Carlyle Group’s Rubenstein Seen in Deals to Purchase the Baltimore Orioles
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.
Read more: Billionaires Rubenstein, Leonsis Eyeing MLB’s Nationals, Orioles
Representatives for the Orioles didn’t immediately respond to a request for comment. A spokesman for Rubenstein declined to comment. Trial lawyer Peter Angelos, 94, is the team’s majority owner.
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Craig Kimbrel aims to help the Orioles reach the postseason once more
After joining the Baltimore Orioles, Craig Kimbrel showed a sense of urgency.
“They want to win now, and they want to win big.” “I don’t know how many more years I have to do this and sling the ball,” the 35-year-old closer said Thursday. “I want to be a part of something successful.” I want to be a part of a fantastic opportunity and feel at ease doing so.”
After winning 101 games and an AL East title, the Orioles are now a reasonable destination for any free agent hoping for an immediate shot at the postseason, and for a reliever like Kimbrel, the opportunities go beyond that. After closer Félix Bautista had Tommy John surgery, Baltimore had a significant need in the bullpen, one that the Orioles tried to fill by acquiring Kimbrel on a $13 million, one-year deal.
Bautista had 33 saves and a 1.48 ERA last season but did not pitch after Aug. 25.
“It’s hard to replace someone like him. What he did last year was absolutely spectacular,” Kimbrel said. “To come in and to fill those shoes and keep this team on a good roll, I fully expect to do that. That’s why I signed here. It’s what I’ve been doing my whole career.”
Kimbrel joins a bullpen that still includes All-Star Yennier Cano. Kimbrel went 8-6 with a 3.26 ERA and 23 saves last year for the Philadelphia Phillies, who reached the NL Championship Series. It was the ninth year Kimbrel pitched in the postseason. He won a World Series with Boston in 2018.
Last year’s playoffs went fine for Kimbrel until the NLCS. After a save in Game 1 against Arizona, Kimbrel took the loss in Games 3 and 4, squandering a two-run lead in the eighth inning of the latter. Philadelphia went on to lose the series in seven.
“It was unfortunate how it ended. It’s terrible,” Kimbrel said. “Part of sports – people win, people lose. You always want to be on the winning side of it, but that’s just not the case. Luckily, I’ve been knocked in the face quite a few times in my career and been able to get back up and keep on going.”
The Orioles certainly hope to be back in the postseason after losing to eventual champion Texas in the AL Division Series. And after the wall in left field was pushed back before the 2022 season, Camden Yards has become more palatable for pitchers.
“As a pitcher, it wasn’t a ballpark you wanted to go to,” Kimbrel said. “It looks like a much more pitcher-friendly ballpark now.”
A nine-time All-Star, Kimbrel’s dominance in his prime was pretty similar to Bautista’s last year. From 2012-14, Kimbrel had 139 saves and a 1.27 ERA for Atlanta.
That type of performance may be beyond Kimbrel at this stage in his career, but Baltimore is hoping he still has a lot to offer. Kimbrel is eighth on the career list with 417 saves and second to Kenley Jansen (420) among active pitchers. If all goes well in 2024, he could easily pass Billy Wagner (422), John Franco (424) and Francisco Rodriguez (437).
“I saw a team with a need and an opening, and I saw a lot of opportunity,” Kimbrel said. “I want to win, and the Orioles want to win. We want to go deep into the playoffs.”
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