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This Blew My Mind


interloper

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Posted

http://www.nytimes.com/1993/08/03/us/baseball-going-going-sold-orioles-auctioned-for-173-million.html

This article is from 1993. Here's what's wild:

1. Loria was in the bidding. It could have been way worse than Angelos!

2. $173 million. Manny Machado, over way less years, will cost nearly DOUBLE what was paid for the ENTIRE ORIOLES ORGANIZATION, and that was the most expensive team sale ever at the time.

Bananas. 

Posted

You're right that it could have been worse to be an Oriole fan under Loria's ownership, but i suspect the on-field performance couldn't have been any worse than it's been.

I always thought that if Loria had won the auction, with prices for teams continuing to escalate rapidly he would have flipped the Orioles after a few years for the quick buck. 

While I'm not defending Loria in any way, a lot of his problems and unpopularity in Montreal and Miami had to do with ballpark issues. In Baltimore he would have had to find something else to be a complete jerk about. And with a brand spanking new venue that was the showplace of MLB, the team wasn't moving anywhere. 

Posted
1 hour ago, interloper said:

http://www.nytimes.com/1993/08/03/us/baseball-going-going-sold-orioles-auctioned-for-173-million.html

This article is from 1993. Here's what's wild:

1. Loria was in the bidding. It could have been way worse than Angelos!

2. $173 million. Manny Machado, over way less years, will cost nearly DOUBLE what was paid for the ENTIRE ORIOLES ORGANIZATION, and that was the most expensive team sale ever at the time.

Bananas. 

...and just imagine of Loria had bought the team and then sold it to Jeter!

Posted
39 minutes ago, spiritof66 said:

You're right that it could have been worse to be an Oriole fan under Loria's ownership, but i suspect the on-field performance couldn't have been any worse than it's been.

I always thought that if Loria had won the auction, with prices for teams continuing to escalate rapidly he would have flipped the Orioles after a few years for the quick buck. 

While I'm not defending Loria in any way, a lot of his problems and unpopularity in Montreal and Miami had to do with ballpark issues. In Baltimore he would have had to find something else to be a complete jerk about. And with a brand spanking new venue that was the showplace of MLB, the team wasn't moving anywhere. 

The team would have been in San Juan. 

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