SUGA and Park Chan Ho Investing in MLB’s The Athletics!
SUGA of BTS is making headlines in a shocking new venture. Alongside South Korean baseball legend Park Chan Ho, they are investing in the American Major League Baseball team, The Athletics.
The Athletics, previously known as the Oakland Athletics, are relocating to Las Vegas by 2028. They just had a groundbreaking event for their new stadium in late June, trying to fund a huge construction project aimed at revitalizing the team, which has struggled both on and off the field.
According to reports from July 4 KST, Park Chan Ho’s sports management company, Team 61, will invest $70 million into The Athletics and its new stadium. This private equity fund will allow Team 61 to acquire around 2-3% of new shares in the team.
The investment group includes not just SUGA and Chan Ho, but also Lee Man Deuk, president of Samchully Co., Ltd., and Mike Joo, COO at Bank of America Merrill Lynch.
The Athletics have a rich history, claiming 9 World Series titles since their founding in 1901. However, with their current struggles, they’re looking for a fresh start in Las Vegas, where the new stadium is projected to cost $1.75 billion.
Fans are buzzing! Will SUGA’s star power attract more eyes to The Athletics? And will Park Chan Ho play a key role in bringing more Korean talent to MLB?
Stay tuned for updates!
“We are excited about this new opportunity and what it means for both South Korean talent and the MLB,” said a representative from Team 61.
🚨 What do you think about this investment? Let us know on Twitter!
SUGA and Park Chan Ho investing in The Athletics? This is going to change the game! ⚾️💜
— AllKPop News (@allkpop) July 4, 2025
