• Loading stock data...
Thursday, September 4, 2025
Fox Analyst and Media Entrepreneur Greg Olsen to Speak at Tuned In Get your ticket now!

Leonsis Adds Baltimore Orioles to Shopping List

  • Ted Leonsis could bid on the Baltimore Orioles with Carlyle Group co-founder David Rubinstein.
  • It’s unclear if the team will be sold.
Ted-Leonsis-Washington-Wizards
Geoff Burke-USA TODAY Sports

Ted Leonsis and Carlyle Group co-founder David Rubenstein are considering a bid for the Washington Nationals, but they also have a neighboring team on their radar.

The two have reportedly told people connected to the Baltimore Orioles that they would consider bidding if the team became available.

While the Nationals are likely to be sold at some point, the Orioles situation is cloudier.

  • In June, Louis Angelos sued his brother, Orioles chairman and CEO John Angelos, and their mother, Georgia Angelos, alleging that John blocked a plan to sell the team.
  • Louis’ attorneys stated that the brothers’ ailing father, Peter Angelos, established a trust through which Louis and John would share equally in the management and inheritance of all family assets, but John has been working to gain full control over the team.
  • Georgia’s legal filings showed that she retained Goldman Sachs and Jones Day to provide services related to a planned sale.

In March, Forbes valued the Nationals at $2 billion and the Orioles at $1.4 billion.

The MASN Question

A sale of either team could lead to a resolution of the unique broadcasting arrangement between the two teams: The Orioles own 67% of MASN, the independent regional sports network that holds broadcast rights for both teams.

Leonsis could seek to buy out the Nationals’ rights, should he purchase the team. On Tuesday, his Monumental Sports & Entertainment took full control of NBC Sports Washington after purchasing Comcast’s 67% stake.

NBCSW broadcasts the Washington Wizards and Capitals, both of which are owned by Monumental.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Samuel Basallo

Orioles Give Catcher Record Extension Amid Adley Rutschman’s Stunning Fall

Samuel Basallo’s reported $67M deal would be a record for pre-arbitration catchers.

Twins Sale Reversal Mirrors Troubling MLB Precedent

The MLB club’s situation resembles aborted sales of the Nationals and Angels.
Jan 26, 2025; Philadelphia, PA, USA; Washington Commanders quarterback Jayden Daniels (5) passes the ball against the Philadelphia Eagles during the second half in the NFC Championship game at Lincoln Financial Field.

$3.8B Commanders Stadium On Track for D.C. Approval

D.C. continues two days of public hearings on a proposed Commanders stadium.
CJ McCollum

CJ McCollum Calls NBA CBA He Helped Negotiate ‘Not Perfect’ 

McCollum was the NBA players’ union president from 2021 until June 2025. 

Featured Today

Oct 13, 2024; Philadelphia, Pennsylvania, USA; Philadelphia Eagles quarterback Jalen Hurts (1) and wide receiver A.J. Brown (11) celebrate their touchdown pass during the second quarter against the Cleveland Browns at Lincoln Financial Field.

TV Ratings Just Changed Again. The NFL Will Be the Big Winner

Nielsen’s new viewership system will have a big impact on sports.
Ohio State Buckeyes wide receiver Jeremiah Smith (4) celebrates with offensive lineman Donovan Jackson (74) after a touchdown catch against Notre Dame Fighting Irish in the first quarter during the College Football Playoff National Championship at Mercedes-Benz Stadium in Atlanta on January 20, 2025.
August 30, 2025

The Most Expensive Roster Year in College Football History

The House settlement created revenue-sharing—and a big NIL loophole.
August 26, 2025

‘You’re Going to Get Beat Up’: The Liberty’s All-Male Practice Squad

A select group suits up weekly to take on the defending champs.
August 24, 2025

The Honey Deuce Effect: How Tennis Perfected the Signature Cocktail

Sold every 1.5 seconds, they total more than $12 million in sales.

Clippers Push Back on Kawhi Leonard Report, Call It ‘Provably False’

Clippers owner Steve Ballmer is the richest owner in the NBA.
August 29, 2025

Cowboys Can’t Bank on Mavericks’ Lottery Luck After Parsons Trade

The Mavericks lucked into Cooper Flagg through the 2025 NBA draft lottery.
September 2, 2025

F1’s McLaren Valued at More Than $5B After Recent Stake Sale

MSP Capital purchased its stake in McLaren in 2020.
Sponsored

Trailblazer Cal Calamia Is Racing for ‘Advocacy, Storytelling, and Performance’

The marathoner wants excellence—not just inclusion—to be the goal for non-binary athletes.
August 28, 2025

Rhyne Howard Calls Out Dream Fans for A’Ja Wilson ‘MVP’ Chants

The Las Vegas Aces overtook the Atlanta Dream in the standings.
August 28, 2025

Connor McDavid: ‘All Options on Table’ As Historic Free Agency Looms

The Oilers superstar remains largely mum on his long-term plans.
United
August 28, 2025

Manchester United Knocked Out of Cup by Team With $2.6 Million Payroll

United’s team payroll is almost 100 times larger than Grimsby’s.
Monica Wright
August 26, 2025

WNBA Expansion Teams Still in Dark As CBA Fight Drags On

Portland and Toronto won’t know the draft rules until a CBA is signed.