Henry Merritt Paulson III is the majority owner of Shortstop, LLC which owns the Portland Beavers, a minor-league baseball team, and the Portland Timbers, a USL First Division soccer team. The Portland Beavers are a Minor league baseball team representing Portland, Oregon in the Pacific Coast League (PCL Part of the History of baseball series Minor league baseball is a hierarchy of Professional baseball leagues in North Portland Timbers is an American professional Soccer team founded in 2001 History In 1996 the United Systems of Independent Soccer Leagues established the new Select League consisting of its strongest teams from its professional FIFA Both teams are based in Portland, Oregon. Portland is a city located in the Northwestern United States, near the Confluence of the Willamette and Columbia rivers 
Paulson graduated from Hamilton College with a B. A. in 1995. Paulson earned his Masters of Business Administration from Harvard Business School. Harvard Business School ( HBS) is a renowned Business school in the United States  Prior to owning the sports franchises he worked for the National Basketball Association as a senior director of marketing and business development.  Paulson also has worked for the cable television channel Home Box Office.  He is the son of Henry Merritt "Hank" Paulson Jr., the United States Secretary of the Treasury. Henry Merritt "Hank" Paulson Jr (born March 28 1946 is the United States Treasury Secretary and member of the International Monetary Fund Board of Governors The United States Secretary of the Treasury is the head of the United States Department of the Treasury, concerned with finance and monetary matters, and until  He serves on the board of trustees of the Wildlife Conservation Society. The Wildlife Conservation Society ( WCS) endeavors to save Wildlife and wild lands though careful use of science conservation around the world education  Paulson is married to Heather Mahar Paulson, who appeared on the Amazing Race Season 3, and they reside in Portland. Heather graduated first in her class from Cornell University and cum laude from Harvard Law School.  Before moving to Portland, Heather worked as an antitrust lawyer at Wachtell, Lipton, Rosen & Katz and as an analyst at a hedge fund in New York. Wachtell Lipton Rosen & Katz is a prominent Law firm located in New York City.
In May of 2007 Paulson’s investment group Shortstop, LLC purchased the Portland Beavers and the Portland Timbers from California businessman Abe Alizadeh.  The purchase made the group the teams' fourth owners since 2001.  Paulson’s father is a minority partner in the company.  Shortstop is a Delaware organized company. Delaware ( is a state located on the Atlantic Coast in the Mid-Atlantic region of the United States.