277 replies to this topic

[BSLMikeLowe]

Sounds like it's just speculation at this point, but Rosenthal published an article in The Athletic saying a source thought the impetus for the sale is that John didn't get what he hoped for out of the new lease, and sounds like the family might need a short term infusion of cash....while also completing the bulk of the sale after Peter dies, thus taking less of a tax hit on most of the proceeds.

[Pedro Cerrano]

Imagine owning a Major League Baseball team and needing an infusion of cash LOL

[BSLMikeLowe]

Imagine owning a Major League Baseball team and needing an infusion of cash LOL

 

"Yep, I've heard of that somewhere before."

 

- Frank McCourt

[mdrunning]

I had heard that the new lease was contingent on new ownership.

From what I've read, the lease is written so if the Orioles are sold, the new ownership has to abide by the terms of the agreement. I'm sure the MSA very much wanted that language in the contract.

[Slidemaster]

I've been so decimated by the Ravens that I didn't see this until just now.

Holy F S.

I'VE BEEN WAITING MY WHOLE LIFE FOR THIS.

[BaltBird 24]

How does this combination compare to other teams in terms of spending power?

Steve Cohen (NYM) is worth $20 billion - for example.

Obviously team spending has more to do with want than how.

[ivanbalt]

Probably too late this season, but it will be nice if the new ownership attempts to compete.

[BobPhelan]

How does this combination compare to other teams in terms of spending power?

Steve Cohen (NYM) is worth $20 billion - for example.

Obviously team spending has more to do with want than how.

Rubenstein is worth $4 billion, the other guy close to $2 billion.

[BobPhelan]

I've been so decimated by the Ravens that I didn't see this until just now.

Holy F S.

I'VE BEEN WAITING MY WHOLE LIFE FOR THIS.

Turned out the movie was directed by M. Night Shyamalan.

[Slidemaster]

Turned out the movie was directed by M. Night Shyamalan.

Quite literally, this might be the only thing that can make me feel better. Baseball has always been my first love sports-wise, and I have literally been hoping for this since before I could drive. It is a great day.

[Nigel Tufnel]

Imagine owning a Major League Baseball team and needing an infusion of cash LOL

 

Happened to the last two O's owners.

[Nigel Tufnel]

Dan Snyder and the Anglos family in the same year!

[weird-O]

I'm tied down to my desk. Because, after seeing this news, I keep floating toward the ceiling 

[Slidemaster]

Years ago, when I think I was 19 or 20, I was so disgusted by ownership that I helped to organize a donation drive amongst the posters on the old Baltimore Sun board to put a billboard outside of Camden Yards asking ownership to sell. We actually got enough money from disenfranchised fans to do it. People were willing to send money to a complete stranger in a time that wasn't common to make their feelings known. It was pretty crazy.

When I say I have been waiting for this my entire life, I really mean it. I thought I'd never see the day.

[weird-O]

Years ago, when I think I was 19 or 20, I was so disgusted by ownership that I helped to organize a donation drive amongst the posters on the old Baltimore Sun board to put a billboard outside of Camden Yards asking ownership to sell. We actually got enough money from disenfranchised fans to do it. People were willing to send money to a complete stranger in a time that wasn't common to make their feelings known. It was pretty crazy.

When I say I have been waiting for this my entire life, I really mean it. I thought I'd never see the day.

I still think about that, from time to time. I remember how we labored over the correct phrasing to use. 

[RShack]

I guess John and fam need real money right now.  I hope MASN stays with the new owners!  

This made the Ravens loss forgotten, all is well!

 

Dunno if it's true but I just heard on TV that the brothers couldn't agree, each one dug in his heels, and this is the result. 

 

No mention of which brother wanted what... although I think I remember something about the younger brother suing John for being a crook... dunno if this might be related to that...

[Slidemaster]

I still think about that, from time to time. I remember how we labored over the correct phrasing to use.

I remember that. It was a big ordeal, but I was happy with the final result. It was cathartic in a way.

[Mike in STL]

How does this combination compare to other teams in terms of spending power?

Steve Cohen (NYM) is worth $20 billion - for example.

Obviously team spending has more to do with want than how.

Definitely has to do with "want". 

 

Some time ago I looked at market size and owner net worth. The Padres owner had the lowest net worth, under $1B, and market size was something like 28th out of 30. They had no problem opening the wallet. 

 

Anytime someone, especially the Angelos' bring up "small market", you might as well ignore the rest of what they have to say. For years the O's are receiving more from revenue sharing than they are actually spending on the roster. It shouldn't be allowed. 

[Mike in STL]

What can I say that hasn't been said already.

 

IT'S A NEW DAY, YES IT IS!

[fishteacher]

Years ago, when I think I was 19 or 20, I was so disgusted by ownership that I helped to organize a donation drive amongst the posters on the old Baltimore Sun board to put a billboard outside of Camden Yards asking ownership to sell. We actually got enough money from disenfranchised fans to do it. People were willing to send money to a complete stranger in a time that wasn't common to make their feelings known. It was pretty crazy.

When I say I have been waiting for this my entire life, I really mean it. I thought I'd never see the day.

You mean, you expected the crypt keeper and his two sons to outlive you?!