MLB owners unanimously approve sale of Baltimore Orioles to a group headed by David Rubenstein

FILE - David Rubenstein speaks during an interview hosted by the Economic Club of Washington, Wednesday, Dec. 13, 2023, in Washington. Rubenstein’s purchase of the Baltimore Orioles was approved Wednesday by Major League Baseball owners, clearing the way for the Angelos family to finalize the sale after over three decades running the team. FILE - Peter Angelos, owner of the Baltimore Orioles, arrives Sunday Jan.

“To own the Orioles is a great civic duty,” Rubenstein, a Carlyle Group Inc. co-founder, said in a statement. “On behalf of my fellow owners, I want the Baltimore community and Orioles fans everywhere to know that we will work our hardest to deliver for you with professionalism, integrity, excellence, and a fierce desire to win games.”

Angelos and his family took control of the Orioles in 1993, when Peter Angelos purchased the team for $173 million. Angelos’ health took a turn for the worse in recent years —Will Smith, Dodgers reach $140 million, 10-year deal. LA has spent $1.4 billion on 5 key playersReds second baseman Matt McLain has shoulder surgery and will be sidelined for extended period

The Orioles are coming off a 101-win season and their first AL East title since 2014. Hopes are high after the team acquired ace right-hander Corbin Burnes in a trade with Milwaukee. Young stars Adley Rutschman and Gunnar Henderson have performed like franchise cornerstones, and Baltimore has another top prospect still in the minors in Jackson Holliday.

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