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Orioles Owner Says MLB Teams Profit as Salary Cap Debate Looms
Orioles owner David Rubenstein said MLB team owners can make substantial profits, while also describing his purchase of the team as a way to help Baltimore. His candid remarks come as MLB owners push for a salary cap ahead of labor negotiations, despite a postseason featuring small-market teams.
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About David Rubenstein
David Mark Rubenstein is an American billionaire businessman, philanthropist, and former government official. He is a co-founder and co-chairman of the Carlyle Group, a private equity firm based in Washington, D.C. Rubenstein is also the principal owner of Major League Baseball (MLB) team the Baltimore Orioles.
Everything about David Rubenstein →- Occupation
- entrepreneur, financier, lawyer, podcaster
- Position held
- board member
- Citizenship
- United States
- Born
- August 11, 1949
- Website
- http://www.davidrubenstein.com/, https://www.davidrubenstein.com/