The Hagerstown Suns have put the team up for sale this November.

According to the organization, the team signed an agreement with Larry Grimes, the Founder and President of the Sports Advisory Group for the sale of the Suns.

The Sports Advisory Group is a division of W.B. Grimes & Company, the nation’s leader in the sale and acquisition of professional sports teams.

While Grimes was unable to discuss specific details of the Hagerstown Suns deal, he did confirm that his group was involved in the sale of Minor League Baseball clubs and are actively working on a couple assignments in the mid-Atlantic region.

On the Sports Advisory Group’s website, there are a few postings for minor league teams including one for an unnamed Single A organization that there is a “long established franchise [that] is attractively priced and backed by solid fan base in the Mid-Atlantic. This is a unique growth opportunity for a purchaser who can move quickly and who wants to have a hand in specially tailoring a ballpark for their team.”

Once a team is listed with The Sports Advisory Group, the group works on finding the right purchaser for the organization.

“Like the sale of any business, when we’re given an assignment to represent a sale, we will find a buyer for that franchise,” Grimes said. “Many times those buyers come from existing ownership groups that own one or more franchises within Minor League Baseball, and sometimes, the purchaser will come from outside of the ownership ranks.”

According to Grimes, there are not a lot of transactions within Minor League Baseball every year as there are only 165 teams in the MLB. In fact, his group only handles five to seven of these per year.

“[In Minor League Baseball], a high percentage of owners are perfectly content with what they have,” Grimes said.

There is usually significant interest when a team is put up for sale.

“Baseball has strict sale guidelines on selling the team and that the Hagerstown Suns has not provided any opportunity or potential opportunity to the league for approval,” according to the Suns organization.

The Suns are currently owned by Bruce Quinn, who purchased the team in September of 2010 for $6.7 million, according to Minor League Baseball.