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ANGELOS PROFILED: ORIOLES OWNER A "SHREWD NEGOTIATOR"
Published February 24, 1998
Orioles Owner Peter Angelos is profiled by Peter Schmuck of the Baltimore SUN in the first of a three-part series on the team's front office. Angelos "is a shrewd negotiator with a knack for getting what he wants and a stubborn streak when it comes to doing what he thinks is best for business." He has "steered" the Orioles "into regular contention and -- it appears -- into a new era of stability and tranquility." Angelos, on the team's payroll: "We might end up with the highest payroll in baseball, but it won't be comprised of players who make $10-$12M per year. ... Baseball cannot support $10 million players unless baseball reaches the average ticket level of basketball, football and hockey, which is two to three times the average ticket price of baseball" (Baltimore SUN, 2/24).