MLB Ownership Rules

Major League Baseball (MLB) has specific ownership rules to ensure fair competition and transparency. Each team must have a principal owner who holds a majority interest, usually 50% or more. Owners cannot control more than one team in the same league to prevent conflicts and maintain competitive balance. Additionally, prospective owners must undergo a vetting process, which includes background checks and financial assessments, to ensure they can sustain the franchise. These rules aim to protect the integrity of the game and ensure that teams are operated responsibly.