Browns Raising Season-Ticket Prices Dodgers Unveil '15 Ticket Prices Seahawks Brand Still Has Room To Grow Phillies Shake Up Front Office Hornets To Raise Season-Ticket Prices D-Backs' Payroll High For Team, Low For MLB Will Deflategate Impact Kraft-Goodell Relationship? Benson Remains Heavily Involved With Teams Koonin Won't Put Timetable On Hawks Sale White Sox Need To Capture Casual Fans
Upcoming Conferences and Events
ANGELOS TO BUY OUT DEWITT'S ORIOLES SHARES
Published May 24, 1995
Cincinnati Investment banker William DeWitt and his partners will sell their limited interests in the Orioles to principal owner Peter Angelos for the approximately $4M originally invested. DeWitt, who "nearly became" the club's controlling owner in '93, combined with Angelos' group later that year when the Orioles were auctioned by a U.S. Bankruptcy court. Angelos said once the deal is completed, the club will be "100 percent owned by Maryland investors" (Mark Hyman, Baltimore SUN, 5/24). DeWitt attributed the reason for the sale to his proximity: "We enjoyed being a part of the franchise. But we just don't get a chance to get to Baltimore" (Mark Maske, WASHINGTON POST, 5/24).