Worcester Business Journal

wbjournal.com | January 22, 2024 | Worcester Business Journal 9 of our sponsorship, and there's probably at least 25 employees at every game. When did talks of a sale first start, and what was that process like? Larry Lucchino is the principal owner, and the way baseball works, he's the chief decision maker. He was approached, probably last spring, and then we had a chance to meet the Diamond Baseball guys. It took a long time. I was wondering if you can give some details on the ownership team after the deal is finalized. Is this a situation where Diamond is going to have 51%? Diamond Baseball will be the principal owner. Larry, the Crowley family led by me, and Jim Skeffington Jr. are the minority owners. So really, it's the Massa- chusetts owners that will be staying in. Is your role going to change at all? It seems like you may be a bit more public- ly-facing now with Diamond involved. Is that the case? My job is really simple: How can I make this thing better? You really have Larry, Charles, and Dan leading the band. I've been behind the scenes help- ing these guys since they've got here, and I'll continue to do that. I'm on the bench and get called in when needed. Obviously, the operation of a minor *Open any Fidelity Bank BusinessWorx Checking account between January 2 and March 31, 2024 to be eligible. To earn the $500 bonus you must have a minimum of $10,000 in total deposits OR enroll in Merchant Services within 60 days of account opening. Bonus(es) to be deposited into your account during the subsequent statement cycle after meeting the eligible criteria above. The value of these bonuses may constitute taxable income and will be reported on IRS Form 1099 (or other appropriate form). Offers valid only for new Fidelity Bank business checking account clients. 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All promotional offers subject to change or cancellation at any time. $500 Earn a Bonus * Also Get a Special Discount on Equipment Learn More at FidelityBankOnline.com/Bonus Or talk with one of our Business Specialists today. 800.581.5363 Switch. Save. Simply. Better Equip your Business with Fidelity Bank Simply deposit $10,000 or more into your new account or sign up for our Clover card payment services. Move your business checking to our BusinessWorx checking and be eligible for a $500 bonus. WooSox ownership With the sale to Diamond Baseball holdings official, nearly all of the Worcester Red Sox's former owners have sold their stakes in the team. Former ownership New ownership Larry Lucchino, principal owner Diamond Baseball Holdings, based in New York City Ralph Crowley Jr., president and CEO of Polar Beverages in Worcester Larry Lucchino, minority owner Jim Skeffington Jr., president and CEO of Red Beam Partners Ralph Crowley Jr., minority owner in Rhode Island Sam Kennedy, president and CEO of the Boston Red Sox and CEO Jim Skeffington Jr., minority owner of Fenway Sports Group William Egan, founder and general partner at Boston-based Alta Communications Habib Gorg, managing director of Providence private equity firm Nautic Partners Terry Murray, the former CEO of Fleet Bank in Boston Thomas Ryan, former chairman and CEO of Rhode Island healthcare firm CVS Frank Resnek, a partner of Fenway Sports Group Paul Salem, principal of Providence Equity Partners Mike Tamburro, former vice chairman of the Pawtucket Red Sox Source: Worcester Red Sox league team isn't just about your win- loss record. How do you personally measure a successful season? It's interesting because a number of WooSox players went up to the Boston Red Sox last year. e funniest headline I saw was "WooSox beat the Yankees". at's how many players we had up there. I like that success. You're always going to see a great game, but with the players changing so fast, it's hard to get totally emotionally involved in how many games you've won or how many you've lost. It may be a winning season means you send five players up. It's more about the experience of the patrons. is interview was conducted and edited for length and clarity by WBJ Staff Writer Eric Casey. W

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