Update on the lease negotiations

[Going Underground]

20 minutes ago, Sports Guy said:

One thing I recently saw that I don’t think has been talked about much is that there is a clause in this agreement that if the Os get a better deal, that the Ravens are also subject to the same deal.

So, if JA was able to get another 300M, that means the Ravens get another 300M.

Just another reason this doesn’t seem very likely.

Also the venues could get more then $1. 2  billion. That is known as the Santa clause.

The General Assembly last year overwhelmingly passed a bill, with support from the Ravens and Orioles, to allow the stadium authority to borrow up to $1.2 billion at any one time to improve the two pro sports venues — $600 million for each. Those bonds will be repaid by up to $90 million a year in lottery funds. Once some are paid off, more can be borrowed, meaning the venues could be eligible to receive more than $1.2 billion in state money in the coming years.

[Going Underground]

Also not expecting a short term lease 

Also this from the Baltimore Banner:

 

Orioles CEO John Angelos will not get an extra $300 million in state funds on top of the $600 million already guaranteed, nor will he get exclusive rights to develop part of the state-owned property, a source told The Banner.

Both of those ideas are now off the table

 

[Pickles]

1 minute ago, Going Underground said:

Also not expecting a short term lease 

Also this from the Baltimore Banner:

 

Orioles CEO John Angelos will not get an extra $300 million in state funds on top of the $600 million already guaranteed, nor will he get exclusive rights to develop part of the state-owned property, a source told The Banner.

Both of those ideas are now off the table

 

Did he overplay his hand?

[Gurgi]

32 minutes ago, Going Underground said:

Also not expecting a short term lease 

Also this from the Baltimore Banner:

 

Orioles CEO John Angelos will not get an extra $300 million in state funds on top of the $600 million already guaranteed, nor will he get exclusive rights to develop part of the state-owned property, a source told The Banner.

Both of those ideas are now off the table

 

What could he do to force the issue except hint at leaving Baltimore?  Maybe he got his brother to sue him and hint he was leaving to Nashville to try to scare the fans into giving him more money?   Obviously he is aware that MLB is planning to expand to Nashville and probably his horrible wife mentioned how cool it would be to live in Nashville and she could do stuff with her country music and John could be a little dictator of the Nashville Orioles.   I am sure his brother didnt just dream up the Nashville idea on his own.  It must of been joked about at the dinner table for a while probably.

[MCO'sFan]

2 hours ago, Gurgi said:

What could he do to force the issue except hint at leaving Baltimore?  Maybe he got his brother to sue him and hint he was leaving to Nashville to try to scare the fans into giving him more money?   Obviously he is aware that MLB is planning to expand to Nashville and probably his horrible wife mentioned how cool it would be to live in Nashville and she could do stuff with her country music and John could be a little dictator of the Nashville Orioles.   I am sure his brother didnt just dream up the Nashville idea on his own.  It must of been joked about at the dinner table for a while probably.

He can't just move the team. This isn't the NFL. It would have to be approved by the owners and that ain't happening period...end of story!!!!

[drjohnnyfever1]

On 7/13/2023 at 1:23 PM, Hank Scorpio said:

I WANT MY NAME ON THIS!!!!!!!!! 

What an asshole.

John needing attention! 

You win, sir!

[drjohnnyfever1]

4 hours ago, Going Underground said:

Also not expecting a short term lease 

Also this from the Baltimore Banner:

 

Orioles CEO John Angelos will not get an extra $300 million in state funds on top of the $600 million already guaranteed, nor will he get exclusive rights to develop part of the state-owned property, a source told The Banner.

Both of those ideas are now off the table

 

Thank goodness!  I really think that John has his foot lodged in his mouth and as he struggles to get it out he manages to pry it farther in.  He's gotta be ankle deep by now.  I wonder if during one of those Sunday afternoon Country Music Drinking Binges he and his entourage sometimes partake in if someone could please bet him to get a whole baseball in his mouth.  It'll never fit with his foot in there too, but fun to imagine the dimwit attempting it.

[Billy F-Face3]

5 hours ago, drjohnnyfever1 said:

Thank goodness!  I really think that John has his foot lodged in his mouth and as he struggles to get it out he manages to pry it farther in.  He's gotta be ankle deep by now.  I wonder if during one of those Sunday afternoon Country Music Drinking Binges he and his entourage sometimes partake in if someone could please bet him to get a whole baseball in his mouth.  It'll never fit with his foot in there too, but fun to imagine the dimwit attempting it.

