Temerity Baseball

Temerity Baseball is a baseball-focused subsidiary of Temerity Capital Partners, an investment firm whose sports interests include ownership and management of minor league baseball teams and a minority interest in Major League Baseball's Tampa Bay Rays. The baseball platform is headquartered in Washington, D.C., and is led by founder and chief executive Andy Sandler. The company's operating portfolio has been built primarily through the acquisition of minor league clubs together with the stadium assets and local commercial infrastructure associated with those teams. Its first identified acquisition came in October 2018, when Temerity purchased the Kannapolis Cannon Ballers, then known as the Kannapolis Intimidators. The Single-A club competes in the Carolina League as an affiliate of the Chicago White Sox. Temerity also owns the team's home venue, Atrium Health Ballpark. The rebranding of the club as the Cannon Ballers formed part of the team's identity and venue development under its new ownership. In January 2022, Temerity expanded its portfolio in North Carolina by acquiring the Greensboro Grasshoppers, a High-A team in the South Atlantic League affiliated with the Pittsburgh Pirates. The transaction also included First National Bank Field, the team's home stadium. The Greensboro acquisition gave the company a second affiliated minor league operation in the state and broadened its presence across the Carolina baseball market. Temerity entered independent professional baseball in January 2024 through the purchase of the Lexington Legends of the Atlantic League of Professional Baseball. The club was acquired from Nashville investors Nathan and Keri Lyons, who had renamed the team the Lexington Counter Clocks in 2023. Following the transaction, Temerity owned the team and its home venue, Legends Field. The acquisition added an independent Atlantic League franchise to a portfolio that had previously centered on affiliated minor league baseball. In October 2025, Temerity joined a limited partnership group that acquired a minority interest in the Tampa Bay Rays. The group included investors associated with the Tampa Bay area, including former NBA player Shane Battier, Mike Salvino, and Terry Bellinger. This investment extended Temerity's baseball activities from the operation of minor league clubs into minority ownership at the Major League level. Temerity Baseball's positioning is therefore based on sports ownership, venue stewardship, and local-market baseball operations rather than on consumer products. Its portfolio model combines team management with control or ownership of ballparks, allowing the organization to participate in ticketing, sponsorship, events, concessions, branding, and community engagement around professional baseball. Publicly available reference material does not establish a separate consumer-facing website, detailed financial disclosures, revenue figures, or a complete corporate history beyond the acquisitions and ownership activities described above.

Temerity Baseball operates as the baseball-focused subsidiary of Temerity Capital Partners. Its activities combine professional team ownership, stadium ownership, and sports investment. The available reference material identifies Andy Sandler as the platform's founder and chief executive and places the business in Washington, D.C. The platform established its minor league presence in October 2018 with the purchase of the Kannapolis Intimidators, a Single-A Carolina League team affiliated with the Chicago White Sox. The transaction included the club's home stadium, now known as Atrium Health Ballpark. Under Temerity's ownership, the franchise adopted the Kannapolis Cannon Ballers name, creating a distinct local identity for the team and its venue. Temerity expanded in January 2022 by acquiring the Greensboro Grasshoppers from Greensboro Baseball LLC. The Grasshoppers compete at the High-A level in the South Atlantic League and are affiliated with the Pittsburgh Pirates. First National Bank Field, the team's home stadium, was included in the acquisition. The addition of Greensboro gave Temerity a second affiliated minor league franchise in North Carolina and increased the geographic concentration of its baseball operations in the Carolinas. In January 2024, the company broadened its portfolio beyond affiliated minor league baseball by purchasing the Lexington Legends of the Atlantic League of Professional Baseball. The seller group consisted of Nashville investors Nathan and Keri Lyons, who had changed the club's name to the Lexington Counter Clocks the previous year. Temerity acquired the team and its venue, Legends Field. This transaction introduced an independent-league franchise into the company's operating portfolio. The next reported step in Temerity's development came in October 2025, when it joined a limited partnership group taking a minority interest in the Tampa Bay Rays. The partnership included Tampa Bay-area investors and public figures such as former NBA player Shane Battier, Mike Salvino, and Terry Bellinger. The investment gave Temerity exposure to Major League Baseball ownership while preserving its established role as an operator and owner of minor league teams and ballparks. Across these transactions, Temerity's approach has centered on acquiring complete baseball properties rather than only holding team rights. The inclusion of stadiums in the Kannapolis, Greensboro, and Lexington transactions means the company participates in venue operations as well as baseball club management. This structure can support year-round events, sponsorships, hospitality, ticketing, concessions, and community programming, although the available source material does not provide detailed financial or operating metrics. No public listing, ticker, revenue figure, or independently documented founding year is identified in the supplied references.

• 2025

  Entry into Tampa Bay Rays ownership group

  [1]Temerity Baseballen.wikipedia.org

  Temerity joined a limited partnership group acquiring a minority interest in the Tampa Bay Rays.

