Close Menu
All Sport NewsAll Sport News
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    All Sport NewsAll Sport News
    Subscribe
    • Arsenal
    • Liverpool
    • Man City
    • Man United’
    • Tottenham
    All Sport NewsAll Sport News
    Facebook X (Twitter) Instagram
    MLB

    Sad news for Baltimore Orioles: he want leave

    adminBy adminApril 14, 2024No Comments2 Mins Read

    Longtime Baltimore Orioles owner Peter Angelos dies at 94

    Peter Angelos died at the age of 94 on Saturday, three decades after he purchased the Baltimore Orioles and just days before his family’s sale of the franchise he bought for $173 million was expected to be finalized.

    Angelos, who made his fortune as a Baltimore attorney specializing in employee liability cases, was in failing health the last several years and in 2018 ceded control of the club to his son, John. After years in which his children, John and Louis, and wife Georgia were embroiled in court battles over the future course of the club, the family agreed in January to sell the club to Baltimore native David Rubenstein, at a reported price of $1.725 billion.

    A week of MLB deadlines in looms for Orioles and others - Camden Chat

    Major League Baseball commissioner Rob Manfred indicated in February that the league and its 29 other owners would fast-track approval of the sale, in which Rubenstein was expected to purchase a controlling 40% stake of the club and pay the rest upon Angelos’s death.

    That plan was designed to avoid capital gains taxes on the significant profit the family enjoyed off the franchise, but Peter Angelos’s death would figure to accelerate the timeline for Rubenstein to take full control of the franchise.

    “Today, Peter G. Angelos passed away quietly at the age of 94,” the Orioles said in a statement. “Mr. Angelos had been ill for several years, and the family thanks the doctors, nurses, and caregivers who brought comfort to him in his final years.

    All things Orioles: Latest Baltimore Orioles news, schedule, roster, stats, injury updates and more.

    “It was Mr. Angelos’ wish to have a private burial, and the family asks for understanding as they honor that request. Donations may be sent to charity in lieu of flowers.”

    Baltimore Orioles news David Rubenstein Peter Angelos
    admin
    • Website

    Related Posts

    Good news: toronto blue jays manager announce the arrival of superstar player in the team

    June 19, 2024

    good news for Tasmania JackJumpers: Tasmania JackJumpers to Represent Oceania in

    June 16, 2024

    Just in: Two key players has just decided to join Detroit tigers

    April 17, 2024
    Leave A Reply Cancel Reply

    Don’t Miss!!!
    • RZADKI HUMANITARNY GEST POZA BOISKIEM: „Biała Gwiazda zachwycona decyzją, która wstrząsnęła piłkarskim światem – Wisła Kraków po raz kolejny udowadnia, że futbol jest filarem jednoczącym ludzi”. Drużyna Wisły Kraków przekazuje całe tygodniowe wynagrodzenia wraz z premiami – około 2 miliony euro – na wsparcie………. September 20, 2025
    • 🚨 Pilne: Marko Božić dołącza do Wisły Kraków! Marko Božić, 27-letni ofensywny pomocnik i skrzydłowy, został najnowszym wzmocnieniem Wisły Kraków i od teraz będzie nosił Białą Gwiazdę na piersi. Austriak dołącza do Wisły na zasadzie transferu definitywnego, podpisując kontrakt obowiązujący do 30 czerwca 2027 roku………… September 20, 2025
    • „Szokujące odejście: Adrian Filipek kończy swój rozdział w Wiśle Kraków September 20, 2025
    • 🚨🟢 OFICJALNA AKTUALIZACJA: Prezes Legii Warszawa, Dariusz Mioduski, podjął zaskakującą decyzję w sprawie przyszłości 32-letniego, doświadczonego napastnika Jeana-Pierre’a Nsame, po otrzymaniu kuszącej propozycji od czołowego klubu Serie A… Czytaj całość ⤵️⤵️ September 20, 2025
    New Comments
      Facebook X (Twitter) Instagram Pinterest
      • Home
      • About Us
      • Contact Us
      • Privacy Policy
      © 2025 SphereSPORTS Blog. Managed by Moderators.

      Type above and press Enter to search. Press Esc to cancel.