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The Peter Principles (Ch. 3): How close did Angelos come to owning Baltimore’s NFL team?

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The Peter Principles (Ch. 3): How close did Angelos come to owning Baltimore’s NFL team?

Posted on 14 July 2014 by Nestor Aparicio

3. Giving Peter The Ball & Scabs

“I think they are concerned about litigation, but they feel as we do, that no one wants to litigate but one has to sometimes and the chances for success are excellent. I’m confident that Baltimore is the best applicant for an NFL franchise both from a financial and a fan standpoint.”

– Peter Angelos, May 18, 1994 to The Sun regarding Washington Redskins owner Jack Kent Cooke blocking his rights to buying an NFL franchise

 

TO UNDERSTAND BALTIMORE’S INNATE YEARNING for a National Football League team is to understand what the Baltimore Ravens have meant to the town, its sports psyche and the league since returning in 1996. After winning Super Bowls in 2001 and 2013, it’s very hard to fathom that time and space between March 28, 1984 and Nov. 6, 1995 ­– when the town that participated in what became known as The Greatest Game Ever Played in 1958, the place that the Colts of Johnny Unitas, Lenny Moore, Art Donovan, Raymond Berry and Jim Parker roamed on 33rd Street in what was affectionately known as the World’s Largest Outdoor Insane Asylum – was without the NFL.

The Orioles were the toast of Baltimore for sure in the early 1990s but there was always something missing in the Charm City when there weren’t NFL games on those 12 seasons of Sundays in the fall. After a decade of high-speed pursuits by the state of Maryland, Mayor of Baltimore and then Governor William Donald Schaefer, the Maryland Stadium Authority and several bidders in 1993, the city was repeatedly turned down in the expansion process. By the time Angelos had purchased the Orioles, the NFL had found itself in a precarious situation with Baltimore sitting empty and several suitors working every angle possible to steal an existing team and essentially steal another city’s team the way the Colts were stolen off in the middle of the night in 1984 by owner Robert Irsay. And Washington Redskins owner Jack Kent Cooke had tried every possible way to keep Baltimore from ever having a team again and once attempted to get a stadium built in Laurel to ensure it. Schaefer blocked Cooke and then rallied support for civic monies to be held to fund a Baltimore football stadium at Camden Yards if the NFL granted the city a franchise.

Despite all of the efforts of Schaefer and his steward Herb Belgrad, it didn’t work. In early 1995, the city of Baltimore was considered to be further away than ever in a search for a return to the NFL now that a pair of expansion teams had gone to Jacksonville and Charlotte and it was clear St. Louis was in the final stages of swiping the Rams from Los Angeles.

It was a dirty business, this franchise ownership, league gamesmanship, civic hostage taking of teams and the politics of modern sports. But Baltimore and Maryland were a unique player in the revolving door of NFL cities vying for the theft of teams from other markets where old stadia were failing to lure more revenue or ownerships were dissatisfied and looking for a bigger, better deal – led of course by Irsay’s decision to leave the land of pleasant living a decade earlier and the machinations of Al Davis in California with the Raiders.

Because of what the Orioles meant to the area and the success of the downtown revitalization spurred by the facility, Baltimore, Maryland had real money in the state coffers to fund a new stadium in the parking lot adjacent to the baseball stadium at Camden Yards. The area had always been earmarked as the site of a potential NFL team but the only problem was finding one of the existing 30 teams to find the deal too $weet to pass up. There was a lot of money to be made on an NFL franchise in Baltimore and the thought was that with many municipalities hard-lining NFL owners on the stadium issue on behalf of local taxpayers, it was only a matter of time before someone moved a team to the former home of the Colts. The insiders knew just how much money and how rich the Baltimore deal was for an owner who wanted to flee but the media and local fans were very skeptical after a decade of operating in the fog of having lost the Colts.

Once again, Angelos went into his office in Baltimore and tried to don the cape as a civic hero, flying in to save the day and bring the NFL back to his hometown.

