Orioles

Report: Carlyle Group’s Rubenstein pursuing Orioles

The Carlyle Group’s co-founder, David Rubenstein, is in talks to acquire the Orioles, according to a report by Bloomberg.

The report said that Rubenstein, 74, a Baltimore native who attended Baltimore City College, is one of those who is interested in buying the team. His net worth is 3.6 billion, according to Forbes.

Orioles Chairman and CEO John Angelos hasn’t said that the team was for sale, and the team didn’t respond to Bloomberg’s request for comment.

Peter Angelos, the team’s managing partner, is 94 and in poor health and hasn’t had an active role in running the team for nearly six years.

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Rich Dubroff

Rich Dubroff grew up in Brooklyn as a fan of New York teams, but after he moved to Baltimore, quickly adopted the Orioles and Colts. After nearly two decades as a freelancer assisting on Orioles coverage for several outlets, principally The Capital in Annapolis and The Carroll County Times, Dubroff began covering the team fulltime in 2011. He spent five years at Comcast SportsNet’s website and for the last two seasons, wrote for PressBoxonline.com, Dubroff lives in Baltimore with his wife of more than 30 years, Susan.

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Rich Dubroff

December 7, 2023

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