CTSW Represents Majority Share Buyer of Minor League Baseball Team

The Memphis Redbirds, the class AAA/Pacific Coast League affiliate of the St. Louis Cardinals baseball team, have a new majority owner. Peter B. Freund, the principal owner of Trinity Baseball Holdings, has acquired a majority share of the team. He is also the majority owner of the Williamsport Crosscutters, co-owner of the Charleston RiverDogs, and has a minority stake in the New York Yankees. CTSW represented Trinity Baseball Holdings on the deal, the latest in the firm’s work in the areas of sports and entertainment.