The Baltimore Orioles have been sold to David Rubenstein's investment group for $1.725 billion. The group includes Cal Ripken Jr., Grant Hill, Michael Bloomberg, and former mayor Kurt Schmoke. John Angelos will be a senior advisor to the organization. Rubenstein's group will initially purchase a 40% stake in the franchise, taking over from the Angelos family, who have owned the Orioles since 1993. The sale has been officially confirmed, and Cal Ripken Jr. expressed excitement to be part of the ownership group.
Rubenstein’s group will initially purchase a 40% stake in the franchise, taking over from the Angelos family, who have owned the Orioles since 1993. https://t.co/ERzTz6imKd
Latest Details On Sale Of Orioles https://t.co/apjh20PpCY https://t.co/Q70hMVlPtK
Baltimore Orioles sale: Five reasons why David Rubenstein is making $1.725 billion purchase https://t.co/jsN4wboohh
The Angelos family is selling the Baltimore Orioles to private equity billionaires David Rubenstein and Mike Arougheti for $1.725 billion. https://t.co/aqBkF7tXLs
The @Orioles ownership Angelos Family sells Control to David Rubinstein Group. https://t.co/g2DHK6daVG
Inside The $1.7 Billion Sale Of The Baltimore Orioles https://t.co/ln8D2vDnVi
David Rubenstein and Michael Arougheti agreed to buy the Baltimore Orioles baseball team from the Angelos family for $1.73 billion, Puck News reported https://t.co/dOArePBn3O
Cal Ripken Jr. and Grant Hill part of the investment team that has agreed to buy Orioles https://t.co/vqnk0lbwXE https://t.co/WKOMq5MudF
Cal Ripken Jr. and Grant Hill are among the investors in the Orioles’ new ownership https://t.co/9I7i6cIdNb
Orioles Confirm Agreement To Sell Control Stake Of Franchise To Group Led By David Rubenstein https://t.co/XqjmTfHuj2 https://t.co/G0WW2IPmhd
Angelos family selling controlling stake in Orioles to David Rubenstein for $1.725 million https://t.co/gSrx6KpmeS https://t.co/21Ey3t2MUb
Surprising but good news for the @Orioles today. I want to thank the Angelos family for laying a strong foundation with our world-class stadium and young talent – I am excited to see David Rubenstein and Angelos work together to build on that. (1/2)
The Orioles make it official: The Angelos family is selling a controlling stake in the franchise to Baltimore billionaire David Rubenstein — joined by: • Cal Ripken Jr • Mike Bloomberg • NBA HOF Grant Hill • Former mayor Kurt Schmoke • Washington Spirit owner Michele Kang https://t.co/lzWgMgwNdk
I am excited to once again be a part of the @Orioles organization and I thank @DM_Rubenstein for including me in the ownership group. (1/2)
The Orioles make it official. The Angelos Family agrees to sell a control stake in the O’s to Baltimore native David M. Rubenstein for $1.725 billion, subject to review and approval. Michal Arougheti, Cal Ripken Jr. & Grant Hill are among the group of investors. https://t.co/QYbXqgiqw7
Orioles investment group includes: * Cal Ripken Jr. * Grant Hill * Michael Bloomberg (John's Hopkins alum) https://t.co/uJkh5vYxEx
John Angelos: "This relationship with David Rubenstein and his partners validates that we have not only met but exceeded our goals.” #Orioles
Sale price for #Orioles is $1.725 billion to David Rubenstein. John Angelos will be senior advisor to organization.