Yankees, Man City Partner On MLS Team Colangelo Staying With Raptors, Loses GM Title NBA Kings Tix In High Demand Redskins' Training Camp Facility Nearly Complete Franchise Notes Astros' President Ryan Puts Fans First Ranadive Wants Kings To Make Up For Lost Time Bobcats Reportedly Begin Name Change Haslam Expected To Stay As Browns Owner Bills' Brandon Leading Franchise's New Direction
Upcoming Conferences and Events
SBD/14/Franchises
ORIOLES RAISE TICKET PRICES FOR NEXT YEAR
Published November 14, 1994
Orioles Owner Peter Angelos announced major ticket-price increases for next year that will add $1 to $5 to the price of more than 85% of the seats at Camden Yards. Angelos said he expects the move to be "unpopular" among ticket buyers, but said an increase was justified to recoup $15 million in strike-related losses: "We simply had no other way to go. Obviously, the financial viability of the club must be maintained for the purpose of giving Orioles fans a No. 1 baseball club." The Orioles joined the Rockies and the Yankees as the only teams to raise ticket prices for next season (Mark Hyman, Baltimore SUN, 11/13). Orioles officials said they believe the team was on course to turn an operating profit of $12M in an uninterrupted '94 season, but instead will suffer an operating loss of approximately $3M (Mark Maske, WASHINGTON POST, 11/12). The Orioles announced their plans in full-page ads in the WASHINGTON POST and the Baltimore SUN. The ad compared the O's ticket prices to those of the Redskins, Capitals, Bullets and Baltimore's CFL franchise.