• 2024

  Acquisition of Lexington Legends

  [1]Temerity Baseballen.wikipedia.org

  Temerity purchased the independent Atlantic League's Lexington Legends and the team's home stadium, Legends Field.

• 2022

  Acquisition of Greensboro Grasshoppers

  [1]Temerity Baseballen.wikipedia.org

  Temerity acquired the High-A Greensboro Grasshoppers and First National Bank Field from Greensboro Baseball LLC.

• 2018

  Acquisition of Kannapolis baseball franchise

  [1]Temerity Baseballen.wikipedia.org

  Temerity purchased the Kannapolis Intimidators, a Single-A Carolina League team affiliated with the Chicago White Sox, along with its home stadium, later known as Atrium Health Ballpark.

A baseball ownership and operating platform focused on acquiring and managing professional baseball teams, associated ballparks, and regional sports-entertainment assets.

• Single-A minor league baseball team · 2018

  Kannapolis Cannon Ballers

  A Carolina League baseball club affiliated with the Chicago White Sox. Temerity acquired the franchise in 2018, when it was known as the Kannapolis Intimidators, and also owns the team's home venue, Atrium Health Ballpark.

• High-A minor league baseball team · 2022

  Greensboro Grasshoppers

  A High-A team in the South Atlantic League affiliated with the Pittsburgh Pirates. Temerity acquired the Grasshoppers and First National Bank Field in 2022.

• Independent minor league baseball team · 2024

  Lexington Legends

  A club competing in the Atlantic League of Professional Baseball. Temerity acquired the team and Legends Field in 2024 after the franchise had briefly operated under the Lexington Counter Clocks name.

• Major League Baseball investment · 2025

  Tampa Bay Rays minority ownership interest

  A minority interest held through a limited partnership group that includes Temerity and other investors connected with the Tampa Bay region.

• 2025

  Minority investment in the Tampa Bay RaysM&A

  Background

  Temerity broadened its baseball investment activities beyond direct operation of minor league teams.

  Action taken

  It joined a limited partnership group acquiring a minority interest in the Tampa Bay Rays.

  Aftermath

  The investment added a Major League Baseball ownership position to Temerity's portfolio while leaving its minor league and venue operations as core activities.

  Source

• 2024

  Acquisition of Lexington LegendsM&A

  Background

  The Lexington franchise had recently changed its identity to the Lexington Counter Clocks under its prior Nashville-based investors.

  Action taken

  Temerity acquired the independent Atlantic League team and Legends Field.

  Aftermath

  The purchase diversified Temerity's portfolio by adding an independent-league club to its affiliated minor league holdings.

  Source

• 2022

  Expansion through Greensboro acquisitionM&A

  Background

  Temerity sought to expand its affiliated minor league presence in the Carolinas.

  Action taken

  It acquired the Greensboro Grasshoppers and First National Bank Field from Greensboro Baseball LLC.

  Aftermath

  Temerity became the operator of a second Carolina-based affiliated minor league franchise and stadium.

  Source

• 2018

  Purchase of the Kannapolis IntimidatorsM&A

  Background

  Temerity was building a baseball operating platform and entered affiliated minor league baseball through the acquisition of a Single-A Carolina League club.

  Action taken

  The company acquired the team and its home stadium, later operating the franchise as the Kannapolis Cannon Ballers at Atrium Health Ballpark.

  Aftermath

  The transaction established Temerity's first identified team and venue asset.

  Source

• 2025

  Temerity joins partnership acquiring minority interest in Tampa Bay Rays[1]Temerity Baseballen.wikipedia.org

  M&A

  Temerity joined a limited partnership group that acquired a minority interest in the Tampa Bay Rays. The group included Shane Battier, Mike Salvino, and Terry Bellinger among other Tampa Bay-connected investors.

• 2024

  Temerity purchases Lexington Legends[1]Temerity Baseballen.wikipedia.org

  M&A

  Temerity acquired the Lexington Legends of the independent Atlantic League of Professional Baseball from Nashville investors Nathan and Keri Lyons. The transaction included Legends Field.

• 2022

  Temerity acquires Greensboro Grasshoppers and First National Bank Field[1]Temerity Baseballen.wikipedia.org

  M&A

  The company acquired the Greensboro Grasshoppers, a High-A South Atlantic League team affiliated with the Pittsburgh Pirates, together with the club's home stadium.

• 2018

  Temerity acquires Kannapolis minor league baseball team[1]Temerity Baseballen.wikipedia.org

  M&A

  Temerity purchased the Kannapolis Intimidators, a Single-A Carolina League club affiliated with the Chicago White Sox, and also acquired its home stadium. The team was subsequently known as the Kannapolis Cannon Ballers.

1. 1Temerity Baseballen.wikipedia.org