Peter Angelos

Peter G. Angelos

• School University of Baltimore
• High School Patterson Park High School

• Born July 4, 1929, Baltimore, MD USA

Biographical Information

Peter Angelos has been principal owner of the Baltimore Orioles since buying them in a New York bankruptcy court in 1993 for $173 million. He was one of the most active owners from that time, publicly taking stands on many issues, until illness forced him to curtail his activities, beginning in 2017. Some have seen this behavior as being extremely intrusive and arrogant. Angelos is famous for firing manager Davey Johnson who led the Orioles to two playoff appearances in two years, and was named Manager of the Year before being fired. Also, Angelos fired successful General Manager Pat Gillick and alienated announcer Jon Miller. One of his most well-known stands was his refusal to have his team use replacement players in 1995 when all the other teams were willing to utilize them. Finally, Angelos was strongly opposed to the moving of the Montreal Expos to Washington, DC, which he considered to be part of the team's traditional market. Angelos obtained a guaranteed $130 million in yearly revenue, and is assured of $360 million should he sell the Orioles, in an agreement to allow the Expos to move to Washington.

Angelos was the primary benefactor of the 2004 Greek Olympic baseball team. The son of Greek immigrants, he was a self-made man, rising up from a gritty working class neighborhood to run his own law firm in Baltimore. He made his fortune pleading in favor of workers incapacitated by exposure to asbestos and winning enormous settlements.

His son, John Angelos, is the Orioles' executive vice-president and became acting team principal in November 2020 due to Peter's deteriorating health. In 2022, his second son Lou sued John over control of the team, alleging it was done against his father's wishes and by manuipulating their mother. The move was likely to lead to the twam's forced sale.

Related Sites

• MLB Team Valuations