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Yes. Women are not restricted in any way by Major League Baseball. However, there has never been a female manager or general manager in MLB.

Marge Schott, former owner of the Cincinnati Reds is the most famous woman owner: http://en.wikipedia.org/wiki/Marge_Schott She owned the team for most of the 1980s and 1990s.

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Q: Are woman allowed be owners of a baseball team Are woman allowed to coach on Major League Baseball team?
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