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Orioles Owner David Rubenstein Highlights Payroll Increase and Camden Yards Renovations

Rubenstein emphasizes commitment to team success, financial sustainability, and long-term improvements during spring training media session.

  • David Rubenstein, in his second year as Orioles owner, announced a 56% increase in the team's payroll, marking the largest rise in MLB this offseason.
  • Rubenstein confirmed plans for significant Camden Yards upgrades, including a revamped sound system, enhanced concessions, updated player facilities, and a new scoreboard by 2026.
  • While expressing a desire to sign young stars like Gunnar Henderson and Adley Rutschman to long-term contracts, Rubenstein took a cautious 'wait-and-see' approach to extensions.
  • Rubenstein reiterated his stance on MLB adopting a salary cap to promote competitive balance, though acknowledged resistance from the MLB Players Association.
  • The Orioles aim to increase fan engagement and attendance while maintaining financial sustainability, with Rubenstein highlighting the importance of profitability alongside on-field success.
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