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Peter Angelos is probably going to live forever — such is the way of trial lawyers, bad baseball owners and the very, very rich — so really, the only hope that Orioles fans have for that franchise to turn around one day is if Angelos decides to sell.
But don’t get too excited. The rumor also holds that Angelos wants to retain his interest in MASN and the TV rights to the Orioles, selling just the team.
Which makes zero sense as TV rights are a tremendous source of income for an owner. Who would want that kind of a deal? It’d be like buying a movie theater but not taking over the concession stand. Like buying a video store and not taking over the adult section.* There’s just no economic coherence to it.
But at least this rumor gives Orioles fans a chance to at least pretend that Angelos may be gone soon. And that’s not nothing.
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The big rumor swirling around Baltimore is that Peter Angelos is quietly shopping the Orioles. Eric Bickel of 106.7 The Fan in D.C. disclosed the news Tuesday morning on The Sports Junkies.
“It’s my understanding that the Baltimore Orioles are quietly for sale,” Bickel told listeners. ”Peter Angelos is actively selling the team at least privately to some people around him.”
“It’s my understanding that the Baltimore Orioles are quietly for sale,” Bickel told listeners. ”Peter Angelos is actively selling the team at least privately to some people around him.”
But don’t get too excited. The rumor also holds that Angelos wants to retain his interest in MASN and the TV rights to the Orioles, selling just the team.
Which makes zero sense as TV rights are a tremendous source of income for an owner. Who would want that kind of a deal? It’d be like buying a movie theater but not taking over the concession stand. Like buying a video store and not taking over the adult section.* There’s just no economic coherence to it.
But at least this rumor gives Orioles fans a chance to at least pretend that Angelos may be gone soon. And that’s not nothing.
So he wants to walk away from the not profitable part of his business. Nice.
