Peter Angelos, longtime owner of the Baltimore Orioles, has died at the age of 94.
His family announced in a statement that Angelos, who had been ill for several years, died Saturday.
Angelos owned the Orioles when they had a long losing streak. He also owned a law firm that notably won a case against industry titans such as tobacco giant Philip Morris.
Angelos’ death comes as his son John is in the process of selling the Orioles to a group led by Carlyle Group Inc. co-founder David Rubenstein. Peter Angelos purchased the team for $173 million in 1993, at the time the highest amount for a sports franchise.
Angelos was less present on the public stage in his later years.
2024-03-24 14:51:12
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