Peter Angelos

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.

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.

Latest On Orioles’ GM Search

By TC Zencka and Jeff Todd | November 10, 2018 at 11:18am CDT

It’s a time of change for the Orioles. Most notably, John and Lou Angelos have taken over regular operations from their father, Peter Angelos. The club has been without a manager since dismissing Buck Showalter, though that post figures to remain open for the time being. That’s because there’s an even more important hire in the works for the Angelos brothers, who are working to identify the person who’ll head up their baseball operations department.

In the interim, there is a small group of executives left over from Dan Duquette’s regime who are currently responsible for overseeing the roster moves in Baltimore this offseason. Brian Graham, the director of player development, is said to be handling the day-to-day operations as the interim GM. VP of baseball ops Brady Anderson and amateur scouting director Gary Rajsich are also present to weigh in on the offseason’s earliest action.

To this point, the Baltimore organization hasn’t settled on a job title for whomever becomes the organization’s top baseball decisionmaker. In and of itself this doesn’t mean much, but as the Athletic’s Dan Connolly pointed out in early October, there is a perplexing lack of clarity regarding division of labor moving forward. Brady Anderson, for one, has had significant negotiating responsibilities in the past, so his continued involvement is certainly notable, despite ownership’s claim that the new hire will have “final determination on all baseball matters”.

Here are the latest on the Orioles search:

Latest Updates – 11/10/18

UPDATE: The Athletic’s Ken Rosenthal now tweets that Tigers AGM David Chadd is no longer under consideration for the position in Baltimore. This coming on the heels of Chadd supposedly being a finalist for the position as of two days ago. USA Today’s Bob Nightengale had named Chadd as a finalist for the top spot in Baltimore (via Twitter), but that appears to no longer be the case.
The Orioles are keeping most of the details regarding their GM search close to the vest, but Roch Kubatko of MASNsports.com reminds us (via Twitter) that their first priority is identifying the executive to head their baseball ops – that hire will have the prerogative to name their top assistant. The original plan was for the top hire to be given the title of President, but the exact nomenclature (more than the responsibilities) remains TBD. Presumably, this will depend upon who they bring aboard and what kind of title bump that individual requires.
Regardless, there will be two eventual new hires to head up the O’s front office, and some names are starting to emerge. The oft-mentioned AGM of the Houston Astros Mike Elias remains in consideration, per the Athletic’s Dan Connolly, but two new names have entered the field as well: Phillies assistant GM Ned Rice and MLB Diversity Pipeline Director Tyrone Brooks. Before moving to the Phils front office in 2016, Ned Rice was an official with the Orioles for 11 years. Tyrone Brooks, for his part, took on the responsibility of driving diversity hires throughout MLB’s administrative levels in 2016 after Commissioner Rob Manfred created the role. He does has front office experience as well: he was a scout in the Indians organization before serving as an assistant GM with the Pittsburgh Pirates from 2009-2016.
Also of note, vice president Brady Anderson did not represent the Orioles at last week’s GM meetings, despite his home being only an hour away. Connolly wonders if this might have been a signal from ownership that the runway is, in fact, clear for the next hire to run things without demonstrative input from incumbent front office holdovers like Anderson.

Click to review the potential names under consideration and prior updates to the process:

Previous Updates – 11/6/18

Astros assistant GM Mike Elias is seen as a top potential candidate to run things in Baltimore, per MLB.com’s Mark Feinsand (via Twitter). He was boosted to an AGM role under Jeff Luhnow after David Stearns left Houston to run the Brewers’ baseball ops department. Elias is said to focus on player intake, including the draft and international amateur market.
Several other executives have emerged as possible candidates, per Joel Sherman of the New York Post (via Twitter). Phillies assistant GM Ned Rice, whose roots are in the Orioles organization, has taken an interview. Likewise, John Angelos (who’s said to be running the process) has chatted with Tigers AGM David Chadd.
There’s still no indication, however, that the process will move particularly quickly. Sherman tweets, in fact, that the O’s may not settle on a choice for several more weeks, explaining that ownership is “valuing thoroughness rather than overemphasizing this offseason’s work.” We heard recently that the club is also using the interview process to study other organizations, per Jon Meoli of the Baltimore Sun.
While thorough deliberation seems a sensible approach on the whole, it’ll likely mean missing on some opportunities in the meantime. (Though indications are that the Orioles are open for business. According to Roch Kubatko of MASNsports.com, all players are open for discussion in trade talks.) Beyond the potential impact on the team’s roster decisions, the internal uncertainty will impact personnel. Indeed, the organization just lost its top analytics employee, Sarah Gelles, per Rich Dubroff of BaltimoreBaseball.com (via Twitter). Her departure for the stats-savvy ’Stros will surely represent a big loss for the O’s fledgling statistical department. Previously, the Orioles moved on from several other key members of their organization: Triple-A manager Ron Johnson, director of Dominican baseball operations Nelson Norman, East Coast scouting supervisor Kirk Fredriksson, special assistant Matt Haas, area scout Dana Duquette, as well as senior advisor Joe McIlvaine and special assignment scout Wayne Britton.

