"Owning a Piece of the Minors" is by and about a man who lived his dream and acquired a baseball team. When Jerry Klinkowitz joined the group that ran the Waterloo, Iowa, Diamonds in the 1970s, ownership of a minor league baseball franchise conferred little mystique. Neglected for a half century, minor league baseball was at best obscure. Yet in the purchase of fantasy, what difference if your desire is out of style?

Klinkowitz continued his work with the Diamonds through the 1980s and much of the 1990s. In "Owning a Piece of the Minors," he maps out his personal journey through baseball...