Brandon Bellamy, a real estate entrepreneur and Velocity Companies CEO, has become the only Black majority owner in professional baseball. 

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After unanimous approval by the Atlantic League of Professional Baseball, Bellamy was given the green light to purchase a new club expansion in Gastonia, NC. 

Bellamy is a 30-year real estate veteran with over $500 million in a number of projects. However, the team’s ballpark, which has not yet been named, will be Bellamy’s first sports development. At completion, the project will be a 5,000-seat multi-purpose ballpark in Gastonia’s FUSE District. 


Bellamy’s company, Velocity Companies will not only run the facility but own the team and develop the surrounding area. reports The team will be a part of the Atlantic League and start playing once construction is complete in Spring 2021.

“The opportunity for us to bring multi-family residential, to bring retail and to bring office (space), potentially, to go along with family-friendly fun that comes with minor league baseball is a win for everybody,” Bellamy said to Baseball America. “I think it will be catalytic to their downtown development.”

A round of applause is definitely in order. We will for sure keep you updated throughout this process