Quick Facts: Atlanta Braves
| Owner | Atlanta Braves Holdings, Inc. (spun off from Liberty Media, 2023) |
| Chairman | Terry McGuirk |
| Founded | 1871 (as Boston Red Stockings); Atlanta since 1966 |
| Headquarters | Cumberland, Georgia, USA |
| Ownership Type | Public |
| Stock Ticker | NASDAQ: BATRA / BATRK |
| Publicly Traded | Yes |
Who Owns the Atlanta Braves?
The Atlanta Braves are owned by Atlanta Braves Holdings, Inc., a publicly traded company that was created in July 2023 when Liberty Media Corporation completed a spin-off of its Braves ownership into a standalone public entity. The Braves trade on the NASDAQ stock exchange under the ticker symbols BATRA (Series A, voting shares) and BATRK (Series C, non-voting shares). The largest individual shareholder of Atlanta Braves Holdings is John Malone, the media mogul and Liberty Media’s longtime controlling figure, who holds a significant equity stake through his Liberty-related holdings. Terry McGuirk serves as the Braves’ Chairman, and the franchise is run day-to-day by president Derek Schiller and executive vice president Alex Anthopoulos (who leads baseball operations).
Liberty Media, controlled by billionaire John Malone, acquired the Atlanta Braves in 2007 when it was part of the Time Warner empire. Time Warner had held the franchise since 1996 when Ted Turner’s media empire was absorbed into the company. Ted Turner himself had owned the Braves since 1976, transforming the franchise into a national phenomenon through his Superstation TBS, which broadcast Braves games to millions of cable households across America — earning Atlanta the nickname “America’s Team” in baseball. The Braves’ 14 consecutive National League East division titles from 1991 to 2005 remain one of baseball’s most remarkable sustained periods of excellence.
Under the Liberty Media era and now as an independent public company, the Braves have continued as a powerhouse franchise, winning the 2021 World Series — the franchise’s first title since 1995. The team plays at Truist Park in the Cumberland area of Cobb County, Georgia, which opened in 2017 and anchors a large mixed-use entertainment district called The Battery Atlanta.
About John Malone and Liberty Media
John Malone is one of the most influential figures in American media history, having built Tele-Communications Inc. (TCI) into the nation’s largest cable operator before selling it to AT&T in 1999. He has controlled Liberty Media through supervoting shares, and his investment portfolio spans dozens of media, entertainment, and sports properties. Although the Braves were spun off from Liberty Media in 2023, Malone retains a significant stake in the new Atlanta Braves Holdings entity. Liberty Media itself rebranded as Liberty Live Group following the Braves spin-off.
Key Ownership Highlights
- Atlanta Braves Holdings went public in 2023: Liberty Media completed the spin-off of the Atlanta Braves into its own publicly traded entity (NASDAQ: BATRA, BATRK) in July 2023. This was a unique structure in Major League Baseball — the first time in the modern era that a baseball franchise was independently publicly traded at the holding company level.
- John Malone is the key individual shareholder: Media mogul John Malone holds a significant stake in Atlanta Braves Holdings through his Liberty-related investments. Malone’s Liberty Media entity had controlled the Braves since 2007 before spinning them off as a standalone company.
- The 2021 World Series title: The Braves won the 2021 World Series, defeating the Houston Astros in six games. It was the franchise’s first championship since 1995 and came after a dramatic run through the postseason that began with the team having a below-.500 record in early August.
- Ted Turner’s legacy: The Braves’ national profile was built during Ted Turner’s ownership from 1976 to 1996, when TBS cable broadcasts made the team a household name across the United States. The Braves’ dynasty of 14 consecutive division titles (1991–2005) remains one of baseball’s most remarkable sustained runs.
- Truist Park anchors The Battery Atlanta: The Braves’ ballpark, Truist Park, opened in 2017 in the Cumberland area of Cobb County. It is surrounded by The Battery Atlanta, a $1.1 billion mixed-use development featuring restaurants, apartments, a hotel, and entertainment venues — a pioneering model in sports stadium development.
Frequently Asked Questions
Who owns the Atlanta Braves?
The Atlanta Braves are owned by Atlanta Braves Holdings, Inc. (NASDAQ: BATRA, BATRK), a publicly traded company spun off from Liberty Media in July 2023. John Malone is the key individual shareholder. Terry McGuirk serves as chairman and Alex Anthopoulos leads baseball operations.
Are the Atlanta Braves publicly traded?
Yes. Atlanta Braves Holdings, Inc. is publicly traded on NASDAQ under the ticker symbols BATRA (Series A voting shares) and BATRK (Series C non-voting shares). The company was created in July 2023 via a spin-off from Liberty Media Corporation.
Who used to own the Atlanta Braves?
The Braves were famously owned by Ted Turner from 1976 to 1996, then by Time Warner (1996–2007), and then by Liberty Media (2007–2023) before the franchise became an independently traded public company as Atlanta Braves Holdings, Inc. in 2023.
When did the Braves last win the World Series?
The Atlanta Braves won the 2021 World Series, defeating the Houston Astros in six games. It was the franchise’s first World Series title since 1995, when they also beat the Cleveland Indians (now Guardians).
