Peter Angelos is probably going to live forever — such is the way of trial lawyers, bad baseball owners and the very, very rich — so really, the only hope that Orioles fans have for that franchise to turn around one day is if Angelos decides to sell.
And there are rumors that he’s doing just that:
The big rumor swirling around Baltimore is that Peter Angelos is quietly shopping the Orioles. Eric Bickel of 106.7 The Fan in D.C. disclosed the news Tuesday morning on The Sports Junkies.
“It’s my understanding that the Baltimore Orioles are quietly for sale,” Bickel told listeners. ”Peter Angelos is actively selling the team at least privately to some people around him.”
But don’t get too excited. The rumor also holds that Angelos wants to retain his interest in MASN and the TV rights to the Orioles, selling just the team.
Which makes zero sense as TV rights are a tremendous source of income for an owner. Who would want that kind of a deal? It’d be like buying a movie theater but not taking over the concession stand. Like buying a video store and not taking over the adult section.* There’s just no economic coherence to it.
But at least this rumor gives Orioles fans a chance to at least pretend that Angelos may be gone soon. And that’s not nothing.
*Do video stores still exist? I sort of think they don’t. Anyone?
Ken Rosenthal of The Athletic reports that there is a “one million percent” chance Yankees closer Aroldis Chapman will opt out once the season ends.
Just going by the math this makes perfect sense, of course.
Chapman signed a five-year, $86 million deal with the Yankees before the 2017 season. Pursuant to the terms of the deal he’ll make $15 million a year in 2020 and 2021 (he was given an $11 million signing bonus that was finished being paid out last year). This past season the qualifying offer was $17.9 million. Craig Kimbrel of the Cubs just signed a deal that will pay him $16 million in 2020, 2021, and 2022 (he’s making a prorated $16 million this year). Other top closer salaries at the moment include Kenley Jansen ($19,333,334); and Wade Davis ($18 million).
It’s fair to say that Chapman fits into that group and, I think it’s safe to say, more teams would take him than those guys if they were all freely available. As such, Chapman opting out to get more money makes all kinds of sense. Heck, opting out, getting slapped with a qualifying offer, accepting it and then hitting the market unencumbered after the 2020 season would stand him in better financial stead than if he didn’t opt-out in the first place.
The question is whether the Yankees will let it get that far or whether they’ll approach him to renegotiate the final couple of years on the deal or to add some years onto the back of it. If they’re smart they will.