But there were several other suitors pushing to be the winner in this grab for a football team in 1994.

Leonard “Boogie” Weinglass left Angelos’ partnership before it ever really began in September 1993 – he never invested in the team after being the original local person who was interested in the club when Eli Jacobs put it up for sale. At the time he said it was in an effort to pursue an NFL team that he hoped to call the Bombers, paying homage to the World War II planes that were built in Eastern Baltimore County at Martin Marietta.

Malcolm Glazer and his sons Bryan and Joel had been one of the three failed efforts by Baltimore to win the 1993 NFL expansion process. Now, they had set their sights on buying the Tampa Bay Buccaneers in their home state of Florida, where they lived in Palm Beach.

Baltimore beer distributors Bob Footlick and Bob Pinkner had also partnered with Robert Schulman in an effort to pursue an NFL team.

And, of course, with his August 1993 victory in the New York auction house and his leading man status as the owner of the Orioles, Angelos was funded and motivated to join Miami’s Wayne Huizenga as the second man to own an NFL and MLB franchise simultaneously. There had previously been language to disallow such a local

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

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

Posted on 19 March 2014 by Nestor Aparicio

IT WAS HOT AS HADES in that lower Manhattan federal courtroom. Jam-packed with bidders, curiosity seekers and baseball fans, the Baltimore Orioles franchise was up for grabs on August 2, 1993, and the bidding was as steamy as the air in the room once the price began to rapidly accelerate into the stratosphere.

The fact that there was any bidding at all was somewhat surprising to Peter G. Angelos, a Baltimore attorney who had begun a power play five months earlier to purchase the Major League Baseball franchise that was being sold off via an auction nearly 200 miles away from its home on the Chesapeake Bay. In the hours leading up to the auction, Angelos managed to turn his sole competitor from a previous suspended bid for the team during June into a partner. William DeWitt Jr., a Cincinnati native whose father once owned the St. Louis Browns in the 1940s and a minority investor in the Texas Rangers, joined Angelos’ celebrity-led local group from Maryland just hours before the bidding was to begin in the sweltering Custom House. DeWitt was promised a role in the operations and management of the club.

It was an amazing coup for Angelos to pull DeWitt from being a worthy, legitimate competitor into a teammate that morning, after convincing him that he’d be involved and an influential part of the eventual winning group. It was shocking that DeWitt had pulled out because several times over the previous eight months, he was convinced that he was already the winning bidder and new owner of the Orioles.

In February 1993, after six months of lengthy, arduous negotiations on a fair price, DeWitt had entered into a deal with Orioles majority owner Eli Jacobs to buy the team for $141.3 million. Jacobs, who was in his final days of semi-liquidity and quietly on the verge of bankruptcy, didn’t have the legal authority to close the deal with DeWitt once the banks seized his assets in March. Instead, the Orioles wound up at auction five months later and suddenly Angelos – with DeWitt now shockingly a member of his ownership team – believed he would emerge victorious without breaking a sweat in the summer heat of The Big Apple.

But that afternoon, after entering the courtroom in what he believed would be a rubber-stamped win, instead he found himself embroiled in a bidding war with a stranger he never strongly considered to being a worthy foil in the fray.

Jeffrey Loria, a New York art dealer and Triple-A baseball team owner, wanted badly to be a Major League Baseball owner. Baltimore native and former NFL player Jean Fugett represented a group led by TLC Beatrice, which featured a rare minority bid for an MLB franchise on that day in New York. One bidder, Doug Jemal of Nobody Beats The Wiz electronics stores, had early interest but bowed out before the steamy auction.

That August day, the bidding began at $151.25 million, which included a “stalking fee” of $1.7 million which was originally awarded to DeWitt’s team because of his vast due diligence and legal work done months earlier when he thought he had won a deal to secure the Orioles in the spring.

