In 2000, Dolan (through a family trust) bought the Cleveland Indians of Major League Baseball (MLB) for $323 million from Richard Jacobs, who, along with his late brother David Jacobs, had paid $35 million for the club in 1986.
In 2000, Dolan acquired the Cleveland Indians baseball team from Richard Jacobs, who, along with his brother David Jacobs, had purchased the team in 1986 for $35 million.