"Baltimore Orioles Sold for $1.725 Billion to David Rubenstein in Major Deal"

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Source: New York Post
"Baltimore Orioles Sold for $1.725 Billion to David Rubenstein in Major Deal"
Photo: New York Post
TL;DR Summary

Baltimore Orioles' owner John Angelos has agreed to sell the team to private equity billionaire David Rubenstein for $1.725 billion, with Rubenstein becoming the "control person" and Orioles legend Cal Ripken Jr. part of the investment group. The sale, pending MLB approval, could bring changes to the team's spending and pursuit of free agents. Rubenstein, a Baltimore native, has long expressed interest in owning the Orioles and is known for his love of baseball.

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