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Georgia Angelos

Angelos Family Members Drop Lawsuits Against One Another

By Steve Adams | February 6, 2023 at 1:12pm CDT

The ongoing litigation among the members of the Angelos family, who own the Orioles, have been dropped according to court documents first obtained by the Baltimore Sun’s Jeff Barker. The documents state Georgia Angelos and her sons, John and Louis, have agreed that “all claims, including all counterclaims and defenses, asserted therein be dismissed with prejudice.” The term “with prejudice,” from a legal vantage point, indicates that the charges within cannot be re-filed and that the case cannot be brought back to the courts at a future date. Specifics regarding the agreement to drop the suit were not provided.

Peter Angelos, now 93, headed up the ownership group and was the Orioles’ control person until 2018, when he began to cede more responsibility to his sons as his own health began to decline. Both John and Louis have held roles within the organization prior to that point and in the years since. John was formally approved by the league’s other owners as the Orioles’ new control person following the 2020 season.

The original lawsuit, filed by Louis, alleged that John had blocked his mother’s wishes to sell the team and that the two of them had taken control of the 93-year-old Peter Angelos’ assets — both the team and the family law firm — at Louis’ expense. The initial complaint from Louis alleged the following:

“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 career is headquartered) — without having to answer to anyone.”

Georgia had subsequently filed a countersuit against Louis, alleging that he’d fabricated his claims in his own attempt to seize control of the family’s assets. Georgia’s suit sought to remove Louis as a successor and hold him liable for breach of fiduciary duty as well as exploitation of his father.

Needless to say, it’s been a bitter and ugly saga — the entire truth of his which may never fully come to light. John has vehemently denied the allegations made against him and has declared dating back to last June that the Orioles will remain in Baltimore for the long-term.

That said, following the Orioles’ decision to decline a five-year extension of their lease at Camden Yards, there’s some understandable unease among fans. The team says it plans to continue negotiating toward an even longer-term agreement to remain in Baltimore and remain at Camden Yards, where the current lease is set to expire on Dec. 31. John Angelos and Maryland governor Wes Moore both spoke optimistically over the weekend about striking an arrangement that would keep the Orioles at Camden Yards.

The now-resolved legal turmoil among the members of the Angelos family was just one of multiple legal battles surrounding the club. The Orioles and Nationals have been tied up in litigation regarding television rights fees from the Mid-Atlantic Sports Network, which broadcasts both their games, for more than a decade now. The Angelos family owns the majority share of MASN — roughly 77% — while the Nationals hold a 23% stake. Back in 2019, an arbitrator ruled that the network owed $105MM in unpaid rights fees to the Nats, but the subsequent MASN appeal of that ruling has not yet been heard. There’s no clear timeline for when a resolution might be reached.

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Latest On Orioles’ Ownership Situation

By Anthony Franco | September 23, 2022 at 3:52pm CDT

An ongoing legal battle among the Angelos family, which owns the Orioles, has hung over for the franchise for a few months. Longtime owner Peter Angelos, 93, is in poor health, and the franchise’s long-term direction has been a point of contention. Angelos’ wife, Georgia, will inherit the team once Peter passes away, while their son John has served as the franchise’s official control person in recent years.

Louis Angelos, son of Peter and Georgia, recently initiated litigation against his mother and brother in an attempt to force a sale of the franchise. Louis alleges a sale is the desired outcome for both his parents and argues in his complaint that “John has been misleading his mother into believing that he has been working to achieve her goal of a sale of the Orioles.” John Angelos then released a statement reiterating his family’s ties to the franchise and firmly rejecting the possibility of the organization relocating from Baltimore. Georgia Angelos, meanwhile, has previously expressed her faith in John’s leadership and filed a countersuit against Louis Angelos last month.

Against that backdrop, Daniel Kaplan of the Athletic now writes the franchise hired financial firm Goldman Sachs a few months ago to look into the possibility of a sale. That isn’t a new development; Jeff Barker of the Baltimore Sun reported last month Georgia Angelos confirmed in court filings she “had retained Goldman Sachs and Jones Day to provide investment banking and legal services in connection with the sale of the Orioles.” Nevertheless, Kaplan hears that John and Georgia Angelos continue to explore their options for the franchise, even if there’s no guarantee they’ll eventually put the organization up for sale. Barker, meanwhile, wrote last month that John Angelos was interested in selling a minority share of the franchise while retaining the family’s overall control and keeping the team in Baltimore.

Both Barker and Kaplan suggest that any sale of the franchise, if it were to arise, could wait until after Peter Angelos passes away. While Georgia Angelos stands to inherit the franchise tax free upon her husband’s death, Louis Angelos’ court filings suggest a sale while Peter Angelos is still alive would have “a sizable tax hit.”

The nearby Nationals, with which the Orioles are still embroiled in a years-long suit over television rights fees, are currently going through a sales process themselves. The Lerner family announced in April they’d begun to explore a sale of the Washington franchise, and Kaplan hears from a source they’re seeking $2.5 billion in that deal. That same source suggests the Orioles could wait until after the Nationals’ sale is completed to begin any sales process of their own, given the likely market overlap. Angels owner Arte Moreno is also looking into a franchise sale, although that’s obviously in a much different geographical area.

