Baltimore Orioles Auction (2025)

FAQs

How profitable are the Baltimore Orioles? ›

In 2023, the revenue of the Major League Baseball team Baltimore Orioles amounted to 328 million U.S. dollars. This shows an increase from the previous year's total of 264 million U.S. dollars.

After 52 years in St. Louis, the franchise was purchased in 1953 by a syndicate of Baltimore business and civic interests, led by attorney and civic activist Clarence Miles and Mayor Thomas D'Alesandro Jr. The team's current owner is David Rubenstein.

The control stake of the team -- along with its related assets, including its stake in the Mid-Atlantic Sports Network -- was sold for $1.725 billion to Rubenstein, a Baltimore native and the co-founder/co-chairman of The Carlyle Group.

Major League Baseball's owners have unanimously approved private-equity billionaire David Rubenstein as the new owner of the Baltimore Orioles.

The latest ranking reported that the New York Yankees is the most valuable MLB franchise after the 2021 MLB season.

David Rubenstein is in talks to buy MLB's Baltimore Orioles

Billionaire investor David Rubenstein is in discussions to potentially acquire Major League Baseball's Baltimore Orioles, a person familiar with the matter told CNN.

The vote was the final hurdle for Rubenstein and his ownership group to take control of the team at a price tag of $1.725 billion. "To own the Orioles is a great civic duty.

Ripken also says he knows a lot more about the business side of owning a baseball team since he retired from Major League Baseball in 2001. He owns the Aberdeen IronBirds, the High-A minor league affiliate for the Orioles, who play at Cal Ripken Stadium. "I bring more to the table than I did 20 years ago," Ripken said.

MLB 2024 Payrolls: Orioles Rise to 25th with $103 Million Spending, Up from 29th in 2023 ($71 Million)

Request an Oriole Bird Appearance

Corporate Events: $350/hour. Nonprofits or Community Appearances: $190/hour.

How much is the Orioles payroll? ›

Player expenses of the Baltimore Orioles 2001-2023

In 2023, the Baltimore Orioles had a team payroll, including benefits and bonuses, of 101 million U.S. dollars. The Major League Baseball team's player expenses increased by nearly 20 million U.S. dollars from the previous year.

Franchise value of the Baltimore Orioles 2002-2024

In 2024, the Baltimore Orioles had an estimated value of 1.72 billion U.S. dollars. The Major League Baseball franchise is owned by Peter Angelos, who bought the franchise for 173 million U.S. dollars in 1993.

Mike Arougheti, the co-founder and CEO of Ares Management and part of the Orioles' ownership group that recently took control, introduced himself to fans at the bar located near Camden Yards — along with Michael Smith and Mitch Goldstein, two other members of the group — and bought those in attendance a beer while ...

The transaction values the franchise and assets at $1.725 billion. Rubenstein, 74, is co-founder and co-chairman of The Carlyle Group, a capital wealth management fund, and he will become the controlling owner of the Orioles, pending approval.

Details: Rubenstein would be control owner, according to a source familiar with the situation. His minority partners are expected to include Orioles legend Cal Ripken Jr. and Ares Management co-founder Mike Arougheti, plus several other Maryland leaders and philanthropists.

Franchise value of the Baltimore Orioles 2002-2024

In 2024, the Baltimore Orioles had an estimated value of 1.72 billion U.S. dollars.

The New York Yankees are one of the most famous sports teams in the world. It is therefore unsurprising that the baseball team, based at Yankee Stadium in New York City, generated league-high revenue of 679 million U.S. dollars in 2024.

Who is the highest-paid mascot in the MLB? In the MLB, some of the highest-paid mascots are the Baltimore Orioles' Oriole Bird, who makes an estimated $350 per hour for appearances, and the Kansas City Royals' Sluggerrr, who makes an estimated $400 per hour for appearances, according to Yahoo!.