This isn't the first ownership change in the brief history of the B. League, but in terms of sheer magnitude, it's an unparalleled one.

Beginning from the 2018-19 season, DeNA Corporation will become the new owner of the Kawasaki Brave Thunders, currently owned by Toshiba Corporation, the two companies said during a news conference to announce the sale on Wednesday.

The ownership change for the traditional powerhouse was approved in a league board meeting earlier in the day.