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Chan Ho Park Joins A's Ownership as First Korean MLB Investor

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Former pitcher Chan Ho Park became the first Korean to purchase a stake in a major league club, joining the Athletics' ownership group as they prepare to move to Las Vegas in 2028. Park, the first Korean major league player who pitched 17 seasons (1994-2010), going 124-98, also will take on the title of senior adviser to owner John Fisher.

The investment group, Team61, announced Sunday night its investment will total $70 million, of which $55 million is committed with another $15 million if Major League Baseball approves the deal. Actors Ken Jeong and Daniel Dae Kim also are part of the investment group.

Park said he hopes to create opportunities for the next generation of players through exchanges with Las Vegas. Fisher touted the international benefits, calling South Korea an exciting country for baseball. Meanwhile, Harbinger Sports Group, which includes former Dallas Mavericks owner Mark Cuban, announced Thursday it bought a minority stake in the A's, having raised more than $460 million.

The A's are building a $2 billion, 33,000-person domed stadium on the Las Vegas Strip and are currently playing the second of three planned seasons in West Sacramento, California.