Under Consideration

Jon Meoli of the Baltimore Sun lists several names potentially under consideration, though he notes their current status is not quite clear. Blue Jays baseball ops VP Ben Cherington, former Dodgers general manager Ned Colletti, assistant general manager for the Oakland A’s Dan Kantrovitz, and Houston Astros assistant general manager Mike Elias have at least drawn some consideration.
Two of those men have experience at the helm of other organizations. Cherington, the former Red Sox GM, has previously expressed interest in building an organization from scratch, and the Orioles would certainly check that box. Colletti, meanwhile, has been in “consistent contact” with Orioles ownership. Way back on October 5th it was reported that Colletti had met with Orioles president John Angelos during the summer – but that meeting was before Duquette had been let go, and it remains unclear if Colletti’s discussions with ownership are at all related to a possible candidacy.

Other Potential Candidates

At present, per Meoli, the Orioles do not plan to sit down with MLB executive Kim Ng. It’s still possible she’ll be brought into the search, however. Meoli also notes it’s possible the O’s will now look to speak with some of the executives who had been tied up in the World Series, though it’s not yet evident whether that’ll be the case.

Latest On The Orioles’ Ownership/Front Office Dynamic

By Mark Polishuk | April 14, 2018 at 12:35pm CDT

“Virtually every level of the [Orioles] organization is in flux,” The Athletic’s Ken Rosenthal writes in his latest subscription-only piece, as he describes how John and Lou Angelos (the sons of owner Peter Angelos) are taking an increasingly larger role in the team’s regular operations. The elder Angelos “is less involved than at any point in his” 25 years of owning the team, Rosenthal notes, and it could mark significant changes in how the O’s do business in the coming seasons. Most directly, the changes could impact executive VP of baseball operations Dan Duquette and manager Buck Showalter, both of whom are in the final years of their contracts.

Despite the Orioles’ success in Duquette’s tenure, there has long been speculation surrounding his future in Baltimore, particularly after the Blue Jays made a strong push to lure Duquette away in the 2014-15 offseason. Duquette “is frustrated by his loss of power,” Rosenthal writes, as Lou Angelos, Showalter, and VP of baseball ops Brady Anderson also have significant voices within the team’s front office. Anderson, in fact, “was the point man” in Baltimore’s signings of Alex Cobb, Andrew Cashner, and Chris Tillman this offseason.

It isn’t clear what direction the Orioles will take if Duquette did leave after the season. Anderson may prefer to remain in his somewhat undefined role (which hasn’t always pleased some past players and coaches) rather than become an official general manager, while it’s also possible Showalter could move into a front office role rather than continue in the dugout. Sources within the organization aren’t sure if Showalter would prefer to keep managing or shift to a baseball operations position, though he could conceivably do both in some capacity — a GM would be hired to handle day-to-day business while Showalter acted as the de facto front office head while still managing the team.

Of course, much could also depend on the direction of the Orioles’ season, as the team could look to trade one or more of its prominent free agents (i.e. Manny Machado, Adam Jones, Zach Britton, Brad Brach) if it falls out of contention. A total rebuild seems unlikely, as Cobb just signed for four seasons and the O’s would still have a core group that includes Jonathan Schoop, Dylan Bundy, Kevin Gausman, Trey Mancini, and older veterans like Chris Davis.

Though John and Lou Angelos have been involved in a wide variety of the Orioles’ operations, “concerns exist in the industry about their ability to run a franchise” since Peter Angelos carried such a dominant role in the team’s business, Rosenthal writes. There are some indications, however, that the Angelos brothers’ influence is helping the franchise act in a more efficient way. For instance, since the owner’s approval is no longer constantly required, some of the decision-making process has gone from “painstakingly slow” to “more streamlined.” Some in the front office feel that the new direction will lead to the Orioles spending more on young talent pipelines such as the international signing process, which the O’s have (somewhat notoriously) almost entirely avoided in recent years — sources tell Rosenthal that “Peter Angelos never found anyone he trusted to run the international department.”

