The Kitchener Panthers are on the market.
The club which has been providing baseball to local fans for 105 years in the Intercounty Baseball League says it is looking for an ownership group to direct the team into a "bright future," according to a news release.
“The Kitchener Panthers are excited to be working with Cosmos Sports & Entertainment as we take the next step to ensure the future success of our 105-year-old IBL franchise. The sale of the historic team will enable us to grow and succeed moving forward," said general manager Mike Boehmer.
Cosmos Sports & Entertainment, a leading sports marketing firm in Canada now in its 21st year, has been retained to help facilitate the deal and ensure the team finds like-minded partners.
In 2023 Cosmos Sports Franchise Division, a joint venture with Athletic Venture Advisers, handled all aspects of the sale of the Toronto Maple Leafs baseball team this past fall and it is currently working on a partial sale for the IBL’s Guelph Royals.
The Panthers say they are determined to find owners who will be committed to maintaining the principles and values of the franchise. The Panthers will continue to provide high-quality baseball and family entertainment at an affordable price.
“The IBL is simply iconic and has been a big part of thousands of fans lives in the various Ontario cities for the good part of a century," said Cosmos President Cary Kaplan. "We will ensure that the new owners of the Kitchener Panthers are committed to the long-term success and sustainability of the team in Kitchener, and that they further represent the values of the current management and fans.”
All prospective investors and enthusiasts interested in becoming part of the Kitchener Panthers’ ownership group are invited to reach out via email at [email protected]. Interested parties who are identified as ownership candidates will have access to a confidential information memorandum, ensuring transparency in the investment process.
The Kitchener Panthers are a founding member of the IBL, showcasing top-tier baseball talent and contributing to the tapestry of Canadian baseball history. The Panthers have played at Jack Couch Park since 1967.