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Owners of RailRiders for sale

April 09. 2013 8:48PM

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MOOSIC – On Tuesday morning, Baseball America reported that Mandalay Baseball Properties, which owns the Scranton/Wilkes-Barre RailRiders, was put up for sale.
The team confirmed the report, as shareholder Seaport Capital is selling its share of the Mandalay holding company.
But according to RailRiders president and general manager Rob Crain, the development will not affect the team.
“I know the holding company is the one that's forcing (the sale) and that there will be no change in operations,” Crain said. “There will be no change in management. There will be no change in our affiliation with the New York Yankees . There will be no change in our agreement with the county.
“It is business as usual for us. It changes nothing. Nothing's sold and nothing's changed. Nothing. We're business as usual.”
Mandalay also owns the Triple-A Oklahoma City Red Hawks, the Double-A Erie Seawolves and Frisco RoughRiders and the Low-Class A Dayton Dragons. According to the report, the five teams are being sold as a group.
Mandalay also holds investments in Professional Sports Catering and 4Topps, a premium seating service.

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