Quote:
Originally Posted by browna
Yeah O's sale is a big meh. With only 40% going they'll be old and new regime's clashing, the new guys wanting a bigger say in behind the scenes business and on field decisions, the old crew happy (especially after last year) with how things are. So any change is a disruption; manager, scouts etc.
Even if they were 100% sold, doesn't mean they automatically transform. Rogers bought the Jays 24 years ago, and in the early years, spending may have increased a bit but results were still average.
TV deal for Baltimore market not likely that big, or could it really get much bigger get market size and especially with DC and the Nats not far away, so not sure where a lot of extra revenue gets generated for the team, no matter the owners.
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Thr Orioles are quite profitable right now, but the Angelos aren't rich enough outside the team to run it as a hobby (ie, break even basis). They are almost certainly taking dividends out to fund lifestyle/other investments/litigation against each other. The new owners are richer and are less likely to do that, imo.
Also, it isn't clear that the Angelos family owns 100% of the team. They had minority partners when they bought it (notably including Tom Clancy with a reported 24%) but could have bought some out over the years. Although Tom Clancy did own 12% (lost half to ex-wife) at the time of his death. So cleaning up that could make the governance better as well.