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Peter Angelos cedes Orioles majority ownership after complicated 31-year tenure

Thirty-one years ago, Peter G. Angelos was his hometown’s hero — a tavern owner’s son who came of age in working-class Highlandtown, built a legal empire and used his fortune to purchase the Orioles. By all accounts, Angelos cared less about the mechanics of baseball than he did about restoring local ownership for a cherished civic institution. He knew how deeply the Colts had wounded his city ...
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Source: yahoo.com

Governor and other state officials wish they'd known about the Orioles sale a while back, but they're not inclined to scotch the deal

News of the sale to billionaire Baltimore native David Rubenstein emerged Tuesday, less than two months after the state and the Orioles reached an agreement to keep the team in downtown Baltimore for at least 15 years. The deal marked the end of a fraught, drawn-out negotiation and came weeks before the team’s lease at the state-owned Oriole Park at Camden Yards was set to expire.
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Analysis: As Orioles' player spending plunged from pre-pandemic levels, team income and value soared – The Denver Post

As part of the rebuild, the Orioles focused on developing younger, inexpensive talent, shrinking its player payroll by shedding more expensive players that acted as a drag on its finances. According to Forbes, the Orioles went from spending more than $160 million a year on players in the 2016, 2017 and 2018 seasons to spending $66 million in 2021 and $83 million...
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Some Ravens tailgate fans grill Angelos, others are chill on possibility of Orioles taking over parking lots

George Christas pulls up to the parking lot, a short walk from M&T Bank Stadium, long before kickoff every time the team has a home game. On Sept. 10, the Ravens’ home opener, he was there by 8:30 a.m.— 4-1/ 2 hours before the match against the Houston Texans was scheduled to start. Last month, The Baltimore Sun reported that Orioles Chairman and CEO John Angelos had asked...
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