MLB owners are individuals or groups that hold the rights to professional baseball teams in Major League Baseball (MLB). Each team is owned by a single entity, which can be a private individual, a family, or a consortium of investors. These owners are responsible for making key decisions about the team's operations, finances, and overall direction. The owners play a significant role in shaping the league's policies and governance through their participation in the MLB owners' meetings. They also contribute to the financial health of the league by investing in their teams and negotiating broadcasting and sponsorship deals.