BALTIMORE — The former owner of the Baltimore Orioles, Peter Angelos, has died at the age of 94.
In a statement from the Orioles organization, Angelos has been ill for several years, indicating his battle with advanced-stage dementia.
Their statement goes on to say “the family thanks the doctors, nurses, and caregivers who brought comfort to him in his final years.”
According to the report, it was Angelos’ wish to have a private burial, and donations may be sent to charity in lieu of flowers.
Angelos, the family Patriarch purchased the Orioles from Eli Jacobs back in 1993 for $173 million.
Over the past several years, before selling, Peter's health has deteriorated forcing him to relinquish team control to his son John, leading to court battles with brother Lewis over their father's assets.
In January, the Angelos family, agreed to sell the team to a group led by billionaire private equity investor David Rubenstein for $1.725 billion.
Rubenstain had this to say about the late owner's passing.
I offer my deepest condolences to the Angelos family on the passing of Peter Angelos. Peter made an indelible mark first in business and then in baseball. The city of Baltimore owes him a debt of gratitude for his stewardship of the Orioles across three decades and for positioning the team for great success.
Commissioner of Baseball Robert D. Manfred, Jr has also issued a statement:
Peter Angelos was a proud native of Baltimore who deeply appreciated owning the Baltimore Orioles. Peter’s lifetime of philanthropy greatly benefited numerous worthy causes throughout his hometown. He championed the Orioles’ historic 1999 series with the Cuban National Team. Peter ably served the game on our Labor Committee, and I will always remember his personal support when I was first elected to this role in his home city in 2014.
On behalf of Major League Baseball, I send my condolences to Peter’s wife, Georgia, their sons John and Louis, and the entire Angelos family.
Peter was a significant influence in Baltimore for decades. His impact on our region through his ownership of the Orioles and his many charitable contributions has been undeniable.
Peter and I had a good relationship and following my retirement, his generosity towards our family’s foundation and assistance in making the IronBirds an Orioles affiliate in our hometown were greatly appreciated
Laura and I have Georgia and the Angelos family in our thoughts today.
