Who Owns The Cincinnati Reds?


Who Owns The Cincinnati Reds?

The Cincinnati Reds franchise’s current owner is Robert Castellini, who purchased the team for $270 million in 2006. Castellini also serves as the CEO and chairman of the board for the Reds. Prior to purchasing the Reds, Castellini served as a minority owner of the St. Louis Cardinals from 1996 to 2002.

The Castellini family also owns several other businesses in Cincinnati, including cast-iron products manufacturer Midwest Casting Company and produce distributor Castelloway Farms.

The Reds (as of 2023) are currently valued at $1.19 billion, making them the 26th-most valuable franchise in MLB.

About The Cincinnati Reds Franchise

The Cincinnati Reds are a Major League Baseball team that plays in the National League Central Division and are based in Cincinnati, Ohio. The team plays its home games at Great American Ball Park, which opened in 2003, replacing Riverfront Stadium.

The Cincinnati Reds franchise was founded in 1869, making it one of the oldest baseball teams in the world. The team has won five World Series titles and 10 National League pennants. The team’s colors are red and white, and their mascot is Mr. Redlegs.

The Big Red Machine Years (1970-1979) 

The 1970s was undoubtedly one of the greatest eras in Cincinnati Reds’ history. Led by Hall-of-Famers such as Johnny Bench, Joe Morgan, Tony Perez, and Pete Rose, the team won six division titles over this ten-year span, four National League pennants, and two World Series championships (1975 & 1976).

They were widely known as “The Big Red Machine” due to their success during this period. 

The 1990 World Series Championship 

After nearly 15 years without a postseason appearance, the Reds returned to prominence in 1990 with a dominant regular season in which they went 91-71 and swept the Oakland Athletics in four games in the world series.

This championship team was led by future hall-of-Famers Barry Larkin and Eric Davis, along with MVP winner Jose Rijo on the mound. It would be another 14 years before they returned to the postseason again in 2010.    

Reds Greats & All-Stars 

The list of all-stars that have played for the Reds throughout their history is extensive, from Hall-of-Famers like Frank Robinson, Johnny Bench, Joe Morgan, Barry Larkin, and Pete Rose to modern-day stars like Joey Votto and Hunter Greene.