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Angelos selling orioles

Posted on 1/30/24 at 7:47 pm
Posted by nicholastiger
Member since Jan 2004
42392 posts
Posted on 1/30/24 at 7:47 pm
For a nice profit
Hopefully they not moving
Posted by SteelerBravesDawg
Member since Sep 2020
34438 posts
Posted on 1/30/24 at 7:50 pm to
WHOA!
This post was edited on 1/30/24 at 7:51 pm
Posted by SEC. 593
Chicago
Member since Aug 2012
4040 posts
Posted on 1/30/24 at 7:51 pm to
There is no way they are allowed to leave at this point.
Posted by McCaigBro69
TigerDroppings Premium Member
Member since Oct 2014
45084 posts
Posted on 1/30/24 at 7:53 pm to
Have to be optimistic in the future now if you’re an O’s fan.
Posted by SteelerBravesDawg
Member since Sep 2020
34438 posts
Posted on 1/30/24 at 8:14 pm to
Yeah they're not leaving Baltimore.
Posted by Ralph_Wiggum
Sugarland
Member since Jul 2005
10666 posts
Posted on 1/30/24 at 8:18 pm to
They are wanting a new stadium though. They should not move, but Baltimore will have to pony up for a new stadium. Camden Yards was state of the art in the 1990s.
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41168 posts
Posted on 1/30/24 at 8:22 pm to
quote:

They are wanting a new stadium though


Well then they shouldn't have signed a new 30 year lease 45 days ago.
Posted by Jack Ruby
Member since Apr 2014
22724 posts
Posted on 1/30/24 at 8:54 pm to
quote:

Camden Yards was state of the art in the 1990s.


And Fenway was, too, in 1912...

Camden Yards is iconic. You don't tear it down.
Posted by ChestRockwell
In the heart of horse country
Member since Jul 2021
2730 posts
Posted on 1/30/24 at 9:03 pm to
They are wanting to upgrade in and around the stadium. Enhance the fan experience
Posted by Dalosaqy
I can't quite re
Member since Dec 2007
12302 posts
Posted on 1/30/24 at 9:26 pm to
quote:

Camden Yards is iconic. You don't tear it down

This. If you've been there, you understand. It's what all baseball stadiums should be like.
Posted by teke184
Zachary, LA
Member since Jan 2007
94915 posts
Posted on 1/30/24 at 9:34 pm to
quote:

This. If you've been there, you understand. It's what all baseball stadiums should be like.


If the past decade is any indication, you don’t tear down Camden Yards… you tear down much of Baltimore near it.
Posted by Snoop Dawg
Member since Sep 2009
2184 posts
Posted on 1/30/24 at 10:35 pm to
quote:

They are wanting a new stadium though.


Why? I understand a remodel, but new ballpark is beyond stupid.


After the infiltration of politics in sports, I’m ready and actively promoting federal legislation against funding pro sports venues. If sports picks a political side, no more funding!
Posted by Shoulderchoke
Swamps of Lafourche
Member since Aug 2008
7837 posts
Posted on 1/30/24 at 10:48 pm to
Camden is one of the best parks in MLB.
Beautiful stadium with a great environment.

Also worth mentioning there was recently an agreement to keep the O’s in Camden for the next 15 years
This post was edited on 1/30/24 at 11:05 pm
Posted by nicholastiger
Member since Jan 2004
42392 posts
Posted on 1/31/24 at 8:16 am to
Angelos was quoted as saying: "When people talk about giving this player $200 million, that player $150 million, we would be so financially underwater that you'd have to raise the prices massively."

Yet your team is worth $1.7 billion
Numbers don't make sense
Posted by teke184
Zachary, LA
Member since Jan 2007
94915 posts
Posted on 1/31/24 at 8:20 am to
Equity and cash flow are separate.


The business may be worth a lot but if the money isn’t coming in when you need it, you can still be fricked.

The Hornets got turned back over to the NBA because Shinn kept having trouble making payroll due to his debt service.
Posted by Basura Blanco
Member since Dec 2011
8082 posts
Posted on 1/31/24 at 8:33 am to
quote:

Yet your team is worth $1.7 billion
Numbers don't make sense



It makes perfect sense. The only way to realize the worth of something is to sell it. Which seems to be what he is doing.
Posted by HickoryofOld
PEC
Member since Jul 2011
253 posts
Posted on 1/31/24 at 9:06 am to
Incorrect. They want to renovate it to continue to improve the experience and the areas immediately around the ballpark. As noted by most, it’s one of the best MLB experiences and the O’s and the state seem to be in agreement in wanting to keep it that way.
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