Orioles Owner Says MLB Teams Profit as Salary Cap Debate Looms

Orioles owner David Rubenstein said MLB team owners make money, recalling that he became interested in buying a team after friends told him they were profitable. He said he also bought the Orioles to help his hometown of Baltimore, and argued that owners care more about winning than making money while not being opposed to profits. His comments come as MLB heads toward contentious labor negotiations, with owners increasingly advocating for a salary cap after previously disputing that team ownership is lucrative. A World Series featuring small-market teams—the Brewers against either the Guardians or Rays—could further challenge the league’s competitive-balance argument for a cap.