Korean American actor Ken Jeong feels 'very fortunate' to join ownership group for MLB team

Korean American actor and comedian Ken Jeong speaks during a press conference in Seoul, Monday, announcing an investment by Team61, a consortium led by former Korean pitcher Park Chan-ho, in the Major League Baseball club Athletics. Yonhap

When Korean American actor and comedian Ken Jeong was offered a chance to join former Korean pitcher Park Chan-ho in a consortium that would buy a stake in a Major League Baseball (MLB) club, Jeong knew it was "an opportunity I just couldn't pass up."

Jeong, popular for his roles in "The Hangover" trilogy, "Crazy Rich Asians" and "KPop Demon Hunters," became one of the partners for Park's Team61, which invested $70 million in the Athletics. The club, previously based in Oakland, California, will relocate to Las Vegas in 2028.

The strategic partnership between Team61 and the Athletics was announced Monday in Seoul, marking the first instance of a Korean-led investment in an MLB club. Park, who became the first Korean to play in MLB in 1994, will serve as a senior adviser to the club's majority owner, John Fisher.

Park and Fisher each gave a presentation on their agreement and answered questions in a follow-up press conference. Jeong was also present for the presser, providing some comic relief for the occasion.

"I just want to say, you know, I shouldn't even be up here and I mean it. I shouldn't be up here because I wasn't invited. I crashed it," Jeong deadpanned to a laughing audience while wearing an Athletics jersey with the name "Dr. Ken" on the back — a nod to his sitcom of the same name and to his background as a physician.

In a more serious tone, Jeong said it was "such an honor" to be in Korea, the birthplace for both of his parents, and also to have a "once-in-a-lifetime opportunity" to work alongside Park.

"When he asked me to be part of his investment group, Team61, it just was an opportunity I just couldn't pass up," Jeong said. "How can I not work with Chan Ho Park in this endeavor? This man has broken barriers on the field and now he is breaking barriers in terms of sports ownership."

Jeong said the partnership between Team61 and the Athletics will help strengthen ties between Korea and MLB, while also inspiring new generations of baseball fans and players in Korea.

"There are just so many people who are supporting Chan-ho's vision and we are just so appreciative of John Fisher (for) giving us the platform to execute and fulfill his vision and leadership," Jeong added. "I have been very fortunate to be part of cultural milestones, like 'Crazy Rich Asians' and 'KPop Demon Hunters.' And this is another cultural milestone but this time, in sports equity and ownership. I am just honored to be a very small, fly on the wall part of Chan-ho's vision."

After finishing up his opening statement that went on for nearly three minutes, Jeong switched on his comedian mode. While an interpreter seated behind him was relaying his words in Korean, Jeong sat back on his couch, gave verbal nods like "Yup" and "That's right" in Korean while pointing left and right, and performed an exaggerated fake yawn toward the end.

Jeong then used his closing remark to bring some more levity, after Park, Fisher and Athletics President Marc Badain had spoken at length about the investment and the future of their partnership.

"First of all, I would like to give a three-hour talk as a tiny owner of the A's but I heard that I am not allowed to do that," Jeong began. "The only thing I would like to add as an owner of the A's in terms of controlling interest — I spoke specifically with John Fisher about this — I will have controlling interest in the hot dogs that will be served. By controlling interest, I will eat as many as I can every game. That is all I have to add. I guess my time is up."