In a blockbuster move that has sent shockwaves through the baseball world, the Detroit Tigers’ current owners, led by the Ilitch family, announced on May 16, 2025, at 8:32 PM +07, that they have sold a 10% stake in the MLB team to a partnership between Tigers legend Alan Trammell and billionaire investor Marc Lasry. The deal, which values the Tigers at approximately $2 billion, marks a new chapter for the franchise, currently the best team in the American League with a 23-13 record, and has fans buzzing with excitement and speculation.
Trammell, a Hall of Famer and 1984 World Series champion with the Tigers, has been deeply involved with the team in recent years, notably managing their Spring Breakout squad and mentoring prospects like Bryce Rainer. “This is a dream come true,” Trammell said in a press release. “I’ve given my heart to this team as a player and coach, and now to be an owner—it’s humbling. I’m here to help the Tigers soar.” His emotional connection to the franchise, where he played from 1977 to 1996, makes this a symbolic homecoming, especially as the team honors its past with events like the 2024 40th anniversary celebration of the ’84 title.
Marc Lasry, former co-owner of the Milwaukee Bucks, brings financial firepower and sports ownership experience. Despite recent controversy—a $100 million sexual misconduct countersuit filed against him on May 9, 2025, by an ex-employee—Lasry’s investment acumen is undeniable. His firm, Avenue Capital Group, specializes in distressed debt, and Lasry has voiced concerns about economic uncertainty under President Trump’s policies. “Baseball is a unifying force,” Lasry stated. “The Tigers are on the rise, and I’m thrilled to join Alan in supporting their ascent.” The partnership signals a blend of legacy and capital, aiming to bolster the Tigers’ competitive edge.
The sale comes at a pivotal moment for the Tigers, who have surged to the top of the AL with a +63 run differential, the best in baseball, as noted by ESPN. Their 2024 Cinderella run to the playoffs and this year’s dominance, led by stars like Javier Báez and Cy Young winner Tarik Skubal, have raised expectations. However, the team faces challenges, including a weak shortstop defense and recent broadcast team turmoil, as reported by Yahoo Sports. Trammell and Lasry’s involvement could provide the resources to address these gaps, with rumors swirling about potential upgrades to Comerica Park and increased spending on talent.
Fans have taken to X with fervor, with #TigersSale trending. “Trammell owning a piece of the Tigers is poetic justice!” one user posted, while another questioned, “Lasry’s got baggage—can he handle Detroit’s grit?” The Ilitch family retains majority ownership, but this minority stake sale suggests a strategic shift, possibly to fund a championship push. MLB Commissioner Rob Manfred approved the deal, calling it “a win for baseball.”
As the Tigers prepare for a crucial Subway Series against the Yankees, the ownership shakeup adds a new layer of intrigue. Trammell’s mentorship of young stars, combined with Lasry’s financial clout, could propel the Tigers to new heights. For now, Detroit fans are dreaming of a future where their team, backed by a legend and a billionaire, reclaims its place atop the MLB world.