There’ll certainly be more to come as the Angelos’ various litigations develop, likely over multiple months. The Orioles lease at Camden Yards runs through the end of next season. The team has the right to trigger a five-year option, extending the lease through the 2028 campaign, by February 1 of next year.

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Orioles Notes: Ownership, Elias, Rutschman, Offseason

By Darragh McDonald | September 10, 2022 at 9:22am CDT

Back in June, it was reported by Tim Prudente and Justin Fenton of The Baltimore Banner that the Angelos family was battling over the Orioles franchise. Peter Angelos, now 93, was the lead investor of a group that purchased the club in 1993 and has been at the helm since. However, he collapsed in October of 2017 due to the failure of his aortic valve and then established a trust with his wife and two sons as trustees.

The reporting in June provided details of a lawsuit coming from Louis Angelos, one of Peter’s two sons, alleging that John, the other son, had seized control of the team with the intention of selling and perhaps relocating the team to Tennessee. Shortly after those allegations came to light, John released a statement refuting them.

Prudente has released a new piece at the Baltimore Banner this week with further reporting on the matter, looking at court documents from the ongoing legal dispute. According to the attorneys of Georgia Angelos, the wife of Peter and mother of John and Louis, she wanted to create some space between the family and the team. Peter had a reputation as a very hands-on owner, which led to attention that the family wanted to move away from. “After years of bad press that Peter micromanaged baseball operations at the Orioles, Georgia wanted to create distance between her family and the ‘baseball side’ of the organization,” Georgia’s attorneys wrote in court documents. “John similarly abhorred any management structure other than an organizational pyramid with full delegation of authority to a staff of trained professionals and executives, headed by a General Manager responsible for all day-to-day decision making.”

Her attorneys go on to argue that general manager Mike Elias, hired in late 2018, was aggressively pursued by the Giants but instead agreed to come to Baltimore on the condition that he would report to John only because John would give Elias the freedom to handle the baseball decision without interference. “This understanding was crucial to Elias’s decision to come to the Orioles — a club long plagued by anti-organizational culture — so much so that John, with Georgia’s approval, codified these delegated rights in Elias’s employment contract,” Georgia’s attorneys wrote.

The documents go on to allege that Louis was not happy with this turn of events and demanded to be in charge of baseball operations, repeatedly contacting Elias about which baseball players the team might sign. The behaviour of Louis caused him to be excluded from a new board for the team that his mother created in August of 2020, which featured John as chairman and CEO.

The dismissal of Brady Anderson, who had been serving as vice president of baseball operations, also comes up in the court documents. Georgia’s attorneys alleged that Louis was friends with Anderson and unilaterally raised Anderson’s salary from $300K  to $900K in 2018. However, when Elias was brought in, he tried to steer the club to a greater analytical approach that didn’t align with Anderson’s style. Louis insisted on keeping Anderson around, with Elias agreeing to a compromise where Anderson was moved to a position as an outside consultant with lower pay. “While Anderson agreed, he felt slighted, a sentiment he could not hide and which eventually led to his termination,” Georgia’s attorneys write. Anderson departed the Orioles organization in 2019.

This is an ongoing legal matter where the allegations haven’t been substantiated in court and an attorney for Louis declined to provide comment for the report. Interested readers are encouraged to read both reports, though more information is likely to be revealed as the legal process plays out.

Regardless of how it came to be in the boardrooms of the front office, the Elias-led Orioles are a reality that is starting to show encouraging signs at the big league level for the first time. After losing at least 108 games in each of the past three full seasons, the O’s are much better here in 2022. Their 73-65 record is the best they’ve had in quite some time and has kept them in the playoff race down the stretch, just four games out of a Wild Card spot with just over three weeks remaining. That big step forward is at least partly due to the club’s 2019 draft, which was Baltimore’s first with Elias at the helm.

Elias recently spoke with Ken Rosenthal of The Athletic about that draft, which saw the club scoop up catcher Adley Rutschman, infielder Gunnar Henderson and outfielder Kyle Stowers, all three of whom are already in the majors. Despite the pressure of having the number one overall selection, it seems Elias and the club didn’t have much doubt about using that pick on Rutschman. “He provided for us the best combination of floor and ceiling,” Elias says. “We thought the leadership component would be a separator, which is looking like it could be the case. And I thought it was rare, a once-in-a-decade kind of thing to get an offensive catcher in a draft.”

Even before that draft selection, Rutschman was mentioned as one of the best prospects in the sport. Since then, he continued rocketing up prospect boards, being considered by many to be the top prospect this year. Since ascending to the big leagues, Rutschman has lived up to the hype in a big way. He’s hitting .255/.363/.449 for a wRC+ of 135, production that’s 35% better than the league average hitter but even further beyond the average catcher. He’s also been great on the other side of the ball, with his 16 Defensive Runs Saved second in the league among catchers despite missing the early part of the season, just barely behind Jose Trevino’s 17. Put together, he’s been worth 4.1 wins above replacement on the season, according to FanGraphs. Among all catchers, that trails only J.T. Realmuto and Sean Murphy, who have each played at least 28 more games than Rutschman.

