- The Washington Times - Tuesday, February 8, 2005

THE WASHINGTON TIMES

Baltimore Orioles owner Peter Angelos and Major League Baseball president Bob DuPuy will resume negotiations today in New York on a financial protection package for the Orioles stemming from the Montreal Expos’ relocation to Washington.

More than four months of on-and-off talks on the issue have yet to produce an agreement, and the extended standoff has begun to test the patience of many within MLB’s Manhattan headquarters. MLB is believed to have offered Angelos a substantial package of benefits for the Orioles including guarantees to the team’s annual local revenue and future resale value, and a dominant stake in a new regional sports TV network.

Still unresolved, however, are several key issues, including the length of the financial guarantees and measures to ensure competitive impetus for Baltimore. Since last month, MLB Commissioner Bud Selig has taken a more involved role in the talks, but to date without success.

The lack of a deal with Angelos has slowed nascent efforts to sell the Washington Nationals, and forced MLB executives to explore other short-term local TV options for the Nationals. Angelos, in turn, privately has suggested the possibility of a lawsuit from the Orioles and the Maryland Stadium Authority.

Eric Fisher


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