Indians owner Paul Dolan is looking for a minority investment partner for his franchise.

Dolan, who has had primary control of the Indians since 2013, hired a New York-based investment broker several months ago to help him find a minority owner for the ballclub, which has struggled to stay competitive in a sport without a salary cap in a city still recovering from job losses and a dwindling population.

Dolan secured Allen & Co. to search for a minority owner, a team spokesman confirmed Sunday.