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How a new baseball team turned 3,800 fans into owners—and rewrote the playbook for professional sports
When the MLB's Oakland A's announced their departure from Oakland, California, the community was devastated. Baseball has been a huge part of Oakland's unique culture since the A's first arrived in 1968. Now, suddenly, the city had to say goodbye to a team it had been cheering on for more than 50 years.
That's when two local entrepreneurs saw an opportunity to change the game for Oakland—not just by launching a new team, but by rewriting the rules of professional sports ownership. Instead of another team moving in with a traditional ownership structure, the Oakland Ballers launched with a radically different model: one that made the fans the owners.
Over $3 million later—with thousands of investors and a full stadium to show for it—they've done more than just fill a void. They've sparked a movement.
Co-founders Paul Freedman and Bryan Carmel created the Oakland Ballers in 2024 with a mission to keep professional baseball rooted in the city. But they didn't just want to launch another team—they wanted to change how teams are owned and operated.
The Ballers' ownership model gives fans a real stake in the team, including voting rights and decision-making power enshrined in a formal Fan Rights Agreement. Their goal? Ensure the team stays by Oakland, for Oakland, forever Oakland.
Paul Freedman, one of the co-founders of the Oakland Ballers.
To turn supporters into shareholders at scale, the Ballers partnered with DealMaker as their technology provider and capital-raising platform.
All investment flows, compliance documents, and investor governance infrastructure—including fan voting portals—were built and executed on DealMaker.
The Ballers didn't rely on a big media budget. Instead, they focused on earned media, organic community growth, and one powerful story.
With a custom DealMaker landing page and eCommerce-style checkout, conversion rates remained high: in the first 48 hours of the campaign, Ballers attracted a funded investment roughly every 3.5 minutes.
Investors weren't just given perks—they were given power.
In year one, the Ballers drew nearly 100,000 fans to their games and surpassed $1 million in merchandise sales—clear signs of a community that is showing up and buying in. With a fanbase this engaged, it's no surprise many of them became investors too.
That's not just capital—it's loyalty.
The Oakland Ballers are more than a baseball team. They're a case study in what happens when you give your community a seat at the table.
With legal and structural safeguards in place to protect fan rights—and a scalable model powered by DealMaker's tech—the Ballers have shown that fan ownership isn't a gimmick. It's a competitive advantage.
Whether you're pre-revenue or post-IPO, DealMaker gives you the infrastructure, support, and strategy to raise from the people who believe in you most.
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