Park Chan-ho buys stake in Athletics, becomes senior adviser

July 27, 2026

A consortium led by former pitcher Park Chan-ho has invested $70 million in the Athletics, marking the first South Korean stake in a Major League Baseball team.

Park Chan-ho announced Monday in Seoul that his Team61 consortium signed a strategic partnership with the Athletics. The team, formerly based in Oakland, is set to move to Las Vegas in 2028.

Park will serve as senior adviser to owner John Fisher on player development and Asian strategies. The first $55 million installment has been paid, with the remaining $15 million awaiting MLB approval.

Fisher said the partnership would help grow the Athletics and baseball in Asia. Park described the project as a bridge between South Korea and the United States.

What people are saying

Initial reactions on X emphasize the historic milestone of the first South Korean investment in MLB via Park Chan-ho's consortium, with positive comments from public figures like Ken Jeong on the opportunity and neutral announcements from journalists detailing the $70M stake and advisory role.

When Korean American actor and comedian Ken Jeong was offered a chance to join former Korean pitcher Park Chan-ho in a consortium that would buy a stake in a Major League Baseball (MLB) club, Jeong knew it was "an opportunity I just couldn't pass up." 💚💛😎⚾️@koreatimescokr…

— Ken Jeong (@kenjeong) July 27, 2026

Former pitcher Chan Ho Park became the first Korean to purchase a stake in a major league club, the second significant addition in the past week to the Athletics' ownership structure as they prepare to move to Las Vegas in 2028.https://t.co/3BAXEcWm4w

— FOX26 News (@KMPHFOX26) July 27, 2026

When Korean American actor and comedian Ken Jeong was offered a chance to join former Korean pitcher Park Chan-ho in a consortium that would buy a stake in a Major League Baseball (MLB) club, Jeong knew it was "an opportunity I just couldn't pass up."https://t.co/EqA2XDxGbh

— The Korea Times (@koreatimescokr) July 27, 2026

Park Chan-ho, the first Korean to play in MLB, has now become the first Korean to invest in a major league franchise as he joins the Athletics as a senior adviser to the owner and a key shareholder. https://t.co/IVWua6DSlV

— The Korea JoongAng Daily (@JoongAngDaily) July 27, 2026

A consortium led by former Korean pitcher Park Chan-ho has bought a stake in a relocating Major League Baseball (MLB) club, marking the first instance of a Korean investment into a big league team.https://t.co/WAY4YT0jXW

— The Korea Times (@koreatimescokr) July 27, 2026

Sources

• https://en.yna.co.kr/view/AEN20260727005700315
• https://en.yna.co.kr/view/AEN20260727005500315
• https://en.yna.co.kr/view/AEN20260727005100315