60 Minutes MLB Owner and Philanthropist David Rubenstein | The Takeout with Major Garrett
24 snips
Sep 14, 2025 
David Rubenstein, co-founder of the Carlyle Group and owner of the Baltimore Orioles, shares his insights on the unifying power of sports in American society. He discusses the impact of sports betting on athletes and the challenges of declining diversity in baseball. Rubenstein shares his thoughts on the economy's future, the implications of AI, and whether a recession is looming. He also reflects on presidential elections and the idea of mental acuity tests for aging candidates, weaving in his own experiences from the world of baseball and business.
AI Snips
Chapters
Transcript
Episode notes
Sports As Social Glue
- Sports unite diverse Americans and boost civic engagement across political lines.
- David Rubenstein says politicians attend games because sports connect them to the public.
Owner Turned Fan: Orioles Rollercoaster
- Rubenstein describes obsessively watching Orioles after buying the team and feeling real emotional swings.
- He recounts a historic game where a player broke a no-hitter with a ninth-inning homer and they won in a walk-off.
Sports Franchises As Skyrocketing Assets
- Team valuations have exploded, driven largely by TV rights and global demand.
- Rubenstein cites $6–$10 billion valuations for major franchises as evidence of the market shift.