Bloomberg: Carlyle Group/David Rubenstein In Talks To Purchase Orioles

[Moose Milligan]

3 minutes ago, ScGO's said:

Carlyle group is hands down sketchy. World movers, Big Bank money, Assassination money, etc. Wouldn't be surprised if sinister things existed in his closet. Very sinister things. However, will he spend money on starting pitching...

I'm here for alleged sketchiness, world moving, big bank money, assassinations and other sinister things if we can get someone who can throw 200 innings for a 3.00 ERA.

[RZNJ]

3 minutes ago, Moose Milligan said:

I just knew what you were gonna ask for before you could DM me for it.  

Haha.  You don’t clean them.  You throw them away.   
 

Depend is a brand of absorbent, disposable underwear and undergarments for people with urinary or fecal incontinence.

[Moose Milligan]

1 minute ago, RZNJ said:

 

Depend is a brand of absorbent, disposable underwear and undergarments for people with urinary or fecal incontinence.

Sounds like you're very familiar with them.  An expert, even.

Anyway, Rubenstein paid 21.3 million for the Magna Carta.  Surely he can see the value in spending as much per year on a TOR starter.

 

[RZNJ]

1 minute ago, Moose Milligan said:

Sounds like you're very familiar with them.  An expert, even.

Anyway, Rubenstein paid 21.3 million for the Magna Carta.  Surely he can see the value in spending as much per year on a TOR starter.

 

You think you can get a TOR for 21.3M?   Good luck.

[Aristotelian]

3 hours ago, Rbiggs2525 said:

Really conflicted on this one. The more I read about him the more concerns I have. I didn’t know about the council of foreign relations until yesterday. It’s hard to find on the internet now but Jeffrey Epstein was a member up until 2009. He also made a donation 2019 to them. Guess who the chairman there is?

 

I know it will be a conspiracy thought but I think it’s important to look into future owner.

Council on Foreign Relations is a very established think tank with a long list of high level members. Just because Epstein was a member at one time does not indicate a special connection to Rubinstein or anything nefarious. 

[Frobby]

1 hour ago, LookinUp said:

 

I don't know what JA wants, but to me the sale almost has to happen within 12ish months of PAs death. It's not just the MASSIVE taxes that he can't pay, it's the whole legal situation with his brother and mother. I think he's already preparing the sale, at least partially because of that. It's just a matter of time.

 

Unless I’m mistaken, no estate taxes are due so long as Georgia Angelos is alive, so your premise that John has to raise cash to pay taxes within a year of Peter’s death is wrong.  

[Roll Tide]

26 minutes ago, Moose Milligan said:

Shhhh, don't tell Pickles.  He's worried that Rubenstein could die in 10 years and we'd have to go through this all over again.

So I’m thinking there are a very limited number of people that could afford approximately $2 billion to buy the Orioles plus whatever Masn will add to the price.

[Moose Milligan]

1 minute ago, Roll Tide said:

So I’m thinking there are a very limited number of people that could afford approximately $2 billion to buy the Orioles plus whatever Masn will add to the price.

So I'm thinking that whoever purchases the Orioles, they can't be much worse than the Angelos family.  I'm not worried about it.

[LookinUp]

44 minutes ago, Frobby said:

Unless I’m mistaken, no estate taxes are due so long as Georgia Angelos is alive, so your premise that John has to raise cash to pay taxes within a year of Peter’s death is wrong.  

I didn't know that. Thanks.

[ThisIsBirdland]

1 hour ago, Frobby said:

Unless I’m mistaken, no estate taxes are due so long as Georgia Angelos is alive, so your premise that John has to raise cash to pay taxes within a year of Peter’s death is wrong.  

Doesn't this undermine the entire capital gains tax issue that we've been discussing on here for the last couple years? If ownership of the Orioles passes to her upon his death, capital gains taxes on the delta between its current value versus purchase value would still be owed upon its sale, correct? So to avoid paying the taxes, they would need to wait for both Peter and Georgia to pass?

[accinfo]

21 minutes ago, ThisIsBirdland said:

Doesn't this undermine the entire capital gains tax issue that we've been discussing on here for the last couple years? If ownership of the Orioles passes to her upon his death, capital gains taxes on the delta between its current value versus purchase value would still be owed upon its sale, correct? So to avoid paying the taxes, they would need to wait for both Peter and Georgia to pass?

It depends how the Orioles are owned.  If they are in Peter and his wife jointly she can get half the stepped up basis.  

[Roll Tide]

 

[ThisIsBirdland]

12 minutes ago, Roll Tide said:

 

Dude clearly wants to buy them. “C’mon John, I’m right here.”

[Billy F-Face3]

2 hours ago, ThisIsBirdland said:

Dude clearly wants to buy them. “C’mon John, I’m right here.”

He sounds like a fan first. And that's the type owner we fans have been waiting for; Someone who will do whatever it takes to win a World Series.

[Fan4Life]

On 12/19/2023 at 12:24 PM, Moose Milligan said:

I'm here for alleged sketchiness, world moving, big bank money, assassinations and other sinister things if we can get someone who can throw 200 innings for a 3.00 ERA.

Me too but not above $27m per. 

Edited December 21, 2023 by Fan4Life