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Angelos family lawsuits raise prospects for sale of Orioles, but John Angelos wants to keep majority control in family’s hands, sources say

August 16, 2022
selective focus photography of white baseball balls on ground

The lawsuits that have revealed the Angelos family’s struggles over the control and future of the Orioles also laid out preparations for a sale of the team, including the hiring of a law firm and investment bank, but team chairman and CEO John Angelos wants to retain his family’s control of the club, according to people familiar with his thinking. Angelos, 55, prefers to sell a piece of the Orioles while continuing to retain his family’s majority control, two people told The Baltimore Sun in interviews.

Article Source: Baltimore Sun

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