BALTIMORE —
In August 1993, Angelos led a group of investors that bought the Orioles. The group included writer Tom Clancy, filmmaker Barry Levinson and tennis star Pam Shriver. The price tag of $173 million - at the time the highest for a sports franchise - came in a sale forced by the bankruptcy of then-owner Eli Jacobs.
“We’re duty bound to provide major league baseball to our fans, and that can’t be done with replacement players,” he insisted. “He’s always had an interest in politics, especially foreign policy. That, and his involvement with baseball, made it a natural thing,” said John Angelos, a son and the Orioles’ current chairman and CEO.
Source: News Formal (newsformal.com)
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