The annual rent for the Richmond Flying Squirrels will increase from approximately $250,000 at their old ballpark to $3.2 million at the new CarMax Park.

The Diamond District in Richmond, where CarMax Park is located, is projected to be a $2.2 billion development over the next 10 years.

The new ballpark for the Richmond Flying Squirrels, CarMax Park, will cost approximately $140 million to build.

The Richmond Flying Squirrels consistently ranked in the top 10 for attendance across all of minor league baseball, including AAA teams, while playing in their old stadium.

The funding for Dana White's new boxing venture, Zuffa, is coming from Saudi Arabia.

The cost to build new minor league baseball stadiums now exceeds $100 million, reaching as high as $150 million, driven by MLB's facility standards.

Venture capital firms are increasingly investing in minor league baseball, with Diamond Baseball Holdings owning nearly 50 teams.