Based on the strong season for the O’s, Elias said last month that the club expects to “significantly escalate the payroll” this winter. It’s hard to know exactly how the club will approach things, given that we don’t have precedent for how Elias will behave under these new conditions. With the team in rebuild mode for his entire tenure up until now, the front office has avoided significant commitments and hasn’t signed a free agent to a multi-year contract since the four-year deal Alex Cobb got in March of 2018, before Elias was hired. That means they have effectively no future commitments on the books and can theoretically go after any free agent they desire. It will be interesting to see how they play their cards, with Rosenthal reporting that their list of targets includes “a top-of-the-rotation starter,” in addition to a backup catcher and an infielder, with the specific position of the infielder depending upon where the multi-positional Henderson settles.

The club will be looking for “quality rather than quantity” on the pitching front, Rosenthal says, which makes sense given that the club already has some intriguing rotation candidates in the fold. Young pitchers like Tyler Wells, Dean Kremer, Austin Voth, Kyle Bradish and Spenser Watkins have all had some promising starts this year, to varying degrees. The club also has reinforcements coming over the horizon, with Grayson Rodriguez considered by many to be one of the top pitching prospects in the sport. John Means could also return to the mix at some point next year, after undergoing Tommy John surgery in April. Given that collection of internal candidates, it would make sense for the O’s to shoot for a single impact starter rather than spreading money around to a handful of less-impactful options. Rosenthal lists Chris Bassitt, Carlos Rodón, Nathan Eovaldi, Jameson Taillon, Corey Kluber and Michael Wacha as some of the available hurlers who would make for logical targets, as the O’s hope to turn the page from perennial basement dwellers to consistent contenders in the AL East.

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Angelos Family Reportedly Battling Over Control Of Orioles

By Darragh McDonald | June 13, 2022 at 7:20am CDT

June 13: John Angelos released a statement this morning that wholly rejects the notion of ever relocating the Orioles and pushes back against many of the allegations levied by his brother (Twitter link):

“…My mother was born and raised in northeast Baltimore, attended city public schools at Eastern High School, and has worked with my father their entire lives to help the city, including by restoring the club to local ownership and preventing its relocation. For them, as for me, the Orioles will forever play at Oriole Park, and at no time ever have we contemplated anything different.

Since I was appointed Chairman and CEO according to my parents’ expressed wishes, and voted as the control person for the team by the 30 Major League Clubs, I have taken significant steps to ensure that our beloved franchise’s future remains in Charm City. Just two months ago we celebrated the Maryland General Assembly passing a bill promising to put $1.2 billion into reinvesting and reimagining the Camden Yards Sports Complex, which includes Oriole Park, ensuring the team will continue to play right here in downtown Baltimore for generations to come. 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. …

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.”

June 12: The hands at the levers of the Baltimore Orioles are fighting each other, according to a report from Tim Prudente and Justin Fenton of The Baltimore Banner. The piece provides details of a lawsuit wherein Louis Angelos is suing his brother John Angelos. Both men are the sons of 92-year-old Peter Angelos, who was the principal investor of a group that purchased the franchise in 1993. The lawsuit from Louis alleges that Peter intended for his two sons and Georgia, wife of Peter and mother of John and Louis, to share control of the team, but that John has since taken steps to seize control of the club against his father’s wishes.

According to the lawsuit, Peter collapsed in 2017 due to the failure of his aortic valve. It seems that, in the subsequent years, plans for succession were developed, with Peter establishing a trust with his wife and two sons as co-trustees to manage the family’s assets. Lou Angelos alleges that John has since tried to take over the reins against his brother’s wishes. “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 career is headquartered) — without having to answer to anyone,” the complaint states.

Among Lou Angelos’ allegations is that Georgia’s priority is to sell the team, with an advisor trying to put together a sale in 2020. According to the suit, John stepped in and nixed this deal. Lou also accuses John of firing, or demanding that others fire, key front office employees, including Brady Anderson. After his playing days, Anderson served in the Baltimore front office, eventually working his way up to vice president of baseball operations. However, he departed the organization in 2019.

By November 2020, Major League Baseball’s other owners had approved John Angelos to take over as the O’s “control person,” in light of Peter’s declining health. As noted at the end of the piece, this franchise is worth an estimated $1.375 billion, according to Forbes. Prudente and Fenton also point out that, earlier this year, the Maryland State legislature passed an initiative committing $1.2 billion for upgrades to Oriole Park as well as the Ravens’ M&T Bank Stadium, hoping to prevent both franchises from leaving the state. The club’s lease at Camden Yards runs through 2023, and the team has an option to extend the lease by an additional five seasons next February.

Of course, none of Lou Angelos’ allegations have been substantiated in court. It’s possible the litigation winds up being settled or dismissed before ever getting in front of a jury. Nevertheless, it is still noteworthy that one of baseball’s 30 franchises seems to be mired in turmoil at the top level, and there figures to be plenty to follow over the coming months.

The Orioles have not commented on the matter. The piece contains many details not covered here, and interested readers are encouraged to give it a thorough read in order to get the full story.

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