Orioles owner David Rubenstein reflects on first year, vows to keep team in Baltimore

Orioles owner David Rubenstein talks about future plans with franchise

BALTIMORE — Baltimore Orioles owner David Rubenstein reflected on his first year leading the franchise in an interview with CBS. Rubenstein discussed the team's strong start, a playoff disappointment, and his plans for the future.

Rubenstein and his investment group took full ownership of the team in August,  closing on the remainder of the organization from the previous owner, the Angelos family.

He was approved by Major League Baseball owners before the 2024 season started as the Orioles' new majority owner. His group originally held 70 percent control of the Orioles.  

"The first year I had a bit of a honeymoon," Rubenstein said. "I was new, people wanted a fresh owner perhaps, and I got a lot of support. I tried to be visible and went around the stadium a bit."

Rubenstein became the Orioles' principal owner this season. The team's promising early months were hindered by injuries, leading to an early playoff exit.

"We didn't win the World Series," he said. "At some point, they may say, 'OK, you're a nice guy, but we want to win the World Series.'"

Rubenstein expressed optimism despite the challenges, saying he hopes to avoid a "sophomore jinx" in his second year.

He plans to dedicate more time to Baltimore, develop the area around Camden Yards, and foster more community support.

"I want to show that small-city teams can win, but it takes the support of everybody in the community," he said. "I hope we can get attendance to continue to rise, keep our best players with us, and have a great front office team and managers stay with us for quite some time."

Fans have also voiced concerns about the team potentially leaving Baltimore, and Rubenstein is offering reassurance.

"As long as I'm alive, it will be the Baltimore Orioles," Rubenstein said.

The full interview with Rubenstein will air on CBS's "Face the Nation" on Sunday, December 29, at 10 a.m.

Bright future

In the first season of Rubenstein's ownership, the Orioles finished second in the American League East with 91 wins. They were then swept by the Kansas City Royals in the Wild Card series.

The Orioles return a ton of young talent which includes Gunnar Henderson, Adley Rutschman, Grayson Rodriguez, Jordan Westburg, Jackson Holliday, and Colton Cowser, joining veterans Cedric Mullins, Ryan Mountcastle and Zach Eflin.

This offseason, the Orioles signed outfielder Tyler O'Neill and catcher Gary Sanchez.

They open the 2025 regular season at Toronto on March 27. The first home game at Camden Yards will be against Boston on March 31.

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