Pacific Sports Group owns the rights to two teams in Hawaii, Na Koa Ikaika Maui and the Hawaii Stars, one each on the islands of Maui and Hawaii (the Big Island). If negotiations are successful, the conversion of the Hawaii teams to an affiliated MLB team will dramatically alter the franchise asset value by 7-10 times its net worth. No minor league team in affiliated baseball, at even the lowest level, has sold for less than $10M.
The Hawaii Professional Baseball League will add four (4) more teams throughout the islands, with at least two (2) on Oahu. Discussions were held with the University of Hawaii – West Oahu, and their needs for expanded facilities could be filled by PSG’s concept.
Minor League Baseball is the fastest growing family sport in America and draws more than 50,000,000 fans each season. Minor league baseball draws more total fans to their games than the NBA, NFL and NHL combined. The reasons fans are flocking to minor league baseball in record numbers include the fact that the players are more accessible, the games are less expensive, the stadiums are easier to drive to, but one of the most gratifying reasons is that the minors have brought family fun back to baseball.
PSG’s goal is to own and operate multiple teams, establish and operate its own league, and open the markets in the Pacific Rim, exploiting the American brand of baseball to the Far East where the interest in the sport is even more passionate than here in the United States. PSG’s intention is to play two seasons, spring/summer and fall/winter, thus increasing its income, and taking advantage of the natural all year round environment in Hawaii.
Bob Young began a working relationship with the Japan Baseball Challenge League (“BCL”), one of the two independent leagues in Japan. Japan and Asia represent a huge baseball opportunity for PSG. Asian fans are wild about their baseball and love Hawaii, so the two have become a natural for PSG to expand and reach a huge target audience.
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