Why Wall Street Giant David Rubenstein Bought the Baltimore Orioles

In this episode of The Deal, Alex Rodriguez and Jason Kelly talk with David Rubenstein, co-founder of The Carlyle Group, about his recent purchase of the Baltimore Orioles. Rubenstein tells the hosts about why he bought his hometown baseball team, how he assembled the ownership group and what the Orioles mean for the city of Baltimore.

Intro 0:00 - 2:04
Owning the Orioles 2:05 - 5:16
Why The Baseball Team 5:17 - 7:10
Why Not Earlier 7:11 - 8:52
Good Deal? 8:53 - 12:35
Baltimore 12:36 - 13:42
What Kind of Owner Are You? 13:43 -18:32
Learning Baseball 18:33 - 19:32
Community Asset 19:33 - 23:40
Career Journey 23:41 - 26:18
Capital Raising 26:19 - 33:56
Philanthropy 33:57 - 35:09
David Rubinstein Show 35:10 - 37:33
Intellectual challenge of Baseball 37:34 - 39:13
How Business of baseball will Evolve 39:14 - 41:16
Expansion of Baseball 41:17 - 42:20
Best Kind of Talent 42:21 - 43:43
Best Sports Deal 43:44 - 44:42
Rapid Fire 44:43 - 46:15
Outro 46:16 - 47:02

--------
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_...

Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptio...

Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.

Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.