The Peter Principles (Ch. 1): So, just how did Angelos become ‘King’ of Baltimore baseball?

March 19, 2014 | Nestor Aparicio

The Peter Principles (Ch. 1): So, just how did Angelos become ‘King’ of Baltimore baseball?

irrelevance in a summer world with no wild card teams or league divisions.

Williams and Lucchino were always viewed as Washington, D.C. men who had an empty hometown market that would always be an escape route if the $12 million investment in the Baltimore Orioles went awry in the 1980s. But, Williams kept his word and made good on his promise: “If Baltimore supports the Orioles and people come to the stadium, the team will remain in Baltimore.”

And despite the authority and ability to leave Baltimore, the two Washington men found pleasure in building a legacy that included a permanent home in downtown’s Inner Harbor for the Orioles for the next generation because of Oriole Park at Camden Yards.

So here was Angelos pointing a finger at the group Lucchino was fronting and had literally been at the finish line four months earlier working on his third ownership group that would only push his vision for the Orioles’ success to the next level.

And even more strange was the provincial “hometown” view when the Orioles had made it abundantly clear over the past two decades that they were built to service not just Baltimore and Washington, D.C. but parts of six other states via a regional cable television deal and the overwhelming interest in Camden Yards and the beautiful retro ballpark.

Lucchino was among the first to realize that for the vitality of his friend EBW’s investment, the Orioles would need the Washington, D.C. market to be engaged and recruited to earn more revenue to continue to buy and retain the best players in Major League Baseball amidst exploding salaries and free agency. The most successful MLB teams tied their brand to a broader area, made more money and had greater success.

Even though much of the engrained Baltimore parochialism toward Washington D.C. was negative energy, for the future viability of the franchise it was imperative that Lucchino regionalize the franchise and find new streams of revenue and new verticals for the Orioles brand.

In 1979, Lucchino inherited a team that was purchased for $12 million amidst a changing industry for the sport, labor and media deals. It was losing money.

In 1988, after nine years on his watch, the club was sold for $70 million and he was in for a 9% stake in ownership. Now, with the team making $25 million per year and drawing 3.7 million fans to Camden Yards, the Baltimore Orioles were going to fetch somewhere north of $150 million in an auction.

The team was being sold for such a massive price in no small part because of the hard work of Lucchino and his vision. DeWitt recognized this early and thought of Lucchino as one of the assets of the team.

Lucchino oversaw the entire process of everything that represented the Baltimore Orioles. All of through glory and growth years, this mostly quiet attorney moved into the sport and oversaw the success of a team that was about to shatter all previous franchise sales in the history of North American sports.

Even stranger in the process was that fact that Lucchino owned 9% of the Orioles as a part of Eli Jacobs group. When the deal was consummated to buy the team in 1988 after the death of EBW, the three partners – Jacobs had 87% and Sargent Shriver held the remaining 4% – had all agreed to a special “tagalong” clause, which stated that the Orioles must be sold as 100% full stock whenever they were relinquished by Jacobs’ group.

Despite the sale of his stock being sold in this pending transaction – and at a rising value, no less – Lucchino desperately wanted to stay in Baltimore as the C.E.O. & President and remain involved in ownership and see through what he began building for his friend Edward Bennett Williams in 1979. After watching the Colts leave, the Orioles stay, Camden Yards get built and the legend of Cal Ripken and the baseball team growing over the years, Lucchino’s vision of a regionalized franchise was in full bloom.

Yet, despite all of this success, Lucchino was the one in awkward position in 1993 – running the team and doing business as usual while trying to get a stable ownership group for the Orioles now that a lot of the hard work had been done.

Eli Jacobs – being intensely private – never really formed a personal bond of any kind with Lucchino or anyone in Baltimore involved with the Orioles. DeWitt and Jacobs knew each other through being active in government and both Republicans. When DeWitt was doing his due diligence to leave the Texas Rangers ownership with George W. Bush, he and Lucchino hit it off and were planning on keeping the

Comments on Facebook

6 Comments For This Post

  1. Franchise Says:

    Nestor-

    Is the “stranger” bidder you refer to in this blog the same Jeffrey Loria (spelling Lorie) who is currently the principal owner of the Philadelphia Eagles????? or the previous owner of the Florida Marlins???

    Thanks,

    Franchise

  2. Franchise Says:

    Nestor-

    Just retribution punishment for the son of the “Chicagoan Carpetbagger” father Robert Irsay would be for Jimmy Irsay to give back all the records, history and HOF induction of 11 BALTIMORE Colt players and coaches back to the Charm City…. That includes all of the media guide propaganda in Indianapolis as well as the Canton, OH sacrilegious nonsense at the Pro Football Hall of Fame….Plus give back the horseshoe and the blue and white colors and name Colts to the City of Baltimore…Roger Goodell are you listening???…This is just punishment for Jimmy Irsay since owners should be held to higher standards….The apple does not fall far from the tree… Robert & Jimmy Irsay are one in the same…absolute garbage….But the Commissioner will simply slap him on the wrist!!!…Jimmy Irsay tried to ransom Art Modell for $44Million for the marketing rites to OUR Baltimore Colts….Voluntarily checked himself into what REHAB clinic?

    Regards,

    FRANCHISE

    Franchise

  3. unitastoberry Says:

    Franchise in the last few days I have heard many taking up for Jimmy. I had nothing against him until he was offered a sizeable amount of money to make things right and return the name to Baltimore. This was before Manning arrived to rescue the Irsays. After he turned that offer down he became garbage in my mind just like his daddy. His genes finally caught up with him and I’m glad he didn’t kill anyone driving around wasted. Sorry no sympathy for him.

  4. Steve from Sandpoint Says:

    Irsay, a A-HOLE just like his dad, wishing the worse for him !!!

  5. charlie Says:

    another important triumph in baltimore sports history, for wnst and nestor. THANKS.

  6. Go Tigers Fan Says:

    Steve from Sandpoint, you may want to check your wishes. What you wish for Irsay, someone could wish the same for YOU.

    The Colts are gone, get over it. You have the Ravens now so the past is past, the present is present.

    Robert Short stole the Senators from me so what did I do? I chose to root for the next closest team to P.G County where I lived at the time. That team I chose was the Orioles and no I don’t give a darn about the Nationals.

    My advice to you – live for the present, not the past.

Leave a Reply