April 01, 2008
Warehouse Sale?
Inside Charm City hears the Orioles might be sold after this season:
We are hearing that a group of backers including politicians, investors and other businessmen may be pushing for an arrangement unique for Major League Baseball if the team is indeed sold. That arrangement currently does exist in the National Football League. Some sort of community-based group ownership like the arrangement the Green Bay Packers have is something that many in the area believe could help turn the team's flagging attendance around and help improve the product on the field as well. We wouldn't be surprised to hear that Nestor Aparicio of WNST is involved behind the scenes in such a move. There will likely be all sorts of other potential buyers coming out between now and the end of the long dismal season.
Angelos would be selling a a relatively low point. Given the success of the team through the 1990s, there's a huge upside for whoever purchases the franchise.
Posted by David Pinto at
08:21 AM
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It would probably be a fascinating book, how Angelos took a once powerful franchise and basically eviscerated it.
I doubt that MLB would approve such a community ownership scenario. MLB did not approve Miles Prentice's attempt to buy the Royals, and one reason given was that there were too many small invetors. (The realreason was another steered sale to the owner MLB desired - Dave Glass).
MLB's idea of community is whether the politicians are with them - not the residents of the town or fans of the team.
As for the Angelos family, it would ba great book. I heard that the Angeos children took the Cleveland wives' seats during the playoffs one year and scalped them - and put the wives in the upper deck.
I think the article is an April Fool's joke. How cruel.
MH, could anyone be that cruel to long suffering Orioles' fans. (And I'm a Yankees fan.)
