Seoul: Korean American actor and comedian Ken Jeong has joined forces with former South Korean pitcher Park Chan-ho as part of a consortium investing in Major League Baseball's (MLB) Athletics. Jeong expressed his enthusiasm for the opportunity, describing it as "an opportunity I just couldn't pass up."
According to Yonhap News Agency, Jeong, known for his roles in films like "The Hangover" trilogy and "Crazy Rich Asians," became a partner in Park's Team61, which invested $70 million in the Athletics. The team, which plans to relocate from Oakland to Las Vegas by 2028, marks the first South Korean-led investment in an MLB club. Park, who made history as the first South Korean player in MLB in 1994, will serve as a senior adviser to majority owner John Fisher.
The strategic partnership was announced in Seoul, where Park and Fisher presented their agreement and answered questions at a press conference. Jeong, who provided comic relief during the event, expressed his honor at being part of the venture and highlighted its significance for strengthening ties between South Korea and MLB.
Jeong emphasized the importance of the partnership in inspiring new generations of baseball fans and players in South Korea. He lauded Park's vision and leadership, noting the cultural milestone the partnership represents in sports equity and ownership.
In his closing remarks, Jeong humorously commented on his limited role as a part-owner, joking about having "controlling interest" in the hot dogs served at games. His playful demeanor added a lighthearted touch to the proceedings, underscoring his excitement for the new venture.