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Stadium Negotiations

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Billionaire David Rubenstein in Talks to Acquire Baltimore Orioles
sports2 years ago

Billionaire David Rubenstein in Talks to Acquire Baltimore Orioles

David Rubenstein, co-founder of the Carlyle Group, is reportedly in talks to acquire the Baltimore Orioles from the Angelos family. The stage of the talks and the likelihood of a deal are unclear. The Orioles have faced uncertainty in recent years due to infighting within the Angelos family and ongoing stadium negotiations. Rubenstein, a Baltimore native, could potentially alter the franchise's operations if the deal goes through. The Orioles' ownership situation also has implications for their ongoing dispute with the Washington Nationals over MASN and rights fees.