• Loading stock data...
Thursday, November 14, 2024
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

Are NBA, TNT Sports Negotiating Settlement of Lawsuit?

Sources said a settlement that precludes a lengthy trial makes sense for both sides.

MLB Withdraws Objection, Clearing DSG’s Path Out of Bankruptcy

The swift reversal will likely aid confirmation of the RSN operator’s reorganization plan.

DSG Introduces NBA, NHL Single-Game Streaming Despite Bankruptcy

The regional sports network operator introduces single-game view options for its NBA and NHL teams.

Tropicana Field Repairs Will Cost $55.7 Million and Take a Year

The MLB club will need an alternate home facility for all of the 2025 season.
podcast thumbnail mobile
Front Office Sports Today

Will Drew Brees Return to Broadcasting?

0:00

Featured Today

Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
Members of the NY Giants run onto the field to start the game between the New York Giants and the Washington Commanders at MetLife Stadium in East Rutherford on Sunday, Nov. 3, 2024.
November 8, 2024

The NFL Is Becoming the League With No Borders

Where will the NFL go next? International expansion will only get bigger.
November 5, 2024

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion
November 2, 2024

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.

Michael Jordan’s Team Loses Bid for Temporary Injunction Against NASCAR

The teams can still compete, but will miss out on certain guarantees.
October 25, 2024

Everything You Need to Know About the Kawhi Leonard Lawsuit

A longtime trainer of Leonard’s is suing the Clippers for wrongful termination.
Brett Favre and Donald Trump
November 7, 2024

What Donald Trump’s Win Means for Welfare Probe, Brett Favre

Favre spoke at Trump’s rally last week in Green Bay, Wis.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Oct 22, 2024; Los Angeles, California, USA; Los Angeles Lakers guard Bronny James (9) and forward LeBron James (23) warm up before a game against the Minnesota Timberwolves at Crypto.com Arena.
October 24, 2024

LeBron and Bronny James Target of Lawsuit Over 2022 Car Crash

They made history Tuesday as the NBA’s first father-son teammates.
Apr 3, 2022; Arlington, TX, USA; WWE owner Vince McMahon enters the arena during WrestleMania at AT&T Stadium.
October 23, 2024

Former WWE ‘Ring Boys’ Allege Vince McMahon ‘Allowed’ Sexual Abuse

The suit claims the WWE and the McMahons “failed these boys.”
Former UFC fighter Cung Le
October 23, 2024

Judge Allows Reworked $375 Million Settlement for UFC Fighters to Move Forward 

Hundreds of fighters could start to see six-figure payouts next year.
Feb 9, 2023; Phoenix, AZ, USA; A DraftKings countdown clock on radio row at the Super Bowl LVII media center at the Phoenix Convention Center.
October 22, 2024

DraftKings, Former Exec Talk Settlement in Marathon Legal Battle

The case revolves around the enforcement of a one-year non-compete agreement.