The Orioles have confirmed yesterday’s reports on a sale of the team, announcing Wednesday that a group of investors led by billionaire David Rubenstein of the Carlyle Group private equity firm has purchased the control stake of the team from the Angelos family for $1.725 billion. Notably, former control person John Angelos will remain a “major investor” in the club and will … [Read more...] about Orioles Confirm Agreement To Sell Control Stake Of Franchise To Group Led By David Rubenstein
Reports: Angelos Family Agrees To Sell Orioles
The Angelos family plans to sell the Orioles to a group led by two private equity billionaires, David Rubenstein of the Carlyle Group and Mike Arougheti of Ares Management Corp., as first reported by Sportico and John Ourand of Puck News. Andy Kostka, Pamela Wood and Danielle Allentuck of the Baltimore Banner report that various others will have smaller ownership roles — … [Read more...] about Reports: Angelos Family Agrees To Sell Orioles
Orioles, Danny Coulombe Avoid Arbitration
6:25pm: Coulombe receives a $2.3MM salary, The Associated Press reports. That’s the midpoint of the respective filing figures. The 2025 option is valued at $4MM and comes without a buyout. Coulombe could push the option value as high as $4.925MM via escalators. The price would increase by $100K if he reaches 50 appearances this year, $50K apiece for his next five games, $55K … [Read more...] about Orioles, Danny Coulombe Avoid Arbitration
NL East Notes: Fried, Garrett, Peralta, Mets
Max Fried is feeling healthy after an injury-plagued 2023 season, and the Braves ace is looking to focus just on baseball rather than a possible trip to free agency next winter. “I feel like a lot of that is, I would say it’s out of my control right now,” Fried told the Atlanta Journal-Constitution’s Justin Toscano and other reporters. “But the Braves do things a certain way, … [Read more...] about NL East Notes: Fried, Garrett, Peralta, Mets
Mariners Interested In Dylan Cease
The Mariners have begun discussing a trade for right-hander Dylan Cease with the White Sox, according to USA Today’s Bob Nightengale. Nightengale suggests that the White Sox are seeking a package centered around one of Bryce Miller or Bryan Woo, Seattle’s pair of cost-controlled righty starters. There’s no indications that a deal is particularly close or even likely, with … [Read more...] about Mariners Interested In Dylan Cease