Hogan Lovells advises Prospector Baseball Group in acquisition of two minor league baseball teams
New York – Global law firm Hogan Lovells advised Prospector Baseball Group (“PBG”), a new platform building a modern, community-driven Minor League Baseball collective, in the acquisition of the Jacksonville Jumbo Shrimp (Class AAA affiliate of the Miami Marlins) and the Akron RubberDucks (Class AA affiliate of the Cleveland Guardians).
PBG acquired both clubs from Ken Babby, the principal and founder of Fast Forward Sports Group in a single transaction that, following approval from Major League Baseball, closed on 9 December 2025.
This deal comes on the heels of the firm’s previous work with Prospector Baseball Group, advising the acquisition of the Lancaster Stormers baseball team. More information can be found here.
The Hogan Lovells deal team was led by New York Office Managing Partner Michael Kuh (New York, Private Equity & Funds), supported by senior associate Zohra Sayedy (M&A, New York), associate Dalton Rodriguez (M&A, Boston), and trainee solicitor Rolando Virardi (M&A, New York). Cross practice specialist support was provided by partners Caitlin Piper and Meg McIntyre (both Tax, Pensions & Benefits, Washington, D.C.), Meryl Bernstein (IP, New York), and Bryan R. Ricapito (Private Equity & Funds, Washington, D.C.), counsel Eric Andalman (Real Estate, Denver) and Emma Dowell (Private Equity & Funds, Northern Virginia), senior associates Michael Atkins (IP, Washington, D.C.), Josh Savage and Tai Palacio (both Real Estate, Denver), and Curtis Victor (Private Equity & Funds, Washington, D.C.), associate Max Feinstein (Tax, Pensions & Benefits, New York), and law clerk Taylor Knowles (Tax, Pensions & Benefits, Washington, D.C.).
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