• Loading stock data...
Thursday, October 9, 2025
One week till Asset Class! Request to Attend
Law

Orioles’ Finances Could Become Public As Legal Feud Continues

  • Louis Angelos is seeking financial documents related to the Baltimore Orioles.
  • His mother and brother asked a court to restrict the release.
Baltimore-Orioles
Mark J. Rebilas-USA TODAY Sports

The finances of the family that owns the Baltimore Orioles could become public as its internal drama is deliberated in court.

Georgia and John Angelos, the wife and elder son of the ailing Peter Angelos, have asked a court to limit the financial information revealed by lawyers about the Orioles and Peter’s law firm. John is the Orioles’ chairman and CEO.

  • The two are being sued by John’s younger brother, Louis Angelos, who has alleged that John sought to take control over the Orioles and other family assets.
  • Louis subpoenaed documents from Goldman Sachs and Wells Fargo, including ones related to a potential sale of the family’s stake in the team. 
  • He has also sought communications with Major League Baseball commissioner Rob Manfred and other league officials. 

Georgia retained Goldman Sachs and Jones Day to provide services related to a potential sale of the team. She has argued that Peter wanted her to have control over whether the team is sold.

The Washington Nationals, which have a profit-sharing arrangement with the Orioles for their shared regional sports network MASN, are also for sale. Forbes valued the Nationals at $2 billion and the Orioles at $1.38 billion in March.

Firm Freeze

Peter Angelos Law, which is best known for asbestos litigation, is also in the middle of the family tug of war. 

An attorney for Louis Angelos said that the firm could have its assets frozen imminently due to the family’s legal struggle, which would prevent it from operating.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The Yankees’ $319M Roster Flopped. Now Comes the Hard Part: 2026

The MLB club’s current contracts limit its flexibility somewhat for next year.
exclusive

Bud Selig: ‘Remarkable’ Brewers Run Can’t Mask MLB’s Money Divide

The former commissioner lauds his hometown team while raising economic concerns.

MLB’s Rare October Day: Four Playoff Games, Four Possible Clinchers

Four separate clinching opportunities are available during the day.
Mar 19, 2023; Miami, Florida, USA; USA shortstop Trea Turner (8) throws to first base for an out during the first inning at LoanDepot Park.

Fox Picks Up Media Rights to 2026 World Baseball Classic

The network will repeat its role in the international baseball tournament.

Featured Today

Paul Cartier

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Nov 17, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers fans wave Terrible Towels against the Baltimore Ravens during the fourth quarter at Acrisure Stadium
September 26, 2025

Steelers’ Irish Roots Are Deeper Than NFL Dublin Game

The Steelers have history and the foundation for a future in Ireland.
Hymie Elhai

Jets Say Execs Tried to Sink Team President in Bumbling Conspiracy

The team says thousands of deleted text messages show the plot.
Dec 2, 2022; Las Vegas, NV, USA; Southern California Trojans former quarterbacks Mark Sanchez (left) and Matt Leinart watch from the sidelines during the Pac-12 Championship game against the Utah Utes at Allegiant Stadium.
October 6, 2025

Mark Sanchez, Fox Sports Sued Over Alley Fight That Turned Bloody

The high-profile incident took place Saturday night in Indianapolis.
Brian Flores
October 7, 2025

Court Again Rejects NFL Request to Send Flores Case to Arbitration

The NFL has tried to keep the case out of open court.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
Jon Gruden
October 3, 2025

Jon Gruden’s Case Against NFL Gets Closer to Open Court

The Nevada Supreme Court ruled unanimously against the NFL’s appeal. 
Apr 16, 2025; Washington, DC, USA; FIFA Chief Football Officer Jill Ellis speaks during a FIFA Club World Cup press conference at Audi Field.
October 1, 2025

San Diego Wave Owners Sue Jill Ellis for Abandoning Team After Sale

Ellis allegedly broke a pledge by leaving for FIFA after the sale.
Brian Flores
September 30, 2025

Brian Flores Asks Court to Halt NFL Arbitration

The war between Flores’s lawyers and an NFL arbitrator has heated up.
Oct 27, 2024; Houston, Texas, USA; Houston Texans co-founder and former owner Janice McNair (left) sits with Texans chief executive officer Cal McNair and wife Hannah McNair in front of family members of Texans former player Andre Johnson (not pictured) during a ceremony at halftime of the game against the Indianapolis Colts at NRG Stadium.
September 29, 2025

NFL Sued for $100M Over Efforts to ‘Silence’ Brother of Texans Owner

Robert Cary McNair Jr. says the NFL helped remove him from roles.