BALTIMORE – It’s a new era of Baltimore baseball with the sale of the Orioles to David Rubenstein now official.
The Baltimore native was introduced Thursday hours before his Orioles took the field in the season opener at Camden Yards.
MLB owners unanimously approved the sale on Wednesday, marking the final move of the transaction.
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Under the agreement, Rubenstein will now become the Orioles' lead decision-maker while the Angelos family will continue to be a major investor.
"They're going to feel the enthusiasm this group's going to bring," Orioles manager Brandon Hyde said. "I'm looking forward to all of our players meeting them."
"This is a very bright inflection point of our franchise," Orioles General Manager Mike Elias said.
The Orioles feature arguably the best young core in baseball with one of the top minor league systems.
"He is a very impressive man," Orioles outfielder Austin Hayes said. "I think he has the best interest of the team at heart."
