Sale of Baltimore Orioles to David Rubenstein unanimously approved by MLB owners

Major League Baseball

Updated Mar. 27, 2024 12:57 p.m. ET

MLB owners unanimously approved the sale of the Baltimore Orioles from the Angelos family to private equity billionaire David Rubenstein on Wednesday.

“I congratulate David Rubenstein on receiving approval from the Major League Clubs as the new control person of the Orioles,” MLB Commissioner Rob Manfred said in a statement Wednesday. “As a Baltimore native and a lifelong fan of the team, David is uniquely suited to lead the Orioles moving forward. We welcome David and his partners as the new stewards of the franchise.”

Rubenstein posted a video to X in the wake of the sale.

Rubenstein’s deal to buy the Orioles was first made public in January. Baltimore is coming off a 101-61 season that saw it reach the playoffs for the first time since 2016 and win the AL East for the first time since 2014. The Orioles open the 2024 MLB season at home against the Los Angeles Angels on Thursday at 3:05 p.m. ET.

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