More Reactions To And Effects Of The Chris Davis Deal

By Brad Johnson | January 16, 2016 at 9:47pm CDT

Earlier today, we collected a series of reactions to the Orioles’ big re-signing of Chris Davis to a franchise record seven-year, $161MM contract. Here are a few more takes that have piled up throughout the day.

The re-signing of Davis is a huge boost to the O’s lineup, writes Richard Justice of MLB.com. It’s about more than his ability to bash 40 to 50 home runs. Davis is among the leaders in hard hit rate as measured by FanGraphs. That was also true in his highly effective 2013 campaign. Hard hit rate not only improves a hitter’s chance to hit a home run, it also help other balls in play to fall. Justice would like the club to find another bat – perhaps Yoenis Cespedes – to support the middle of the lineup. The Orioles were also tied to the Rockies glut of left-handed outfielders. Either Charlie Blackmon or Corey Dickerson would represent a monetarily affordable alternative to add lineup depth.
Re-signing Davis was about continuity too, writes Eduardo A Encina of the Baltimore Sun. The O’s have built a good clubhouse culture under manager Buck Showalter. He said, “I think the other thing that [this signing] represents is the continuity we’ve established with our coaching staff and players.” The front office did grow frustrated in their negotiations and nearly walked away as recently as last Thursday. Angelos made one final offer on Friday night, and talks quickly gained momentum. Encina goes on to say Baltimore’s pursuit of Cespedes is over now unless he’s willing to take a two-year deal.
Give owner Peter Angelos credit, writes Peter Schmuck of the Baltimore Sun. As has long been reported, he was the driving force in keeping negotiations with Davis alive. While the lineup looks better with Davis, the club still has work to do before finalizing the roster. In particular, Dan Duquette may need to chase pitching on the trade market. Few teams are marketing starters at the moment, with the Rays as the most vocal sellers.
Jeff Sullivan of FanGraphs wonders if Angelos was willing to accept a higher team budget if Davis re-signed. We often assume teams have relatively fixed budgets, but the reality of the matter is that they can be player dependent. In Angelos’ mind, a team with Davis on the roster might be worth a larger investment than a team with another slugger. It’s tempting to say that the Orioles could have signed X, Y, and Z with that $161MM, but maybe the alternative only involved $90MM to spend.

Heyman’s Latest: Davis, Zobrist, Zunino

By Brad Johnson | November 1, 2015 at 7:10pm CDT

Jon Heyman of CBS Sports takes a look at Pete Rose’s chances for reinstatement in his latest Inside Baseball column. The short version: he has no chance. Heyman has a lot to say on the topic, but it all boils down to a conservative mindset among baseball’s decision makers. While Rose, 74, is relatively harmless, the commissioner’s office won’t take the tiny risk associated with reinstatement. Commissioner Rob Manfred granted Rose a hearing in September and is expected to issue a ruling before the end of the year.

Here’s more from the column:

Orioles owner Peter Angelos is making a push to re-sign first baseman Chris Davis. The slugger is entering his age 30 season after posting 13 WAR and 126 home runs over the last three seasons. Davis hit .262/.361/.562 last year with 47 home runs. However, he’s sandwiched two superstar campaigns around a replacement level 2014, making him a high risk, high reward target in free agency. Heyman does not expect Davis to sign before talking with other clubs.
The Royals are unlikely to re-sign Ben Zobrist. The club acquired him to fill in for the injured Alex Gordon, then used him to replace injured Omar Infante. The club’s former second baseman will be back and presumably healthy next season. Zobrist’s defensive profile at second base also leaves something to be desired.
Marlins manager Don Mattingly hopes to bring pitching coach Rick Honeycutt and coach Tim Wallach with him from the Dodgers. However, L.A. hopes to keep both coaches. Honeycutt is a long standing member of the Dodgers’ coaching staff, but Wallach may search for a new job if he’s passed over for the open manager job.
Scouts are worried that Mike Zunino may have to overcome a psychological hurdle. He was widely viewed as unready for a promotion to the majors in 2013, and the Mariners have allowed him to scuffle through the last three campaigns. His biggest issue is a 32 percent strikeout rate which has led to a .193/.252/.353 triple-slash.

Cafardo On Duquette, Showalter, Hunter, Howard

By Zachary Links | September 20, 2015 at 10:23am CDT

In today’s column, Nick Cafardo of the Boston Globe caught up with ex-Red Sox GM Ben Cherington. Cherington reflected on some of the decisions he regrets but he also recognizes that he left Boston with a solid core of young talent to build upon going forward. Many of those young players remain in Boston because Cherington resisted the urge to put together a package for Cole Hamels.

“We had a lot of conversations with [the Phillies]. I just didn’t want to give up our core and we couldn’t find another way to get it done,” Cherington said of the ace, who ultimately went to the Rangers.

