Harvard Wall Streeters Buy Minor-League Dragons for $40 Million
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Minor-league baseball’s Dayton Dragons have been sold to Palisades Arcadia Baseball LLC, which is led by three Harvard University friends and graduates, according to a news release announcing the transaction.
The new ownership group, which is led by Nick Sakellariadis, Greg Rosenbaum and Michael Savit, paid a minor-league record $40 million for the team that had been owned by Mandalay Baseball Properties LLC.