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John Angelos chews out Dan Connolly


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8 hours ago, Sports Guy said:

Great read. 
-his transparency declaration fell hollow

-media confirmed before questions would be allowed 

-he has ignored most media requests

-last time he spoke was Feb 22 on zoom about Paul McCartney concert, before that Jan 19 about Billy Joel concert 
 

-called him the privileged son of hard working billionaire owner who called me out of touch 

-John has lived almost exclusively in Nashville, Sarasota, Saratoga Springs, NY for the last decade plus despite saying he lived everyday of his life in Baltimore City


 

Good for Dan. Now John’s wife has her Twitter set to private. 

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1 hour ago, eddie83 said:

Great read. 
-his transparency declaration fell hollow

-media confirmed before questions would be allowed 

-he has ignored most media requests

-last time he spoke was Feb 22 on zoom about Paul McCartney concert, before that Jan 19 about Billy Joel concert 
 

-called him the privileged son of hard working billionaire owner who called me out of touch 

-John has lived almost exclusively in Nashville, Sarasota, Saratoga Springs, NY for the last decade plus despite saying he lived everyday of his life in Baltimore City


 

Good for Dan. Now John’s wife has her Twitter set to private. 

I like how he got in a jab about John not passing the bar exam. Pretty sad considering he had all the prep classes he wanted at his disposal, a father as a lawyer, and no work/financial requirements  to take him away from study time. 

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2 hours ago, eddie83 said:

Great read. 
-his transparency declaration fell hollow

-media confirmed before questions would be allowed 

-he has ignored most media requests

-last time he spoke was Feb 22 on zoom about Paul McCartney concert, before that Jan 19 about Billy Joel concert 
 

-called him the privileged son of hard working billionaire owner who called me out of touch 

-John has lived almost exclusively in Nashville, Sarasota, Saratoga Springs, NY for the last decade plus despite saying he lived everyday of his life in Baltimore City


 

for Dan. Now John’s wife has her Twitter set to private. 

I dont have the athletic but it sounds like Connolly trashed John in his article. Whatever gets the family to sell is fine with me. 

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I watched some of the video but I didn't read the Connolly article.  What are the chances Connolly is still covering the Orioles a year from now? Is he at risk of losing all access to the team due to this? I wonder how many reporters were lined up behind Connolly planning on asking similar questions that are thankful today he got to go first.

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2 minutes ago, RVAOsFan said:

I watched some of the video but I didn't read the Connolly article.  What are the chances Connolly is still covering the Orioles a year from now? Is he at risk of losing all access to the team due to this? I wonder how many reporters were lined up behind Connolly planning on asking similar questions that are thankful today he got to go first.

I think that the Athletic is a big enough player that the Orioles couldn't intimidate them.

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4 minutes ago, RVAOsFan said:

I watched some of the video but I didn't read the Connolly article.  What are the chances Connolly is still covering the Orioles a year from now? Is he at risk of losing all access to the team due to this? I wonder how many reporters were lined up behind Connolly planning on asking similar questions that are thankful today he got to go first.

I know that Peter Angelos used to call the sports editor of the Baltimore Sun  threatening to not advertise in the paper unless Ken Rosenthal was let go or stop the criticism  

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I did some looking online today. My guess is Frobby or someone else’ may have already said this.  
 

Jan 26th is the motion hearing in the lawsuit. The trial is set for July 10th. Not that anyone expects it to get that far. 
 

I also see where both John and Georgia filed protective orders.  
 

Hopefully this part of this mess will be over soon with more to come. 

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11 hours ago, spiritof66 said:

One thing John was right about: nobody knows how much of the Orioles is owned by Peter, John and Lou Angelos. The 70 percent John mentioned is lower than the guesses and estimates I've seen.

"Clancy came in as a 24% owner of the team when Peter Angelos bought the MLB franchise from Eli Jacobs in 1993 for $173 million. That would put Clancy's investment at about $42 million. Wanda got half of the author's stake in the team as part of their divorce settlement in 1999."

https://www.forbes.com/sites/mikeozanian/2013/10/03/tom-clancy-made-230-million-profit-on-investment-in-baltimore-orioles/?sh=75528a3c5f67

This is an old article.  But unless part of the original 24% from Clancy (now split between Clancy's estate and ex-wife Wanda) was sold to Angelos, Angelos has at most 76%.  The other listed owners appear to have small stakes for Angelos to have more than 70%.

 

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37 minutes ago, EricK said:

"Clancy came in as a 24% owner of the team when Peter Angelos bought the MLB franchise from Eli Jacobs in 1993 for $173 million. That would put Clancy's investment at about $42 million. Wanda got half of the author's stake in the team as part of their divorce settlement in 1999."

https://www.forbes.com/sites/mikeozanian/2013/10/03/tom-clancy-made-230-million-profit-on-investment-in-baltimore-orioles/?sh=75528a3c5f67

This is an old article.  But unless part of the original 24% from Clancy (now split between Clancy's estate and ex-wife Wanda) was sold to Angelos, Angelos has at most 76%.  The other listed owners appear to have small stakes for Angelos to have more than 70%. 

 

Thanks. I've seen several references over the years to Peter Angelos buying out other partners, but I don't know that that's ever happened. 

When Peter Angelos dies, MLB will be looking at one of two situations. (I'm assuming that Peter's death would not trigger any change in the ownership by the other limited partners.) Either there will be no majority owner of the team, with two siblings who won't work together and appear to despise each other each owning 35 to 40 percent, and a bunch of outside investors owning the rest, or John will claim the right to inherit Peter's full share based on actions taken before Peter's death by Georgia as his attorney-in-fact, presumably leading to bitter litigation over the inheritance of that 35-40 percent of the team.

To me it's inconceivable that MLB would approve such a result, even if the new ownership could afford to go forward after paying estate taxes (which it won't be able to do). But maybe that word doesn't mean what I think it means.

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