NPDS - Baltimore Orioles selling for $1.725 BILLION!?! Is the Angelos family moving on!?; Why is Ben Johnsons staying in Detroit? (Episode 980)

Le Batard & Friends Network

Dan Le Batard

Sports

4.9 • 8.3K Ratings

🗓️ 31 January 2024

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today’s word of the day is ‘hunt for orange October’ as in Tom Clancy as in the Baltimore Orioles as in the Angelos family as in selling time! The Baltimore Orioles will reportedly be sold for $1.725B for David Rubenstein. What does this mean for the team? What does the transaction look like? What are the details? (13:20) Ben Johnson is choosing to stay in Detroit. He reportedly told the two remaining teams (Commanders, Seahawks) he’s out on head coaching to be the OC with the Lions. Why? (27:36) Review: Bobi Wine - The People’s President. (31:45) We have another update on the NHL players and the sexual assault in Canada. It turns out the reports of the players was true and they had to turn themselves in. The Calgary Flames released a statement about their statement on Dillon Dube and his mental health. (35:45) NPPOD. (36:20) It’s time for an update! Just yesterday we talked about Embiid and the 65-game limit. And later that day it became news! (39:40) Roger Goodell had to be deposed in court. Why? What did he say? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Here you go.
0:03.0	go.
0:04.0	go. Hunt for Orange October. That's the nothing personal word of the day for Wednesday, January 31st, the final day of the first month of 2024,
0:25.8	Hunt for Red October, the Tom Clancy book slash Great Movie that many of you have seen.
0:32.0	Tom Clancy back in 1993 became a minority partner
0:37.0	owning the Baltimore Orioles.
0:40.0	And yesterday it was announced,
0:42.0	as we've told you,
0:43.8	the Baltimore Orioles have been sold, but wait,
0:46.9	there are several parts to this story that fascinate me.
0:51.3	David Rubinstein, you'll read about him, you're going to hear hedge fund, billionaire, private equity, partners.
1:00.0	There's a second name that you've heard, but I'm not going to mention his name Mike because his name will never be mentioned again. It's not like John Henry and Tom Warner in baseball circles John Henry's one, Tom Warner's number two.
1:13.7	They call themselves co-owners, but John Henry is the principal owner of the Red Sox.
1:20.8	David Rubinstein will be the control owner, the principal owner of the Baltimore Orioles, but not tomorrow.
1:29.0	This transaction is another in a long line of step transactions where an owner, current owner,
1:36.5	says I would like to take some money off the table, I would like to get a cash infusion,
1:42.4	I'd like to stay in charge and then over time you can buy the rest of it and take charge yourself.
1:50.0	That has happened with numerous teams. It's currently happening with the Cleveland Guardians with David Blitzer and Paul Dolan.
1:59.0	This initial transaction has David Rubinstein owning 40% of the Orioles.
2:07.4	Then getting the rest of the team
2:09.8	not at a specified date,
2:12.1	like in any great Tom Clancy movie, this deal only closes when Peter
	...

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