DBH was established in 2021 by media conglomerate Endeavor and is a subsidiary of the investment firm Silver Lake.

Established in 2021 by media conglomerate Endeavor, the organization originally was the owner and operator of nine MiLB clubs.

[4] As of March 2024, DBH has received more than $275 million in tax preferences for MiLB teams that they own.

Battle and CEO Peter Freund convinced Major League Baseball that increased professionalization and consolidated ownership of minor league baseball, with sharing of best practices and cross-investment, was best for MLB teams.

In addition to gate revenue, the company also plans to pursue mixed-use development on stadium parking lots; increase the number of non-game events such as concerts, weddings, and corporate events; and consolidate sponsorship, advertising, and back-office activities to a national marketplace.