With some people, if you give them enough rope, and they will hang themselves with it. John seems like one of those people.

[Osornot]

5 hours ago, drjohnnyfever1 said:

Thank goodness!  I really think that John has his foot lodged in his mouth and as he struggles to get it out he manages to pry it farther in.  He's gotta be ankle deep by now.  I wonder if during one of those Sunday afternoon Country Music Drinking Binges he and his entourage sometimes partake in if someone could please bet him to get a whole baseball in his mouth.  It'll never fit with his foot in there too, but fun to imagine the dimwit attempting it.

He will never be a negotiator like good ol' dad.  Sometimes, genes just don't get passed on. I hope he doesn't try to take his ball and go to Nashville although he won't.  The tantrum must be hilarious... just sell and live off your ungained riches.

[cboemmeljr]

I think he took a page out of the Edward Bennett Williams playbook.  Remember when he said attendance needed to improve or the team might move.

John must have been thinking that the "threat" of Nashville relocation would bully the state to pay for his ambitions and hence his personal profit.

He over played his hand and has sullied the team's 2023 season with his interviews and actions recently.

In the end, he's a typical owner who wants to use public funds to generate his personal profit.

[tntoriole]

On 8/30/2023 at 12:31 PM, Pickles said:

Did he overplay his hand?

You think?  Lol … usually only having a 7 in your hand doesn’t beat a full house. 
He had and has zero leverage in this.  He can sign the lease or his franchise will be suspended by MLB as not having an approved venue for 2024 schedule and his value goes from 1.7 billion to something else. He is too narcissistic and too stupid to have realized this yet. 
 

oh and likely no such offer was ever “on the table” to be now “taken off the table” .. only his grandiose delusion was “on the table” 

Edited August 31, 2023 by tntoriole

[Sports Guy]

On 8/30/2023 at 12:30 PM, Going Underground said:

Also not expecting a short term lease 

Also this from the Baltimore Banner:

 

Orioles CEO John Angelos will not get an extra $300 million in state funds on top of the $600 million already guaranteed, nor will he get exclusive rights to develop part of the state-owned property, a source told The Banner.

Both of those ideas are now off the table

 

So, if this is true and he has presumably been told this and you have the Governor saying a deal will get done, which means he knows this and is telling him this…what’s the hold up?

[Aglets]

49 minutes ago, Sports Guy said:

So, if this is true and he has presumably been told this and you have the Governor saying a deal will get done, which means he knows this and is telling him this…what’s the hold up?

It only takes the delusions of one man to hold this thing up indefinitely.

[Going Underground]

The chump clause sounds good. Might have a conflict with the Orioles playoff game and the Billy Joel / Stevie Nicks concert. That is actually a good thing .Orioles in the playoffs. I know the Orioles have always been jealous of the Ravens. Not the players but Oriole management.

 

Anti-chump’ clause makes Ravens a silent party to Orioles lease talks
https://www.baltimoresun.com/sports/orioles/bs-sp-orioles-ravens-lease-parity-20230913-hjmbfpcqm5csho7buggsvfufpy-story.html

[Going Underground]

 

 

Thank you for supporting our journalism. This article is available exclusively for our subscribers, who help fund our work at The Balnamed the “anti-chump clause” makes the Ravens a significant, if silent, party to the Orioles’ 

Currently, the teams are looking at a possible conflict on Oct. 7. If the Orioles find themselves in the opening game of the American League Division Series, there could be a clash with a Billy Joel/Stevie Nicks concert scheduled for the same day at the Ravens’ stadium. The teams have been in communication about the date and are hopeful of heading off any potential problems, according to two officials with direct knowledge of the matter who declined to be named because the talks are private.

Top Ravens and Orioles officials are outwardly cordial. But three officials with knowledge of the relationship described it as distant. They asked to remain anonymous because of the sensitive nature of the two neighbors’ dealings.

“I would say that it was very limited,” said Thomas Kelso, who negotiated extensively with both clubs as stadium authority chairman from 2015 until March.

 

On Jan. 31, Kelso convened a dinner at the Black Olive restaurant in Fells Point with Orioles Chairman and CEO John Angelos and Sashi Brown, the Ravens president. Kelso said in an interview that he organized the meeting “to try to get John and Sashi talking to one another.” Kelso said Angelos arrived 25 minutes late.

In the last few years of his chairmanship, Kelso said: “I saw a willingness of the Ravens to work with the Orioles. I saw very little willingness of the Orioles to work with the Ravens.”

Edited September 13, 2023 by Going Underground