BALTIMORE — The former proprietor of the Baltimore Orioles, Peter Angelos, has died at the age of 94.
In an announcement from the Orioles group, Angelos has been in poor health for a number of years, indicating his battle with advanced-stage dementia.
Their assertion goes on to say “the household thanks the medical doctors, nurses, and caregivers who introduced consolation to him in his remaining years.”
According to the report, it was Angelos’ want to have a personal burial, and donations could also be despatched to charity in lieu of flowers.
Angelos, the household Patriarch bought the Orioles from Eli Jacobs again in 1993 for $173 million.
Over the previous a number of years, earlier than promoting, Peter’s well being has deteriorated forcing him to relinquish staff management to his son John, resulting in courtroom battles with brother Lewis over their father’s belongings.
In January, the Angelos household, agreed to promote the staff to a gaggle led by billionaire personal fairness investor David Rubenstein for $1.725 billion.
Rubenstain had this to say about the late proprietor’s passing.
I supply my deepest condolences to the Angelos household on the passing of Peter Angelos. Peter made an indelible mark first in enterprise after which in baseball. The metropolis of Baltimore owes him a debt of gratitude for his stewardship of the Orioles throughout three a long time and for positioning the staff for nice success.
David Rubenstein
Commissioner of Baseball Robert D. Manfred, Jr has additionally issued an announcement:
Peter Angelos was a proud native of Baltimore who deeply appreciated proudly owning the Baltimore Orioles. Peter’s lifetime of philanthropy vastly benefited quite a few worthy causes all through his hometown. He championed the Orioles’ historic 1999 collection with the Cuban National Team. Peter ably served the recreation on our Labor Committee, and I’ll all the time bear in mind his private help after I was first elected to this position in his residence metropolis in 2014.
On behalf of Major League Baseball, I ship my condolences to Peter’s spouse, Georgia, their sons John and Louis, and the complete Angelos household.
Commissioner of Baseball Robert D. Manfred, Jr.
