- Peter Angelos
Peter G. Angelos (born
July 4 ,1929 inPittsburgh, Pennsylvania ) is an American trial lawyer and the current owner of theBaltimore Orioles , abaseball team in theAmerican League East Division. His official titles with the club are Chairman of the Board andChief Executive Officer . He led a group of investors that purchased the team in 1993 for $173 million fromEli Jacobs .Background
Angelos is a graduate of Eastern College of Commerce and Law and the
University of Baltimore School of Law , where he was classvaledictorian . He began work as a criminal defense lawyer following graduation. For most of his legal career Angelos made a living as a lawyer representing Baltimore labor unions and their members in his own private practice, which he founded in 1961. Beginning in the 1980s, Angelos refashioned his firm from criminal law to civil class action suits. In 1982, his wealth and law firm expanded exponentially when he represented a large number of plaintiffs in asbestos litigation and won. He reportedly made over $100 million on this single case. Angelos was also enormously successful in representing the state of Maryland as lead attorney in a suit againstPhillip Morris and suingWyeth , the makers of the diet pillfen-phen . It was after this that he became a major player in the Baltimore community. Angelos's law firm currently has offices inBaltimore ,Philadelphia , several cities in western Maryland including Cumberland, Maryland , andDover, Delaware .Angelos has always had his heart in politics. A life long Democrat, he held a seat on Baltimore City Council from 1959 to 1963. Angelos ran for mayor of Baltimore in 1964 as an independent, but lost with less than 10% of the vote. Three times in the 1960s he unsuccessfully challenged Republican incumbents in the Maryland Legislature. He recently has become involved in politics again, publicly supporting Republican gubernatorial incumbent
Bob Ehrlich and criticizing 2006 Democratic candidate, now governor,Martin J. O'Malley . However, it is speculated that Angelos's support for the Republican is more a business move than a political move, because O'Malley encouraged the move of the Montreal Expos toWashington, DC , a move which threatened the Orioles monopoly on the Baltimore-Washington market.Nationals and Free the Birds Controversy
Angelos opposed the relocation of the
Washington Nationals (formerly the Montreal Expos) toWashington D.C. due to concerns about a reduced share of fan revenue affecting the ability of the Orioles to compete with theNew York Yankees and theBoston Red Sox . Major League Baseball first compensated Angelos by establishing a minimum salesprice floor for the Orioles. Later, MLB gave Angelos a majority (90 percent) interest in theMid-Atlantic Sports Network , paying him $75 million for a 10 percent stake in the new regional sports network, that would broadcast both Orioles and Nationals games.The
United Workers Association , an organization of clean-up workers atOriole Park at Camden Yards , claim that in 2004 Angelos promised, and then revoked his promise, to pay the difference of what would be required to raise cleaners' wages to that ofBaltimore City's officialliving wage . Since 2004, Angelos has been the primary focus of the United Workers Association's Living Wages at Camden Yards Campaign.On September 21st, 2006, 1,000 or more Orioles fans protested at
Camden Yards against Angelos and the way in which he has run the Orioles in what became known as the 'Free the Birds' demonstration. [http://sports.espn.go.com/mlb/news/story?id=2597721]External links
* [http://www.angeloslaw.com/ Law Offices of Peter G. Angelos website]
* [http://www.freethebirds.net/ 'Free the Birds' website]
* [http://www.citypaper.com/news/story.asp?id=3575 Molly Rath, "The Last Tycoon: Love Him or Hate Him, Peter Angelos Holds the Key to Downtown's Future", Baltimore City Paper, August 16, 2000]
* [http://www.hardballtimes.com/main/article/angelos-must-go/Maury Brown , "Angelos Must Go", The Hardball Times, January 23, 2006]
* [http://www.crp.org/indivs/search_hp.asp?txtName=angelos&NumOfThou=0&txt2006=Y/ Angelos campaign contributions]
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