Why the Los Angeles Dodgers are Running a ‘Training Camp’ for Sports Startups
By Kelsey Alpaio, Staff Writer
Professional baseball franchises excel at scouting promising players and cultivating them in the minor leagues until they’re ready for the big show. But the Los Angeles Dodgers are unique in trying to do the same thing for startups working on sports and media-related ideas.
What is now known as the Dodgers Accelerator got started after the team was acquired in 2012 for $2.15 billion by the investment firm Guggenheim Partners; Magic Johnson and movie mogul Peter Guber are also part of the ownership group.
Tucker Kain was one of the key players in that transaction, and now serves as CFO of the Dodgers. In the five years since the deal closed, Kain has worked to infuse a culture of innovation into the franchise, whose heritage traces back to Brooklyn in 1883.