Here’s more from today’s column..

There’s tension over Orioles owner Peter Angelos not allowing GM Dan Duquette to pursue a higher-profile and higher-paying job with the Blue Jays, major league sources tell Cafardo. Sources also tell The Boston Globe scribe that Angelos has not compensated Duquette for the lost opportunity. All in all, it’s a slight that baseball execs Duquette to be “bush league,” Cafardo writes.
There’s also been talk of friction between Duquette and manager Buck Showalter, Cafardo writes, although both men are signed through 2018. Meanwhile, there’s fear that the Orioles will not spend the money necessary to retain free agents like Chris Davis, Matt Wieters, and Wei-Yin Chen.
The Twins want Torii Hunter back for at least one more season, according to a team official who spoke with Cafardo. For his part, the veteran says that he’s going year to year. In 516 plate appearances this season, Hunter has posted a batting line of .245/.298/.414 which isn’t really in line with his career offering of .277/.332/.462. However, he has played well in right field and the Twins like his veteran leadership.
The Phillies had a scout watching the Orioles last week in the event that the O’s lose Davis in free agency and gain interest in Ryan Howard. Howard is not be expected to replicate Davis’ production, of course, but Cafardo notes that he still has power and would be better suited as a DH.
There’s “continued interest” in Red Sox utilityman Brock Holt, Cafardo writes. Holt’s opportunities in the Red Sox’s outfield may be limited and new team president Dave Dombrowski should get a fair amount of offers this winter for him.

AL East Notes: Bowden, Angelos, Jones

By Ben Nicholson-Smith | February 15, 2012 at 6:15pm CDT

Four of the five AL East teams — the Yankees, Red Sox, Blue Jays and Orioles — appear to have some interest in Cuban outfield prospect Jorge Soler. Here are the latest links from the division…

Rob Bradford of WEEI.com explains that the future of out-of-options right-hander Michael Bowden may be closely linked to his Spring Training performance. For MLBTR's complete list of out of options players on the Red Sox and around the league click here.
An Orioles official tells Childs Walker of the Baltimore Sun that there's "absolutely no truth" to rumors owner Peter Angelos is considering selling the team.
The Orioles would have to offer Adam Jones an extension of at least five years for him to sign long-term, Ken Rosenthal of FOX Sports reports. Rosenthal explores the timeline for a possible Jones trade, pointing out that the Braves were among the teams that inquired on the center fielder this offseason. Jones avoided arbitration with the Orioles last night, agreeing to a $6.15MM contract for 2012. He’s under team control through 2013.

Angelos Gives MacPhail Permission To Move Roberts

By Cork Gaines | March 1, 2008 at 1:53pm CDT

This morning it was reported that the Cubs had two scouts at the Orioles’ spring game yesterday to watch Brian Roberts.

Now, several people have written in to let us now that Bruce Levine of ESPN 1000 is reporting that Peter Angelos has given Andy MacPhail the green light to trade Roberts. It has long been rumored that Angelos might have been holding up the trade to the Cubs because of his personal affection for Roberts. With Angelos’ blessing, this deal may finally happen in the next few days.

Of course, if this deal doesn’t get done soon, Tim is going to have to change the name of this site to BrianRobertsTradeRumors.com.

By Cork Gaines

Angelos To Nix Roberts Trade?

By Tim Dierkes | February 11, 2008 at 5:36pm CDT

Some owners make headlines by talking to the press or releasing statements. This is best exemplified in New York, where the Steinbrenners aren’t strangers to reporters. Some owners, though, like to make headlines in other ways. Take Peter Angelos for example. People know him not because he speaks to the press, but rather because he’s always about to kill a certain move — a free agent signing or a trade. Yes, despite dealing Erik Bedard and Miguel Tejada this off-season, Angelos still isn’t keen on dishing Brian Robers.

Jon Heyman is hearing that the haul for Roberts might not be enough for Angelos’s liking. The reported package includes pitcher Sean Gallagher, outfielder Matt Murton, and infielder Ronny Cedeno. This isn’t the first deal for Roberts that Angelos has reportedly killed.

Heyman has an interesting bit on Angelos:

There is also a sense that Angelos has an unreasonable attachment to Roberts, who may well remind the owner of himself: a little guy who’s scrapped his way to the top of his profession (no, not baseball; Angelos is at the top of the legal profession, at least in terms of dollars earned).

Of course, there is no way to verify that this is the case. But if Angelos is holding back a possible Roberts deal, he might be doing a disservice to his team. They stand to benefit more in the future from the young talent they’d receive than they would from Roberts, who is 30 this year.

– Joe

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