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Must-click link: Peter Angelos: the most generous owner in baseball

Oct 4, 2010, 3:00 PM EDT

OK, that’s hyperbole, but how many baseball owners gave their teams $100 million out of their own pocket to cover operating losses? And how many wrote a check for $300,000 to keep the municipal pools open in a budget crunch while asking for no credit or acknowledgment?  According to this in-depth profile of Orioles’ owner Peter Angelos by the Baltimore Sun, Angelos did.  He has also stayed relatively hands-off when it comes to baseball decisions since he hired Andy MacPhail.

Of course, that comes after 15 years of micromanaging that seriously hamstrung the franchise, and all of that is there too, so it’s no whitewash.  What it is: one of the more comprehensive takes on Angelos we’ve seen for a while, and one that makes the storyline of “cheap plaintiff’s lawyer buys proud organization, runs it into the ground” simplistic, even if there’s a lot of truth to it in the broad strokes.

  1. APBA Guy - Oct 4, 2010 at 3:22 PM

    Note that the $ 100 M number is unverified, were disbursed as loans, and that the MASN deal must have paid back the loans by now. Also, given baseball’s Hollywood style accounting, the real two numbers to keep in mind are operating profit from baseball plus MASN, and overall net value of the club if sold. Both of those are strongly positive.
    Frank Wren said it best: the Orioles will never be a winning club with Angelos as the owner. They will, however be extremely profitable.
    And unfortunately they have become the model for far too many franchises in baseball: Oakland, Florida, etc..

  2. Simon DelMonte - Oct 4, 2010 at 3:54 PM

    Like Steinbrenner in his low points, this seems to be a man who can at once be a lousy owner and a generous human being. Both are humans and are capable of being the best and the worst of us at once. With any luck, Angelos will learn from the Boss’ example and stay hands off.
    Angelos does get a little leeway from me, since he alone of the MLB owners refused to use replacement players. My labor-loving heart really wanted to see his team succeed after that.

  3. John_Michael - Oct 4, 2010 at 6:00 PM

    Peter Angelos, unlike Wilpon, somehow came to understand that he’s not a baseball GM and handed over the reigns to someone competent and then took a giant step back and let McPhail rebuild, which hopefully will start to show signs of fruition next season.

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