Sportsology Capital Partners (SCP) has completed the acquisition of a minority stake in the Texas Rangers, marking its first investment in a franchise from one of the major U.S. professional sports leagues.
Financial terms were not disclosed. The deal highlights the steady flow of institutional capital into Major League Baseball (MLB) and reinforces baseball’s growing appeal as a strategic asset class for specialized sports investors.
he MLB logo on the dugout wall
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Founded by John Carroll and Mike Forde, SCP launched its fund in 2023 with a goal of raising up to $500 million to invest across the leading U.S. leagues.
The firm seeks to differentiate itself from large private equity groups by targeting a select number of “high-quality” opportunities, focusing on franchises with strong fundamentals, stable revenue profiles, and long-term value appreciation potential.
The Rangers transaction also marks SCP’s entry into MLB. The Texas franchise, which captured the World Series title in 2023, was valued by Sportico at $2.47 billion in 2025, slightly below the league average of $2.8 billion per team.
Although reports in 2023 indicated that Sportsology had explored acquiring up to a 10% stake alongside Ares Management, the deal finalized this week was executed independently. The two firms had previously partnered on an investment in a French SailGP team.
SCP has emphasized that its strategy centers on minority investments that preserve existing ownership and operational control, while providing patient capital and strategic guidance in areas such as media rights optimization, international growth, and fan engagement.
The transaction does not alter the controlling position of majority owner Ray Davis and is structured as a long-term partnership.
The investment comes amid sustained growth in U.S. professional sports franchise valuations, fueled by resilient media rights agreements, expanding global audiences, and leagues’ increasing openness to institutional capital.
In this evolving landscape, specialized funds like Sportsology are positioning themselves as long-term strategic partners to traditional ownership groups in an increasingly sophisticated and competitive marketplace.