Find out about the owners of the Cleveland Guardians Major League Baseball franchise, their net worth, contract, and ownership history of the team.
The Cleveland Guardians are a household name in the MLB. The Guardians are based in Cleveland, Ohio, and are part of the American League Central Division.
The Cleveland Guardians were founded in 1901 as the team Cleveland Indians before rebranding to the Guardians in 2022.
The Guardians play their home games at Progressive Field and have won two World Series championships as well as multiple division titles throughout its history.
Who owns the Cleveland Guardians?
Paul Dolan is the principal owner of the Cleveland Guardians after inheriting the franchise from his father Larry Dolan following his passing. The other 25% stake is owned by David Blitzer
Cleveland Guardians ownership structure in a nutshell
Paul Dolan
Paul Dolan is an American attorney and sports executive. He has owned the Cleveland Guardians since 2025.
David Blitzer
David Blitzer is a private equity investor who is a co-managing partner of Harris Blitzer Sports & Entertainment, which invests in several sports franchises.
Club Net Worth and Valuation
The Cleveland Guardians are valued at $1.4 billion, according to figures from Forbes.
Ownership History
The Guardians have gone through a series of ownership throughout its history. The team was originally owned by Charles W. Somers in 1900.
The ownership of the franchise changed hands later on with a series of owners, including Bill Veeck, Vernon Stouffer, and Richard E. Jacobs. The Dolan family acquired the Cleveland Guardians in 2000 for $323 million.
Founding Year
The Cleveland Guardians franchise was established in 1901 as one of the American League’s charter franchises. The team was originally known as Cleveland Bluebirds and later The Indians before settling for the Guardians in 2022.
Home Stadium
The Guardians currently have their home games at the Progressive Field located in Cleveland, Ohio. It has a seating capacity of 34,631 and features a retractable.
Club Achievements and Trophies
The Guardians are also successful with two World Series championships and up to six American League (AL) pennants. They have also won multiple Central Division titles.