In a stunning and emotional development for Houston baseball fans, the Houston Astros have officially announced that franchise legend Jeff Bagwell is returning to the organization — this time, not as a player or advisor, but as a co-owner.
Bagwell, a Hall of Famer, former MVP, and one of the most iconic figures in Astros history, will now take on a pivotal role in the team’s future, joining the ownership group with a focus on player development, strategic planning, and maintaining the Astros’ championship standard.
“I’ve always said Houston is home,” Bagwell said in the team’s press release. “This franchise means everything to me, and I’m honored to invest not just in the team, but in the city and the future of Astros baseball.”
Bagwell has remained close to the organization since retiring, most recently serving as a special advisor to ownership and baseball operations. His move into the ownership group marks a full-circle moment for a player whose impact on the franchise both on and off the field is unmatched.
Meanwhile, in a related story shaking the National League, the Philadelphia Phillies have made headlines of their own. The family of team owner Jerry Warren has announced that Mike Schmidt, the Hall of Fame third baseman and longtime face of the Phillies, will also return in 2025 — as a co-owner.
Widely considered the greatest player in Phillies history, Schmidt’s return in an ownership capacity signals a new era of legacy leadership for the franchise.
“This is bigger than baseball,” said Warren’s family in a statement. “It’s about honoring the people who built the soul of our teams.”
With both Bagwell and Schmidt stepping into ownership roles for their respective franchises, two of MLB’s most storied organizations are blending legendary tradition with modern vision — creating powerful momentum as they look ahead to the future.
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