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Baseball, Sports Business, Baltimore Orioles, Cal Ripken Jr., Grant Hill

Several big names are part of new Orioles ownership group

January 31, 2024 by Grey Papke • Comments
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A Baltimore Orioles cap
May 14, 2022; Detroit, Michigan, USA; Baltimore Orioles cap and glove sits in dugout in the second inning against the Detroit Tigers at Comerica Park. Mandatory Credit: Rick Osentoski-USA TODAY Sports

The new ownership group taking charge of the Baltimore Orioles is set to feature an array of big names.

The Orioles confirmed the sale of the team on Wednesday to a group led by David Rubenstein, a private equity billionaire. Rubenstein’s group also includes a wide array of minority investors, including former New York City mayor Michael Bloomberg.

Notably, two major figures in the sports world are tied to the group: former NBA star Grant Hill and Orioles legend Cal Ripken Jr.

Orioles announce others involved in ownership: Cal Ripken, Jr., Oriole’s legend and MLB Hall of Famer; Kurt Schmoke, former Baltimore Mayor; Grant Hill, NBA Hall of Famer; Mike Bloomberg, entrepreneur and philanthropist; Michele Kang

— Britt Ghiroli (@Britt_Ghiroli) January 31, 2024

On X, Ripken voiced his excitement at being part of the group and said he would do “whatever I can” to help the organization.

The Orioles have been a part of my life since I was a child, and this is a special day. I look forward to this opportunity and will do whatever I can to help the organization. Let’s go O’s!

— Cal Ripken, Jr. (@CalRipkenJr) January 31, 2024

The Rubenstein group is paying over $1.7 billion for the franchise, a popular move with fans who are glad to see the unpopular Angelos family on the way out. Having someone who is so closely linked to the team as even a minor part of the new group can only help.

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