# The Business of Owning a Sports Team (ft. Orioles Owner David Rubenstein) Page: https://stenobird.com/podcast/brew-markets-7451311/the-business-of-owning-a-sports-team-ft-orioles-owner-david-rubenstein Text version: https://stenobird.com/podcast/brew-markets-7451311/the-business-of-owning-a-sports-team-ft-orioles-owner-david-rubenstein.md Podcast: [Brew Markets](https://stenobird.com/podcast/brew-markets-7451311) Published: 2026-08-28T19:00:00+00:00 Episode link: https://tracking.swap.fm/track/bHsDpvy53mYwJpnc1UL5/traffic.megaphone.fm/MOBI5210604555.mp3 Audio file: https://tracking.swap.fm/track/bHsDpvy53mYwJpnc1UL5/traffic.megaphone.fm/MOBI5210604555.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/brew-markets-7451311/episodes/the-business-of-owning-a-sports-team-ft-orioles-owner-david-rubenstein Duration seconds: 2811 ## Resource Episode 259: What does owning a sports team actually involve – and can they be run like regular businesses? Today, Ann sits down with David Rubenstein, owner of the Baltimore Orioles and co-founder of the Carlyle Group ahead of the release of his new book, “Inside the Owner’s Box.” They unpack the soaring valuations of sports franchises, the rise of private equity and startup leagues, and why David believes ownership is about more than making money. Plus, David discusses his commitment to Baltimore and what he calls “patriotic philanthropy.” Finally, Ann gives more details on her next steps.  Visit Schwab.com/FinancialDecoder www.brewmarkets.com  Subscribe to the Brew Markets newsletter: https://www.morningbrew.com/brew-mark... Follow Brew Markets on social: Instagram: instagram.com/brewmarkets TikTok: tiktok.com/@brewmarkets X: x.com/brewmarkets Follow Ann Berry on social: Instagram: instagram.com/annberry_nyc X: x.com/AnnBerry_NYC Listen to Brew Markets Here: swap.fm/l/9Qk4z73Z2nEwFiCB4qee Watch Brew Markets Here:⁠ https://www.youtube.com/@BrewMarkets The content shared on this podcast is for informational and entertainment purposes only and should not be considered financial, legal, or investment advice. Brew Markets, Morning Brew and their hosts are not licensed financial advisors. Listeners should conduct their own research and consult with qualified professionals before making any financial decisions or investments. The views expressed are those of the hosts and guests and do not necessarily reflect the views of Morning Brew or its affiliates. This podcast may include paid endorsements or sponsorships Learn more about your ad choices. Visit megaphone.fm/adchoices ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/brew-markets-7451311/episodes/the-business-of-owning-a-sports-team-ft-orioles-owner-david-rubenstein/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/brew-markets-7451311/the-business-of-owning-a-sports-team-ft-orioles-owner-david-rubenstein.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.