George Stamas, who represented Angelos’ group during the bidding process, opened the bidding at $153 million, which was seen as a good faith gesture from the combined bid with DeWitt, which could’ve been perceived as artificially deflating the sale price by judge Cornelius Blackshear. Loria, who was a stranger to the Angelos group, immediately raised it by $100,000. Stamas barked out, “One million more – $154.1!”

And for the next 30 minutes, the bids drew north from the $150 millions into the $160s. With every bid, Loria would raise by $100,000. Stamas, on behalf of Angelos, raised it by $1 million at a time. After 13 rounds of back and forth money, Angelos had the leading bid $170 million. Fugett, who had been completely silent during the auction, asked the judge for a recess.

The request was granted and the judge headed to his chambers.

And, suddenly, it got even hotter in a blazing courtroom on a sweltering day in The Big

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Best-selling author/Orioles minority owner Clancy dies at 66

Posted on 02 October 2013 by WNST Staff

NEW YORK (AP) — Tom Clancy, whose high-tech, Cold War thrillers such as “The Hunt for Red October” and “Patriot Games” made him the most widely read and influential military novelist of his time, has died. He was 66.

Penguin Group (USA) announced that Clancy had died Tuesday in Baltimore. The publisher did not provide a cause of death.

Tall and thin, with round, sunken eyes that were often hidden by sunglasses, Clancy had said his dream had been simply to publish a book, hopefully a good one, so that he would be in the Library of Congress catalog. His dreams were answered many times over.

His novels were dependable best sellers, with his publisher estimating that worldwide sales top 100 million copies. Several, including “The Hunt for Red October,” ”Patriot Games” and “Clear and Present Danger,” were later made into blockbuster movies, with another based on his desk-jockey CIA hero, “Jack Ryan,” set for release on Christmas. Alec Baldwin, Ben Affleck and Harrison Ford were among the actors who played Ryan on screen. The upcoming movie stars Chris Pine, Keira Knightly and Kevin Costner, with Kenneth Branagh directing.

A political conservative who once referred to Ronald Reagan as “my president,” Clancy broke through commercially during a tense period of the Cold War, and with the help of Reagan himself. In 1982, he began working on “The Hunt For Red October,” basing it on a real incident in November 1975 with a Soviet missile frigate called the Storozhevoy. He sold the manuscript to the first publisher he tried, the Naval Institute Press, which had never bought original fiction.

In real life, the ship didn’t defect, but in Clancy’s book, published in 1984, the defection was a success. Someone thought enough of the book to give it to President Reagan as a Christmas gift. The president quipped at a dinner that he was losing sleep because he couldn’t put the book down — a statement Clancy later said helped put him on the New York Times best-seller list.

Clancy was admired in the military community, and appeared — though he often denied it — to have the kind of access that enabled him to intricately describe anything from surveillance to the operations of a submarine. He often played off — and sometimes anticipated — world events, as in the pre-9/11 paranoid thriller “Debt of Honor,” in which a jumbo jet destroys the U.S. Capitol during a joint meeting of Congress.

Earning million-dollar advances for his novels, he also wrote nonfiction works on the military and even ventured into video games, including the best-selling “Tom Clancy’s Ghost Recon: Future Soldier,” ”Tom Clancy’s Splinter Cell: Conviction” and “Tom Clancy’s Splinter Cell: Double Agent.” His recent Jack Ryan novels were collaborations with Mark Greaney, including “Threat Vector” and a release scheduled for December, “Command Authority.”

As of midday Wednesday, “Command Authority” ranked No. 40 on Amazon.com’s best seller list.

Born in Baltimore on April 12, 1947 to a mailman and his wife, Clancy entered Loyola College as a physics major, but switched to English as a sophomore. He later said that he wasn’t smart enough for the rigors of science, although he clearly mastered it well enough in his fiction.

Clancy stayed close to home. He resided in rural Calvert County, Md., and in 1993 he joined a group of investors led by Baltimore attorney Peter Angelos who bought the Baltimore Orioles from businessman Eli Jacobs. Clancy also attempted to bring a NFL team to Baltimore in 1993, but he later dropped out.

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