Baltimore Sun Sunday

Orioles owners through the years

-

1953-79

He was part of a group of local businessme­n who brought the St. Louis Browns to Baltimore at a cost of $2.475 million. He bought a controllin­g interest in the Orioles in 1965. During his tenure, the Orioles were at the height of their pennant-winning success, making it to five World Series between 1965 and 1979. Hoffberger also ran the National Brewing Co., which produced Baltimore’s iconic National Bohemian beer, for 28 years.

EDWARD BENNETT WILLIAMS

1979-89

Williams, a Washington lawyer, bought the team for $11.8 million but only put up $500,000 in cash and borrowed the rest. Williams lobbied behind the scenes to end the 1981 players’ strike. He also successful­ly pushed for a new stadium, vowing to never sign a long-term lease unless one was built. Three months after signing a 15-year lease for Oriole Park at Camden Yards in 1988, he died. Under his ownership, the team rolled into the 1983 World Series with the secondbest record in baseball and won the championsh­ip.

ELI S. JACOBS

1989-93

Jacobs, a wealthy New York investor, paid $70 million for the Orioles. During his era, the team moved from Memorial Stadium to Camden Yards, hosted the All-Star game and saw the rise of star player Cal Ripken Jr. Trouble with Jacobs’ creditors placed him in involuntar­y bankruptcy in 1993, forcing a sale of the team.

PETER G. ANGELOS

1993-PRESENT

Angelos, a plaintiff’s attorney from Baltimore who made his fortune representi­ng people injured on the job by exposure to asbestos, won a bidding war in bankruptcy court for the group of potential owners he headed to buy the Orioles for $146.1 million. With Angelos now ailing at age 94, his family has agreed to sell the Orioles and the team’s assets to a group of investors headed by David M. Rubenstein.

Newspapers in English

Newspapers from United States