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Angelos family agrees to sell Orioles for $1.725B - Vimarsana News

Angelos family agrees to sell Orioles for $1.725B

The Angelos family on Monday formally announced their intent to sell the Baltimore Orioles to a group of private equity billionaires led by David Rubenstein and others, including Hall of Famer and lif

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

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 ...

Source: yahoo.com
Yankees news: Former outfielder returns to Yanks - Vimarsana News

Yankees news: Former outfielder returns to Yanks

Greg Allen returns; Hicks officially to the Angels; Burnes a midseason target; Angelos selling the Orioles

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 - Vimarsana News

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.

Orioles Due $600M in Bonds for Camden Yards Upgrades Following New Lease - Vimarsana News

Orioles Due $600M in Bonds for Camden Yards Upgrades Following New Lease

The Baltimore Orioles are staying in Oriole Park at Camden Yards.