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MLB Offseason Roundup: Orioles Reportedly Sold to New Owners, Blue Jays Land Bat



Cal Ripken

This is one in a series of daily articles highlighting the latest news and notes from the MLB offseason.

According to a report from Sportico, the Baltimore Orioles will soon have new ownership.

A group led by Carlyle Group founder David Rubenstein and Ares Management Corp co-founder Mike Arougheti will purchase the organization for $1.725 billion from the Angelos family, who has owned the team since 1993.

According to further reports, there will be others with smaller ownership roles, including long-time Oriole and Hall of Famer Cal Ripken Jr.

In addition to purchasing the franchise, the new ownership group will acquire the Orioles stake in MASN, the regional sports network for both the Orioles and the Washington Nationals.


The Toronto Blue Jays have been searching for a bat this MLB offseason, and finally landed one after falling short in their pursuits of Shohei Ohtani and Juan Soto.

The Blue Jays have signed veteran Justin Turner to a one-year, $13 million contract. The deal can max out at $14.5 million with a roster bonus and incentives.

Turner, 39, spent the 2023 season in the American League East with the Boston Red Sox. The 15-year-veteran continued to prove he still has some left in the tank. He wrapped up the season with a .276 batting average, an .800 OPS, 31 doubles, 23 home runs and 96 RBIs.

The expectation is that Turner will serve as Toronto’s primary designated hitter and will anchor the middle of the lineup.


  • The Seattle Mariners acquired infielder Samad Taylor from the Kansas City Royals for a player to be named later or cash considerations.


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