Baltimore, Maryland - In a surprising turn of events, David Rubenstein, co-founder of The Carlyle Group, is reportedly engaged in discussions to acquire the Baltimore Orioles, according to Bloomberg's Gillian Tan. Rubenstein, a native of Baltimore, is among the suitors pursuing the purchase of the Major League Baseball (MLB) franchise. However, it is important to note that nothing has been finalized, and the talks still have the possibility of falling apart.

Since 1993, the Orioles have been under the ownership of Peter Angelos, who acquired the team for a sum of $173 million. In recent years, due to his declining health, the Angelos family has passed the reins to Peter's sons, John and Louis, who have since taken control of the franchise. Throughout this transition, the Orioles have become a subject of ongoing speculation regarding potential relocation and uncertainties surrounding their long-term home.

Earlier this year, hopes of any potential relocation were seemingly dashed when the Orioles and Maryland Governor Wes Moore jointly announced a new 30-year lease, securing their presence at the iconic Camden Yards for the foreseeable future. Unfortunately, recent developments have raised doubts about the validity of that announcement.

According to a report by Andy Kostka of the Baltimore Banner, talks in recent weeks between the team and the state have been tense as they attempt to negotiate a deal. Back in September, both parties had announced a non-binding memorandum of understanding, but no lease was signed at the time. The Orioles have expressed their desire to create new revenue streams by developing state-owned buildings and land, in addition to the standard lease terms. Adding to the urgency is the fact that the Orioles' current lease is set to expire on December 31.

With the potential involvement of David Rubenstein and his pursuit to purchase the Orioles, the future ownership and direction of the franchise remain uncertain. As talks continue, fans and stakeholders eagerly await a resolution that will determine the team's fate and its long-term presence in the baseball-loving city of Baltimore.

Disclaimer: The information in this article is based solely on the provided context and any subsequent developments may not have been included. Stay tuned for further updates as the situation unfolds.