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Atlanta Braves Become Major League Baseball’s Only Publicly-Traded Franchise: How Fans Can Now Own a Stake

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

Atlanta Braves: Major League Baseball’s Only Publicly-Traded Franchise

Atlanta Braves fans can now own a stake in the baseball team as it became Major League Baseball’s only publicly-traded franchise. The four-time World Series champion began trading under the ticker BATRA on the Nasdaq last week after its official split from Liberty Media Corp.

Ownership and Benefits

The move allows shareholders to feel like direct owners of the Braves, according to Liberty Media CEO Greg Maffei. It brings greater transparency, information flows, and a focus on the team’s performance and real estate opportunities in The Battery, which includes the ballpark Truist Park.

The Brave’s Journey to Going Public

After 150 years of existence, the Braves have been part of public companies, starting with Turner Broadcasting and later Liberty Media. Now, as an asset-backed equity, the team has a better understanding of operating a business in the public sector, says Atlanta Braves president and CEO Derek Schiller.

Tracking Stocks and Financial Performance

The Braves’ split from Liberty Media created the opportunity for interested parties to buy the team as a whole. However, the company currently has no plan or intent to do so. The franchise’s profits will continue to be driven by on-field operations and real estate development.

Success on the Field

With the best record in Major League Baseball this year, at 64 wins and 35 losses, the Braves are the favorites to win the World Series, according to Fanduel Sportsbook. Outfielder Ronald Acuña Jr. is also among the top 5 players in batting average, on-base percentage, and slugging percentage.

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