January 17, 2011

Selling the Orioles?

Via Inside Charm City, the Orioles may be working on a sale to Cal Ripken that would take place in about two years:

According to celeb-O’s fan, Roy Firestone, he received some possible inside information that indicated Peter Angelos might be readying the Orioles for a sale to local investors. Better yet, the group is supposedly headed by Cal Ripken.

Thanks to Jeff Quinton for the link.

On Saturday night, Firestone attended an event with Orioles greats, such as Brooks and Frank Robinson. The event provided Firestone with his information on the possible upcoming sale of the ballclub.

Firestone has been quick to point out his “source” is confidential. However, he has also identified this same source as one of credibility in past dealings – and, one who has the connections to know such information.

Like Nolan Ryan, Ripken stayed in the game with ownership in minor leagues. I like this trend of former players moving into ownership positions. It’s one more reason to believe in long term labor peace.

The first half of Angelos’s reign was highly successful, with the building of the new ball park and perennial winning teams. Poor baseball decisions during the last decade hurt attendance, and the team has not recovered. Ripken might be getting the team at the right time as Buck Showalter and a group of talented youngsters could be a recipe for success.

Correction: I’m sorry Angelos did not buy the Orioles until 1993. I thought the bankruptcy happened in the late 1980s. That’s what I get for depending on my memory rather than looking up facts.

2 thoughts on “Selling the Orioles?

  1. Pingback: Report: Angelos prepping the Orioles for a sale to Ripken-led group within next two years? | Inside Charm City: Baltimore, Maryland blog

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