The Angelos family infighting and litigation over control of the Baltimore Orioles baseball team, [ Link: https://birdswatcher.com/2022/06/16/baltimore-orioles-angelos-soap-opera/ ] presents Major League Baseball, David Rubenstein, and The Carlyle Group a unique opportunity to change the business and investment models for MLB teams making them consistent with the business and investment models of major 21st century businesses.
Rubenstein, himself a billionaire, is the co-cofounder and co- executive chairman of the The Carlyle Group, one of the largest global private equity and investment firms in the world which manages over $300 Billion in assets. Rubenstein was born and raised in Baltimore. Carlyle is publicly traded. [NASDAQ: CG]. Link: https://finance.yahoo.com/quote/CG/profile/
Rubenstein has been rumored to be interested in buying the team:
Forbes currently values the Baltimore Orioles at $1.37 billion.
Other potential owners/investors such as former Orioles president and CEO Larry Lucchino and Baltimore native David Rubenstein have been mentioned as other possible team investors.
Rubenstein is the CEO of the Carlyle Group, which is a global investment firm and no doubt has access to the capital needed to be at least a part-owner of a Major League franchise.
The heart of this issue is the prolonged drama that could unfold if the Angelos family continues their legal struggles for the rest of this year and well into the following year.
Link: https://birdswatcher.com/2022/06/18/cal-ripken-jr-orioles-ownership/
An acquisition by Rubenstein and Carlyle has interesting implications.
Carlyle’s investment group probably would be diverse and inclusive of minority investors. Oprah Winfrey comes to mind. She is now a billionaire who began her broadcasting career, in part, on WJZ-TV [CBS 13 TV] in Baltimore. There are other Black investors who probably would be included in the investment group.
That would be a progressive business and investment model for MLB which in the 21st century is lacking diverse and Black ownership in its teams.
A Rubenstein-Carlyle acquisition would provide MLB access to an enormous base of liquid capital to expand through the establishment of new teams in foreign countries. That means more money for all team owners.
So if the outcome of the Angelos litigation results in the sale of the team to Rubenstein and Carlyle, then so be it.
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Rubenstein and Carlyle Should Buy The Orioles
The Angelos family infighting and litigation over control of the Baltimore Orioles baseball team, [ Link: https://birdswatcher.com/2022/06/16/baltimore-orioles-angelos-soap-opera/ ] presents Major League Baseball, David Rubenstein, and The Carlyle Group a unique opportunity to change the business and investment models for MLB teams making them consistent with the business and investment models of major 21st century businesses.
Rubenstein, himself a billionaire, is the co-cofounder and co- executive chairman of the The Carlyle Group, one of the largest global private equity and investment firms in the world which manages over $300 Billion in assets. Rubenstein was born and raised in Baltimore. Carlyle is publicly traded. [NASDAQ: CG]. Link: https://finance.yahoo.com/quote/CG/profile/
Rubenstein has been rumored to be interested in buying the team:
Forbes currently values the Baltimore Orioles at $1.37 billion.
Other potential owners/investors such as former Orioles president and CEO Larry Lucchino and Baltimore native David Rubenstein have been mentioned as other possible team investors.
Rubenstein is the CEO of the Carlyle Group, which is a global investment firm and no doubt has access to the capital needed to be at least a part-owner of a Major League franchise.
The heart of this issue is the prolonged drama that could unfold if the Angelos family continues their legal struggles for the rest of this year and well into the following year.
Link: https://birdswatcher.com/2022/06/18/cal-ripken-jr-orioles-ownership/
An acquisition by Rubenstein and Carlyle has interesting implications.
Carlyle’s investment group probably would be diverse and inclusive of minority investors. Oprah Winfrey comes to mind. She is now a billionaire who began her broadcasting career, in part, on WJZ-TV [CBS 13 TV] in Baltimore. There are other Black investors who probably would be included in the investment group.
That would be a progressive business and investment model for MLB which in the 21st century is lacking diverse and Black ownership in its teams.
A Rubenstein-Carlyle acquisition would provide MLB access to an enormous base of liquid capital to expand through the establishment of new teams in foreign countries. That means more money for all team owners.
So if the outcome of the Angelos litigation results in the sale of the team to Rubenstein and Carlyle, then so be it.
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