Angelos family agrees to sell control stake in O's to David Rubenstein
Good news for Baseball, bad news for the Blue Jays.
David Rubenstein is the multi-billionaire co-founder of The Carlyle Group, one of the biggest players in Global economics.
The Orioles have a ton of controllable young talent, one of the best farm systems, and now they have ownership with deep pockets, with the guy who pretty much wrote the book on making money calling the shots. The big question is whether the ownership will take the MLSE route and treat the team primarily as a revenue-producing asset, or whether they want to spend like the Dodgers.
Rubenstein is a Baltimore native. His ownership group includes Cal Ripken, Jr. and Grant Hill, (Rubenstein and Hill are both alumni of Duke University). I know nothing about Rubenstein other than what's on his wikipedia stub.
Rubenstein is noted for his philanthropy. A picture of him after he bought the last privately-owned copy of the Magna Carta is in an issue of National Geographic among my toilet magazines. That's something really special for a lawyer to own.
Good news for Baseball, bad news for the Blue Jays.
David Rubenstein is the multi-billionaire co-founder of The Carlyle Group, one of the biggest players in Global economics.
The Orioles have a ton of controllable young talent, one of the best farm systems, and now they have ownership with deep pockets, with the guy who pretty much wrote the book on making money calling the shots. The big question is whether the ownership will take the MLSE route and treat the team primarily as a revenue-producing asset, or whether they want to spend like the Dodgers.
Rubenstein is a Baltimore native. His ownership group includes Cal Ripken, Jr. and Grant Hill, (Rubenstein and Hill are both alumni of Duke University). I know nothing about Rubenstein other than what's on his wikipedia stub.
Rubenstein is noted for his philanthropy. A picture of him after he bought the last privately-owned copy of the Magna Carta is in an issue of National Geographic among my toilet magazines. That's something really special for a lawyer to own.
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