Phil Castellini takes over as new Cincinnati Reds owner

MLB owners approve transfer of team from father Bob Castellini to son Phil Castellini

Published on Feb. 13, 2026

Got story updates? Submit your updates here. ›

In a move that was expected, ownership of the Cincinnati Reds has officially transferred from Robert "Bob" Castellini to his son Phil Castellini following a vote by MLB owners on February 12, 2026. This change in leadership comes after the Reds announced organizational changes in July 2024, naming Phil Castellini as the team's new president and CEO, and Doug Healy as COO and CFO.

Why it matters

The Castellini family has owned the Reds since 2006, and this transition marks a new era for the franchise as Phil Castellini takes over day-to-day operations. Fans will be watching closely to see if Phil Castellini continues the team's current direction or implements any major changes.

The details

The ownership transfer was approved by a vote of MLB owners on February 12, 2026, officially passing the Reds from father Bob Castellini to son Phil Castellini. This comes after the team announced organizational changes in July 2024 that saw Phil Castellini elevated to president and CEO, while Doug Healy was named COO and CFO.

  • MLB owners approved the ownership transfer on February 12, 2026.
  • The Reds announced organizational changes in July 2024, naming Phil Castellini as president and CEO, and Doug Healy as COO and CFO.

The players

Phil Castellini

The new owner of the Cincinnati Reds, taking over from his father Bob Castellini. Phil was previously named the team's president and CEO in 2024.

Bob Castellini

The former owner of the Cincinnati Reds, who has now transferred ownership of the team to his son Phil Castellini.

Doug Healy

The new COO and CFO of the Cincinnati Reds, appointed in 2024 as part of the team's organizational changes.

Got photos? Submit your photos here. ›

The takeaway

The transfer of Reds ownership from Bob Castellini to his son Phil marks a new chapter for the franchise, as Phil takes over day-to-day operations and leadership. Fans will be watching closely to see if Phil continues the team's current direction or implements any major changes under his ownership.