Sports

Carlyle’s Rubenstein Is in Talks to Acquire Baltimore Orioles

  • Rubenstein’s net worth is $4.6 billion according to Bloomberg
  • Deal could be announced in first half next year, if finalized.
The Baltimore Orioles mascot celebrates after a victory at Oriole Park at Camden Yards in May 2023 in Baltimore, Maryland.Photographer: Greg Fiume/Getty Images

Carlyle Group Inc. co-founder David Rubenstein is in talks to acquire Major League Baseball’s Baltimore Orioles, according to people with knowledge of the matter.

Rubenstein is among suitors pursuing a transaction, said one of the people, all of whom requested anonymity discussing confidential information. Nothing has been finalized and talks may still fall apart, the people said.