’s farm system rankings was before the 2019 season. Since those rankings expanded to all 30 teams ahead of the 2020 season -- 11 lists in total -- they’ve never ranked higher than
Complete results and highlights from Spring Breakout
The second edition of MLB Spring Breakout is complete, and there was no shortage of highlights from the future stars of Major League Baseball over the four-day showcase. Here's a complete breakdown of the 16-game exhibition:
Southpaw Spring Breakout: White Sox future on display with Schultz, Smith
GLENDALE, Ariz. -- If all goes as planned for the White Sox, left-handers Hagen Smith and Noah Schultz won’t spend much time following each other to the mound in a single game. Schultz, the No. 1 White Sox prospect and No. 16 overall, per MLB Pipeline, and Smith, who is
In first pro game, Rainer offers pop, promise to Tigers fans
NORTH PORT, Fla. -- Bryce Rainer’s pro career consisted of workouts and batting practice until Sunday.
'Me and Brady on the dirt again': House, King reunite at Spring Breakout
WEST PALM BEACH, Fla. -- The 2025 Spring Breakout was a flashback for Brady House and Seaver King. Over 10 years ago, the infielders were travel ball teammates in Georgia who shared the dream of making it to the Major Leagues. Now, they are top prospects in the same organization,
Lambert -- 'an adrenaline guy' -- hoping to be next Mets bullpen gem
WEST PALM BEACH, Fla. -- Ryan Lambert loves throwing hard. He relishes the idea of getting to two strikes and blowing hitters away. “Get me in a game,” Lambert said, “cool things will happen.”
Stewart embraces Spring Breakout: 'What's not to love?'
PHOENIX -- Sal Stewart was one fired-up Reds prospect. On Sunday in the first inning during the organization's 9-7 Spring Breakout win over Brewers prospects, Stewart lifted a 2-2 pitch that sailed over the center fielder's head to the wall. Already not known as a speedster, he stumbled running between
Prospect Peña quietly drawing raves in Brewers' farm system
PHOENIX – Jesús Made was at the top of the Brewers’ lineup for Sunday’s 9-7 loss to the Reds in the finale of MLB’s four-day Spring Breakout, a fitting perch when you consider that the 17-year-old infielder is under a bright spotlight as MLB Pipeline’s No. 55 prospect. Made could
Brecht -- in 1st outing since '24 Draft -- wows at Spring Breakout
GLENDALE, Ariz. -- Sunday's Spring Breakout showcase was the perfect unveiling for Rockies No. 5 prospect Brody Brecht. A right-handed pitcher from the University of Iowa whom the Rockies selected 38th overall last summer, Brecht had a nice collegiate resume, an interesting backstory as a former wide receiver for the
Braves prospects show promise in Spring Breakout
NORTH PORT, Fla. -- As Terry Pendleton prepared to serve as the manager of the Braves prospect team that played the Tigers prospect team in a Spring Breakout game on Sunday afternoon, he said fans should be patient with John Gil and Luis Guanipa, a pair of teenagers who have
Yanks' Lagrange flashes triple-digit heat in Spring Breakout
SARASOTA, Fla. -- There was an audible “Ooh” from the crowd at Ed Smith Stadium, and Carlos Lagrange quickly glanced beyond the right-field wall, checking the velocity of the pitch he’d just thrown in Saturday’s 5-4 Spring Breakout loss to the Orioles. It had registered in the triple digits, and
Bradfield dedicates Spring Breakout performance to late friend
SARASOTA, Fla. -- It was about more than playing in the national spotlight. More than the dinner bet placed with an old college teammate earlier in the month. More than a game. As Enrique Bradfield Jr. slid home to score a run during the first inning of Saturday night’s Spring