SCP takes minority stake in Texas Rangers as institutional capital deepens in MLB

Oakland, California - September 25, 2024: Texas Rangers outfielder Sandro Fabian bats against the Oakland Athletics in the last night game at the Oakland Coliseum.
Oakland, California - September 25, 2024: Texas Rangers outfielder Sandro Fabian bats against the Oakland Athletics in the last night game at the Oakland Coliseum. Image credit: Conor Fitzgerald | Shutterstock

Sportsology Capital Partners makes its first Major League Baseball investment, backing one of the sport’s most valuable franchises as private equity interest in elite teams continues to accelerate.

Sportsology Capital Partners (SCP) has made a minority investment in the Texas Rangers, marking the firm’s inaugural entry into Major League Baseball.

The New York-based private investment firm, which focuses exclusively on minority stakes in professional sports franchises and global sports platforms, said the transaction underscores its conviction in the long-term value of elite sports assets.

Financial terms were not disclosed.

“The Texas Rangers are an exceptional management group, a powerful fan base, a championship organization and offer long-term fundamentals that we believe position the franchise to be among the most valuable teams in baseball,” said  said SCP Founding Partner John Carroll.

SCP stated that the investment will not alter the Rangers’ existing ownership structure or day-to-day operations.

First step into MLB

The Rangers investment represents SCP’s first deal in MLB. The firm was founded to provide minority capital alongside strategic expertise to ownership groups, targeting franchises and platforms with what it describes as durable competitive advantages, strong governance and long-term growth potential across media rights, fan engagement and global brand expansion.

The transaction takes place against a backdrop of rising professional sports franchise valuations, supported by long-term media rights agreements, international audience growth and increasing institutional participation in the sector.

MLB has in recent years permitted approved private equity funds to acquire minority stakes in franchises, creating a clearer pathway for specialist investment firms to enter the league.

Prior to the Rangers deal, SCP acquired a minority stake in the France SailGP Team alongside Ares and France international footballer Kylian Mbappé, signalling its interest in both established and emerging sports properties.

Texas Rangers’ advisers confirmed

Global law firm Hogan Lovells advised SCP on the transaction. The deal team included partners and associates across private equity, M&A, tax and finance in New York and Washington, D.C.

Moelis & Company served as financial adviser to SCP.

In a statement, Michael Kuh, New York Office Managing Partner at Hogan Lovells, described the Rangers as a premier franchise with strong long-term fundamentals.

“This transaction reflects the sophistication of today’s sports investment landscape and underscores the strength of our world-renowned global sports practice,” he said. “Our team brings unmatched insight across markets, leagues, and emerging sports platforms, and we are delighted to support SCP as they continue to build a portfolio of world class sports assets.”

The Rangers have not announced any changes to their governance or operational structure as part of the minority investment.

World series champions

Oakland, California - September 25, 2024: Texas Rangers manager Bruce Bochy in the dugout before the last night game at the Oakland Coliseum against the Oakland Athletics.
Oakland, California – September 25, 2024: Texas Rangers manager Bruce Bochy in the dugout before the last night game at the Oakland Coliseum against the Oakland Athletics. Image credit: Conor Fitzgerald | Shutterstock

The Rangers are controlled by Rangers Baseball Express, the ownership group led by Managing Partner Ray Davis and Executive Chairman Bob Simpson, which acquired the franchise in 2010.

The club has been based in Arlington, since relocating from Washington, D.C. in 1972, and plays its home games at Globe Life Field, which opened in 2020 as part of a wider stadium and mixed-use development project.

Historically, the Rangers reached back-to-back World Series in 2010 and 2011 before securing the first championship in franchise history in 2023. That title further strengthened the club’s commercial profile, supported by a modern ballpark, a large media market and sustained attendance figures.

In the 2025 MLB season, the Rangers remained competitive in the American League, contending within the AL West division and maintaining strong home attendance at Globe Life Field. While they did not replicate their championship run, the club continued to operate within what league observers regard as one of baseball’s more ambitious payroll and performance strategies in the post-title cycle.

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