Find out about the owners of the Houston Astros MLB franchise, their net worth, source of wealth and ownership history of the franchise.
The Houston Astros are a household franchise in the MLB based in Houston, Texas. They are a member of the American League (AL) West Division and were founded in 1962 as the Houston Colt .45s before the name change to the Astros in 1965.
The Astros are also successful, having won two World Series titles.
Who owns the Houston Astros?
The Houston Astros are currently owned by Jim Crane, who has been the principal owner since 2011 with over 40% stakes. He led an investment group that purchased the franchise for $615 million.
Houston Astros MLB franchise ownership structure
Jim Crane
James Robert Crane is an American businessman who is an executive and part of the Crane Capital Group, Crane Worldwide Logistics, and Crane Freight and Shipping. He is also the principal owner of the Houston Astros.
Jim Crane made his fortune through logistics and investments. His net worth is $2.4B, according to figures from Forbes.
Club Net Worth and Valuation
The Houston Astros are valued at $2.8 billion.
Ownership History
Roy Hofheinz, R.E. "Bob" Smith, Craig Cullinan Jr., George Kirksey (1962–1965)
Roy Hofheinz & R.E. "Bob" Smith (1965–1967)
Roy Hofheinz (1967–1975)
GE Money & Ford Motor Credit Company (1975–1978)
Ford Motor Credit Company (1978–1979)
John McMullen (1979–1992)
Drayton McLane Jr (1992–2011)
Jim Crane (2011–Present)
Founding Year
The Houston Astros were established in 1962 as the Houston Colt .45s. The team rebranded as the Astros in 1965.
Stadium Information
The Houston Astros play their home games at the Daikin Park located in Houston, Texas. It has a seating capacity of 41,168 seats and was opened in 2000.
Club Achievements and Trophies
The Houston Astros have won two World Series titles. They have also won multiple American League and division titles.
Conference and Division
The Astros are part of the American League (AL) West Division. The team's colours are dark blue, orange and white.