Prospector Baseball Group

Prospector Baseball Group
IndustrySports management
Founded2025 (2025)
Key people
John Abbamondi, principal owner
Ben Boyer, principal owner
Websiteprospectorbaseball.com

Prospector Baseball Group (PBG) is an American sports ownership and management group that operates three baseball teams in the United States. PBG was established in 2025 by sports executive John Abbamondi and venture capitalist Ben Boyer. The company owns the Minor League Baseball (MiLB) Akron RubberDucks, Jacksonville Jumbo Shrimp, and the Atlantic League of Professional Baseball (ALPB) Lancaster Stormers. The company plans to acquire as many as 15 baseball teams, made up of MiLB and independent clubs.

History

The company was founded in 2025 by John Abbamondi and Ben Boyer. Abbamondi was the chief executive officer of the Brooklyn Nets and BSE Global,[1][2] the former senior director of labor economics for Major League Baseball, an assistant general manager of the St. Louis Cardinals, and vice president of strategy and business analysis for the San Diego Padres.[3] Boyer is an entrepreneur and investor who co-founded Tenaya Capital, R‑Zero, and Honor Pet.[4][5]

In October 2025, the company purchased the Lancaster Stormers, an independent baseball league team in the Atlantic League of Professional Baseball.[5][6] At the time, Abbamondi and Boyer stated an intention to purchase up to 15 total teams, made up of both MiLB and independent clubs.[7] In December 2025, Prospector Baseball Group acquired the Jacksonville Jumbo Shrimp,[8] a Triple-A baseball team in the International League, and the Akron RubberDucks,[9] a Double-A baseball team in the Eastern League.[10] The Jumbo Shrimp, an affiliate of the Miami Marlins, and the RubberDucks, an affiliate of the Cleveland Guardians, were both acquired from Ken Babby of Fast Forward Sports Group, who sold the two minor league teams after his acquisition and hiring as the CEO of the Tampa Bay Rays.[11][12][13]

In December 2025, Arctos Partners came on board as the lead financial and strategic partner for PBG.[14][15]

References

  1. ^ "Sports And Entertainment Industry Veteran John Abbamondi Named Chief Executive Officer Of BSE Global" (Press release). Barclays Center. July 28, 2020. Retrieved January 17, 2026.
  2. ^ "MIT Sloan Sports Analytics Conference Speaker | John Abbamondi". Sloan Sports Conference. Retrieved January 17, 2026.
  3. ^ "Padres hire Cardinals' John Abbamondi as VP". Fox Sports. Retrieved January 17, 2026.
  4. ^ "Team | Ben Boyer". Tenaya Capital. Retrieved January 17, 2026.
  5. ^ a b "Susquehanna Valley baseball team being sold". WGAL. October 31, 2025. Retrieved January 17, 2026.
  6. ^ "Tech-driven baseball ownership group launches with first team acquisition". Sports Business Journal. October 30, 2025. Retrieved January 17, 2026.
  7. ^ Guarente, Jason (October 30, 2025). "Lancaster Stormers organization to be sold [update]". LancasterOnline. Retrieved January 31, 2026.
  8. ^ "Prospector Baseball Group Acquires Jacksonville Jumbo Shrimp" (Press release). Jacksonville Jumbo Shrimp. December 9, 2025. Retrieved January 17, 2026 – via MiLB.com.
  9. ^ Kass, Arielle (December 9, 2025). "Akron RubberDucks are sold to Prospector Baseball Group". Signal Akron. Retrieved January 17, 2026.
  10. ^ "Prospector Baseball Group Acquires Jacksonville Jumbo Shrimp". MiLB.com. Retrieved January 17, 2026.
  11. ^ Lewis, Ryan. "Prospector Baseball Group founders discuss Akron RubberDucks purchase". Akron Beacon Journal. Retrieved January 17, 2026.
  12. ^ Freeman, Clayton. "Jacksonville Jumbo Shrimp sale is complete. Meet the new owners". The Florida Times-Union. Retrieved January 17, 2026.
  13. ^ Brown, Will (December 9, 2025). "Jacksonville Jumbo Shrimp sold". Jax Today. Retrieved January 17, 2026.
  14. ^ Mazzeo, Mike (January 17, 2026). "Arctos Partners backs Prospector Baseball Group". Sports Business Journal. Retrieved January 17, 2026.
  15. ^ Horney, Ben (December 17, 2025). "Private Equity Dives Further Into Minor League Baseball". Front Office Sports. Retrieved January 17, 2026.