The Baltimore Orioles have been one of baseball’s most successful and compelling teams this year.
For the first time since 2016, the team looks prepared to make some noise in the postseason.
Baltimore has secured its second straight winning season and owns the American League’s best record at 82-49.
However, the team’s owner, John Angelos, has found himself in the news for the wrong reasons as of late.
First, it was the suspension of broadcaster Kevin Brown.
Last week, Angelos mentioned that if the Orioles were going to keep their core together, they would have to raise their prices significantly.
On “Fair Territory,” Ken Rosenthal of The Athletic called out Angelos for his comments.
— Ken Rosenthal (@Ken_Rosenthal) August 28, 2023
Rosenthal says he understands that certain teams that play in smaller markets and generate less revenue than other teams have to deal with certain challenges.
However, Rosenthal also notes that it isn’t fair for owners, who profit off of their teams to claim that they can’t afford players.
A tweet was shown which illustrates where the Orioles stand right now in terms of revenue.
This year, they’ll make $110 million in revenue sharing, $60 million from their national TV deal, $30 million from their BAMTECH payout, $40 million from their regional TV deal, and $80 million from gameday sales.
That amounts to $320 million in total.
The state of Maryland is also offering Angelos $600 million dollars if he signs a new stadium lease, and the team could make $100 million for ballpark upgrades.
Rosenthal closed his statement by saying that should be enough for Angelos to invest in the future of the Orioles.NEXT: Orioles Get Bad News On Felix Bautista