Who is the Owner of the Colorado Rockies?

The Colorado Rockies are a professional Major League Baseball (MLB) franchise based in Denver, Colorado, USA, competing in the National League (NL) West Division. Since their inception as an expansion team in 1993, they have played home games at Coors Field in downtown Denver. The Rockies have developed into a prominent sports organization in the Rocky Mountain region, with five postseason appearances and a passionate fan base.

Ownership Status of the Colorado Rockies

Unlike a privately-owned company with a single proprietor, the Colorado Rockies are privately owned by a partnership dominated by two principal owners. The team is not publicly traded on any stock exchange; its ownership remains concentrated among a small group of private investors.

Primary Owners

Owner / Entity	Role / Notes
Richard L. “Dick” Monfort	Owner, Chairman & CEO — Managing General Partner; leads ownership group.
Charles K. “Charlie” Monfort	Co-owner, Vice Chairman — General partner alongside his brother.
Other Minority Investors (various)	Minority stakes historically included local business figures (e.g., Linda Alvarado), though the Monforts hold majority control.

Note: The Rockies organization does not publicly disclose detailed ownership percentages, but the Monfort brothers together control the majority of the franchise.

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Key Ownership Highlights

Richard L. “Dick” Monfort

• Chairman & Chief Executive Officer of the Colorado Rockies and the franchise’s leading figure in ownership and operations.
• A Colorado native, Dick has been involved with the Rockies since the franchise’s early years and is widely recognized as the club’s primary controlling owner.
• Under his guidance, the Rockies have maintained business stability and regional influence, though on-field performance has seen ups and downs.

Richard L. “Dick” Monfort Net Worth

Richard L. Monfort has an estimated net worth of around $1.3 billion to $1.6 billion, based largely on his controlling ownership stake in the Colorado Rockies, whose franchise value is estimated at over $1.4 billion according to recent MLB valuations. In addition to baseball, Dick Monfort built significant wealth through Monfort of Colorado, a large meat-processing company founded by his family and later sold to ConAgra. His long-term role as Chairman and CEO of the Rockies, combined with real estate interests and previous business ventures, places him among the wealthiest MLB owners. Since the Rockies are privately held, his exact net worth is not publicly disclosed, and figures are based on asset valuations and industry estimates.

Charles K. “Charlie” Monfort

• Vice Chairman and Co-owner of the Rockies, Charlie partners with his brother in owning and managing the team.
• Both brothers were part of the original ownership group and later increased their share to gain majority control.
• Charlie also contributes to the team’s leadership, though Dick is typically more involved in day-to-day oversight.

Charles K. “Charlie” Monfort Net Worth

Charles K. Monfort, the Vice Chairman and Co-owner of the Colorado Rockies, has an estimated net worth ranging between $1.2 billion and $1.5 billion. Like his brother, Charlie Monfort’s wealth primarily comes from the family’s historic success in the meat-packing industry and his substantial ownership stake in the Rockies franchise. While Charlie is less publicly visible than Dick in day-to-day team operations, he remains a key decision-maker and long-term investor in the organization. His net worth estimates are closely tied to the franchise’s rising valuation and the Monfort family’s private business holdings.

Minority Ownership and Historical Stakes

• While the Monforts are the controlling owners, other local investors have held minority stakes at various times. These have included business leaders such as Linda G. Alvarado, a notable co-owner who made history as one of the first Hispanic female co-owners of a major league team.
• The precise ownership breakdown isn’t publicly disclosed, but additional minority interests historically accounted for a smaller portion of the franchise compared to the Monforts’ controlling shares.

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History of Ownership

The Rockies were awarded as an MLB expansion franchise in 1991 and began play in 1993. Initially, the ownership group featured several investors, but over time the Monfort brothers bought out many original stakeholders, including the early principal owner Jerry McMorris, to become majority owners in December 2005.

Since then, the Rockies have remained under private ownership by the Monforts, with Dick Monfort serving as the team’s most prominent leader and public face.

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FAQs

1. Who currently owns the Colorado Rockies?
The franchise is privately owned by Richard L. “Dick” Monfort and Charles K. “Charlie” Monfort, with Dick serving as the Chairman, CEO, and managing general partner.

2. Is the team publicly traded?
No. The Colorado Rockies are not publicly traded; the franchise is held privately by the Monfort brothers and other minority investors.

3. Who founded the Rockies?
The Rockies were established as an expansion team awarded to Denver in 1991 and began play in 1993 with an ownership group that included Jerry McMorris and the Monfort brothers.

4. Has ownership changed recently?
The Monforts have been the controlling owners since 2005 after purchasing controlling interest from earlier owners. There have been no major ownership changes since.

Colorado Rockies Official Site