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Angelos Vent Thread


sportsfan8703

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Cal has a net worth of about 75 million. Which is a lot. About enough to buy 8 percent of the team and live off the remaining five million.

I know it isn't much for ownership, hence why I said minority stake. I am just confused why you think Bisciotti is some far-fetched idea?

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Back in 2006ish we went to dinner at the Oregon Grill. Me and My family were seated next to an empty table in the corner. 10 minutes later we saw Flanny come in and sit down at the table and order a drink. Another 10 minutes passed and *drum roll* in walks Peter Angelos. Flanny stands up and greets Mr. Angelos.

As we started to eat, we heard Flanny talk to Peter that Tejada was not happy. Peter replies to something as: he is making $12MM how can not be happy? Flanny was trying to tell him that he was not happy because the team was not adding big name players around him. The whole time Angelos just could not get past how someone making $12MM was and could be NOT HAPPY.

This is 100% true. I am not making this up. As my older brother reminded me of this over the holidays.

On December 9, 2005, Tejada asked to be traded, citing "frustration with two losing seasons and what he perceived as front office inactivity." http://articles.baltimoresun.com/2005-12-10/sports/0512100441_1_tejada-orioles-trade. The dinner you remember probably happened in that time period.

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Biscotti has a spare billion lying around?

Steve Biscotti has more than enough assets to lead an ownership group to buy the O's.

MLB though I thought had a rule against owning franchises in multiple leagues without a waiver....not sure but thought that was in play when Cuban was looking to buy the Rangers

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The Ravens are one of the model franchises of the NFL. Wouldn't that be a good thing?

I meant the assets that he would have to mortgage in order to have the money. Sorry I was not clear. It appears that most of his wealth is tied to that ownership.

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I meant the assets that he would have to mortgage in order to have the money. Sorry I was not clear. It appears that most of his wealth is tied to that ownership.

http://www.forbes.com/profile/stephen-bisciotti/

With 2.1 billion. I think your right he would not be able to buy full ownership but he would certainly easily be a major player / investor in backing say Cal or another Maryland in buying them

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http://www.forbes.com/profile/stephen-bisciotti/

With 2.1 billion. I think your right he would not be able to buy full ownership but he would certainly easily be a major player / investor in backing say Cal or another Maryland in buying them

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I was of the impression that his net worth was around 1.6 billion. Football been berry berry good to him.

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I was of the impression that his net worth was around 1.6 billion. Football been berry berry good to him.

He still has large holdings in Aerotek now Allegis as well as other holdings. I think he is ranked higher than Pete.

He could also leverage his equity in the Ravens (paid 600ish now valued over 1 billion). Sports teams are a near foolproof investment.

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He still has large holdings in Aerotek now Allegis as well as other holdings. I think he is ranked higher than Pete.

He could also leverage his equity in the Ravens (paid 600ish now valued over 1 billion). Sports teams are a near foolproof investment.

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Oh. Absolutely he is much richer than Peter.

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Steve Biscotti has more than enough assets to lead an ownership group to buy the O's.

MLB though I thought had a rule against owning franchises in multiple leagues without a waiver....not sure but thought that was in play when Cuban was looking to buy the Rangers

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Who is to say Biscotti would be a good owner for the O's. The Ravens have a salary cap and they make a lot of money. Who is to say he wouldn't go the Angelos path if he had the O's. He didn't hire Ozzie but I bet he has influence over what he does. You really can't compare an owner who gets a ton of TV money and has a owner friendly salary cap to a team in baseball where other owners have no limit to the money they can spend.

Anyway the money that the Ravens have tied up in high paid players seems like it has been wasted. Flacco and Rice looked pretty bad this year and Ngata didn't look worth the money he makes.

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Who is to say Biscotti would be a good owner for the O's. The Ravens have a salary cap and they make a lot of money. Who is to say he wouldn't go the Angelos path if he had the O's. He didn't hire Ozzie but I bet he has influence over what he does. You really can't compare an owner who gets a ton of TV money and has a owner friendly salary cap to a team in baseball where other owners have no limit to the money they can spend.

Anyway the money that the Ravens have tied up in high paid players seems like it has been wasted. Flacco and Rice looked pretty bad this year and Ngata didn't look worth the money he makes.

Biscotti is wired like most owners of MLB/NFL teams. He's rich, loves the big stage and loves to compete. I don't see any evidence that Angelos cares much about competing (other than in his law practice). He'd rather maximize his P/L ratio than take the financial risk that comes with trying to win a championship.

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