• Loading stock data...
Thursday, September 18, 2025

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

Adriunna Brown

Business Is Booming for WNBA’s Top Beauty Pros

A network of stylists is shaping how players look, feel, and perform.
Premier Lacrosse League
September 14, 2025

‘The Circus Is Coming to Town’: Why Upstart Leagues Start on Tour

In their ambitious plans, a traveling schedule is only temporary.
PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.
September 13, 2025

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.

Valkyries Debut Season Sets Stage for Free-Agent Buzz

The Valkyries were eliminated in the first round on Wednesday.
September 15, 2025

Warriors $75M Pitch Fails to Sway Kuminga As Season Looms

Kuminga and his representatives want a long-term deal.
Apr 11, 2025; Portland, Oregon, USA; Portland Trail Blazers guard Rayan Rupert (21) shoots a jump shot during the second half against Golden State Warriors guard Moses Moody (4) at Moda Center.
September 16, 2025

Trail Blazers Sale and Ownership Group Finalized, Now Awaiting NBA Approval

Dundon’s ownership group also includes the founders of Panda Express.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
Valkyries
September 15, 2025

Valkyries Will Try to Remake Ballhalla 50 Miles Away

Golden State will try to stave off elimination in an unfamiliar environment.
Sep 8, 2025; Philadelphia, Pennsylvania, USA; New York Mets outfielder Juan Soto (22) runs to first base during the first inning against the Philadelphia Phillies at Citizens Bank Park.
September 12, 2025

The $339 Million Mets Are in Jeopardy of Missing the Playoffs

The Mets’ wild-card lead is 1.5 games with 15 remaining in the regular season.
Sep 10, 2025; Uncasville, Connecticut, USA; Connecticut Sun forward Aaliyah Edwards (8) fights to keep the ball in-bounds during the second half against the Atlanta Dream at Mohegan Sun Arena.
September 12, 2025

Connecticut AG Demands Documents From WNBA About Sun Sale Process

The WNBA reportedly prefers to move the team to Houston.
Mar 3, 2025; Miami, Florida, USA; Miami Heat guard Terry Rozier (2) warms up prior to the game against the Washington Wizards at Kaseya Center.
September 11, 2025

Hornets Cancel Sports Betting Night Vs. Heat Over Terry Rozier Tie-In

Terry Rozier is under federal investigation for point-shaving in a 2023 game when he was on the Hornets.