A hometown home run
San Antonio's very own minor league baseball team is back to being locally owned. Designated Bidders LLC has purchased the San Antonio Missions from longtime franchise owner David Elmore of the Elmore Group.
Designated Bidders LLC consists of a group of of San Antonio business executives, with notable members including David Robinson, Manu Ginobili, and Henry Cisneros, among others. Ryan Sanders Baseball, an organization founded by MLB Hall of Famer Nolan Ryan, Reid Ryan (who is Ryan Sanders Baseball CEO), and Don Sanders will also join Designated Bidders as owners/operators of the San Antonio Missions, according to a press release.
Ryan Sanders Baseball has 25 years of experience in the sports industry at the minor and major league levels in baseball. "Our team's dedication to excellence and the fan experience is in great alignment with the Designated Bidders group of investors, their vision and energy. This partnership will ensure the future of professional baseball in San Antonio for generations to come and we couldn't be happier to be on board for the journey," said Reid Ryan in a statement.
Designated Bidders founders Bruce Hill, Randy Smith, Bob Cohen, Peter J. Holt, and Graham Weston all come to the table with a strong track record of investing in past projects with great returns. The San Antonio Spurs, for example, won five championships during Holt's tenure as chairman of Spurs Sports & Entertainment, while Weston's development firm, Weston Urban, has also helped with the development of iconic San Antonio landmarks like Legacy Park and 300 Main.
In other words, the San Antonio Missions are in capable hands moving forward.
The release also notes that the new owners of the San Antonio Missions are well aware that Nelson Wolff Stadium must be renovated in order to meet the MLB's standards for professional development league stadiums. Randy Smith, CEO and co-founder of Weston Urban, has high hopes for the future of Nelson Wolff Stadium.
"We believe our city needs a vibrant stadium where pedestrian-friendly business, recreation, public spaces, art and culture attract the talent of today and tomorrow," Smith said in the release. "An approachable, family-friendly venue is a key component of continuing to build the city our kids will call home."