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ORIOLES WILL SHOW PROFIT FOR FIRST TIME UNDER ANGELOS
Published September 19, 1997
The Orioles said they will have an operating profit of
"at least" $10M this year, according to Mark Maske of the
WASHINGTON POST. Orioles Vice Chair/Business & Finance Joe
Foss said that this will be the "first time" in Peter
Angelos' four seasons as Managing General Partner that the
team will turn an operating profit. The size of the
Orioles' '97 operating profit "will depend upon how far they
advance during the postseason" -- from $10M for one
postseason home game to approximately $17M if the team
advances to the World Series and plays the maximum 10
postseason home games (WASHINGTON POST, 9/19).




