The Angelos family has agreed to sell the Baltimore Orioles to a group led by David Rubenstein. The deal is worth an estimated $1.725 billion.
Amongst David Rubenstein’s star-studded group are NBA Hall of Famer Grant Hill, Orioles Legend Cal Ripken, former New York Mayor Micheal Bloomberg, and many more.
“I am excited to once again be a part of the Orioles organization and I thank David for including me in the ownership group, the Orioles have been a part of my life since I was a child, and this is a special day.” – Cal Ripkin
The sale is subject to a full vote of Major League Baseball ownership and must receive 75% approval.