• Loading stock data...
Friday, May 3, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds
Law

Baltimore Orioles CEO Says Team ‘Will Never Leave’ Charm City

  • Statement comes days after John Angelos' brother alleged in lawsuit that a move to Tennessee was possible.
  • The Orioles are in the midst of another losing season and team is last in total payroll.
Evan Habeeb/USA TODAY Sports

Baltimore Orioles chairman and CEO John Angelos said in a statement Monday that the team “will never leave” the city, days after his brother alleged in a lawsuit that a move to Tennessee was an option for the beleaguered club. 

“I want to assure our Orioles players and coaches, our dedicated front office senior leadership team and staff, and our devoted fans, trusted partners, elected, civic, and non-profit leaders, and our entire community, that the Orioles will never leave,” John Angelos wrote. 

His brother, Louis Angelos, filed a lawsuit in Maryland last week that seeks to restrain John Angelos and their mother, Georgia, from selling the team or the regional sports network MASN.  Louis Angelos also asked the court to remove his brother and their ailing father, Peter, from the trust. 

The lawsuit alleged John Angelos could “dictate whether the club remained in Baltimore under the present ownership, whether it changed hands, or whether it was stealthily loaded into moving vans.” 

“John intends to maintain absolute control over the Orioles — to manage, to sell or, if he chooses, to move to Tennessee (where he has a home and where his wife’s [music] career is headquartered [in Nashville]) — without having to answer to anyone,” the lawsuit alleged.

Peter Angelos, was left “disabled” after an aortic valve failure in 2017, accoridng to the civil complaint. Angelos, 92, bought the Orioles for $173 million in 1993 — a year after Camden Yards opened. 

The Orioles, currently valued at $1.4 billion, are in the midst of their sixth consecutive losing season. The team’s $45.5 million payroll is dead last in the MLB this season, about $2.4 million less than the Oakland A’s, another franchise exploring relocation. 

John Angelos, in his statement, referenced the Camden Yards Sports Complex legislation passed by the Maryland legislature and signed by Gov. Larry Hogan in April. The initiative commits $1.2 billion in public funding, split between the Orioles and the Ravens. 

“Maryland is committed to keeping our team in this great state, and I am equally committed to keeping the Orioles at the heart of our state,” John Angelos wrote. “As stewards of ‘The Ballpark That Forever Changed Baseball,’ we will continue to strengthen our community, generate another $10 billion in economic impact for the City of Baltimore and State of Maryland, and welcome another 70 million people to downtown Baltimore over the next 30 years and beyond. There is nothing uncertain about the future of the Baltimore Orioles.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

‘Massive Disruption’ for MLB, NHL Teams: Comcast, DSG Deal Expires

Bally Sports parent and the second-largest U.S. cable distributor fail to come to terms.

New Report Shows How Bookie Laundered Ohtani’s Stolen Cash

Ohtani’s stolen money wound up in a Las Vegas casino.

The A’s Still Have a $1.5B Question: Where’s the Money Coming From?

Team owner John Fisher reportedly looks to raise $500 million to help fund a new ballpark.

Nike’s Failed Attempt at ‘Innovating’ MLB Uniforms Leads to an About-Face

Nike is set to make a series of changes to the MLB uniforms after unrelenting criticism.
podcast thumbnail mobile
Front Office Sports Today

How Red Bull Laps the F1 Competition and Builds the Brand

0:00
0:00

Featured Today

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Iowa Athletes Sue State, Citing ‘Unconstitutional’ Tracking of Gambling

They claim investigators didn’t get warrants, misled about the purpose of questioning.
April 22, 2024

Chinese Government Says Swimming Doping Story Is ‘Fake News’

23 Chinese swimmers tested positive before the 2021 Olympics.
April 26, 2024

‘Jaw-Dropping’ Noncompete Ban Could Shake Up Pro Coaching, Experts Say

Many pro coaches are banned from interviewing for other jobs without team approval.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 18, 2024

DOJ to Pay $100 Million to Gymnasts Over FBI Failures

The reported settlement brings victim payouts to nearly $1 billion.
April 16, 2024

O.J. Simpson Lawyer Says He Won’t Shield Estate From Goldman, Brown Families

The executor of Simpson’s will had previously said the Goldmans would get ‘zero.’
April 12, 2024

A Decade-Long Timeline of the Shohei Ohtani–Ippei Mizuhara Saga

Ohtani’s former interpreter has been federally charged with bank fraud.
April 11, 2024

Shohei Ohtani’s Interpreter Stole $16 Million to Cover Gambling Losses, Feds Say

Authorities detailed how Ippei Mizuhara hid bank transfers from Ohtani.