Giants Legend Buster Posey Becomes First Former Player to Join Ownership Group – NBC Bay Area


Posey turns into first ex-player to affix Giants possession group initially appeared on NBC Sports activities Bayarea

SAN FRANCISCO — When Buster Posey retired final November, Giants officers made it clear that they deliberate to lean on the longer term Corridor-of-Famer for years to return. They now can accomplish that in a extra official — and shocking — means. 

The group introduced Wednesday morning that Posey has purchased into the possession group because the thirty first principal companion and grow to be a member of their Board of Administrators, which is chaired by Greg Johnson. Posey, 35, turns into the youngest member of the possession group for a franchise valued at nicely over $3 billion. 

In an announcement saying the transfer, Johnson mentioned that Posey approached the Giants after retiring final 12 months and expressed curiosity in changing into a part of possession.

“We have been thrilled that he wished to make this kind of dedication,” Johnson mentioned. “It’s uncommon for a former participant to affix his personal group’s possession with the need to have an lively function. I am excited to have Buster serve on our Board of Administrators the place his distinctive perspective and beneficial insights can be a profit to each our enterprise and baseball selections. 

“His lived expertise inside the group, from the clubhouse to the neighborhood, will additional make him an incredible thought companion for me, Larry, Farhan and others.”

It isn’t unusual for gamers to enter possession — or make that their final objective — after they have reached the extent Posey did in a dozen years within the huge leagues, however it has been performed extra usually in basketball, the place Michael Jordan owns the Charlotte Hornets, Dwyane Wade has purchased into the Utah Jazz, and LeBron James has made it clear he wish to be a part of an possession group when his taking part in days are over. Alex Rodriguez even crossed over and is a part of the brand new possession group of the Minnesota Timberwolves.

In a means, Posey is following the trail set by Derek Jeter, however with a twist. Jeter had a minority stake with the Miami Marlins earlier than parting methods with the group earlier this 12 months. Posey returns to his former group, changing into the primary former Giants participant to affix the possession group.

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“I really feel deeply related to the Giants and the San Francisco Bay Space and hope that my perspective as a former participant can be useful in rising the sport and aiding the group to construct the subsequent championship group each on and off the sector,” Posey mentioned. “I’ve at all times had such nice respect for the possession group, a lot of whom I’ve gotten to know by means of the years, who offered the assist for me and my teammates to realize the successes we did.

“I additionally imagine that I can be taught a lot by surrounding myself with enterprise leaders who’ve been on the prime of their respective industries.”

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