The San Francisco Giants have sold about a 10% stake in the franchise to Sixth Street Partners, joining the list of sports teams that have sold a significant stake to private equity.

The San Francisco Giants have sold a reported 10% stake in the team to private equity firm Sixth Street. The team confirmed the deal Tuesday but not the amount of the investment, which was first reported Monday by the New York Times. Sportico places the value of the franchise and its team-related holdings at $4.2 billion.

The group has invested in other major sports franchises including Bay FC, the San Antonio Spurs, Real Madrid and FC Barcelona.

Center fielder Jung Hoo Lee will undergo an MRI exam on his tight back on Monday, a concerning development for the Giants as they enter the final week of Cactus League play. Lee was slated to start Saturday’s game against the Mariners,

SCOTTSDALE, Ariz. — Jung Hoo Lee’s status for Opening Day roster is now unclear. The Giants announced on Monday morning that Lee will undergo an MRI later today as the center fielder deals with mid-back tightness. Lee will have a follow-up with Dr. Akizuki for another exam as well.