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Ripken to be owner of O's??

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Ripken to be owner of O's??

Postby FalcoAtL » Thu Dec 14, 2006 10:39 pm

Rotoworld:

FOXSports.com's Ken Rosenthal reports that Peter Angelos and Cal Ripken Jr. are discussing a gradual transfer of ownership of the Orioles to a group that would include Ripken.
The sooner the better. However, Rosenthal reports the chances of such a sale occurring anytime soon are remote and that the 77-year-old Angelos may decide to leave the club to his sons rather than sell.
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Postby thedude » Thu Dec 14, 2006 11:10 pm

Well i am sure Ripken would be more of a figure head/ minority owner. There is no way he has the cash to buy even half of a baseball franchise.
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Postby Matthias » Thu Dec 14, 2006 11:57 pm

thedude wrote:Well i am sure Ripken would be more of a figure head/ minority owner. There is no way he has the cash to buy even half of a baseball franchise.

This was my first thought as well. He would make for a great frontman but wouldn't possess much in the way of control/ownership stake.
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Postby Callahan » Fri Dec 15, 2006 12:31 am

I would expect Angelos to give it to his sons. Selling to the Ripken group would be a huge hit with the fans, and if there's anything we should expect from Angelos, it's the dick move.
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Postby GotowarMissAgnes » Fri Dec 15, 2006 1:20 am

Callahan wrote:I would expect Angelos to give it to his sons. Selling to the Ripken group would be a huge hit with the fans, and if there's anything we should expect from Angelos, it's the dick move.


Unless Ripken has some interesting pictures and Angelos and his sons.
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Postby Pogotheostrich » Fri Dec 15, 2006 9:48 am

Matthias wrote:
thedude wrote:Well i am sure Ripken would be more of a figure head/ minority owner. There is no way he has the cash to buy even half of a baseball franchise.

This was my first thought as well. He would make for a great frontman but wouldn't possess much in the way of control/ownership stake.
Ownership yes but control could be a different issue. Isn't Lucchino a minority owner in the Red Sox? He seems to a lot of power within the organization.
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Postby Matthias » Fri Dec 15, 2006 10:40 am

Pogotheostrich wrote:
Matthias wrote:
thedude wrote:Well i am sure Ripken would be more of a figure head/ minority owner. There is no way he has the cash to buy even half of a baseball franchise.

This was my first thought as well. He would make for a great frontman but wouldn't possess much in the way of control/ownership stake.
Ownership yes but control could be a different issue. Isn't Lucchino a minority owner in the Red Sox? He seems to a lot of power within the organization.

At the grace of John Henry. There's an adage that, in a privately-held firm, 50.1% of ownership is worth everything and 49.9% is worth nothing.

Lucchino's influence stems from his position as club President and CEO. But he could be forced out if the rest of the ownership group decided to get him out. I don't know the ownership structure, if John Henry has controlling interest or merely the largest interest (51% vs say 35%). But being a minority owner means you're basically just there along for the ride.
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Postby thedude » Fri Dec 15, 2006 12:16 pm

Matthias wrote:
Pogotheostrich wrote:
Matthias wrote:
thedude wrote:Well i am sure Ripken would be more of a figure head/ minority owner. There is no way he has the cash to buy even half of a baseball franchise.

This was my first thought as well. He would make for a great frontman but wouldn't possess much in the way of control/ownership stake.
Ownership yes but control could be a different issue. Isn't Lucchino a minority owner in the Red Sox? He seems to a lot of power within the organization.

At the grace of John Henry. There's an adage that, in a privately-held firm, 50.1% of ownership is worth everything and 49.9% is worth nothing.

Lucchino's influence stems from his position as club President and CEO. But he could be forced out if the rest of the ownership group decided to get him out. I don't know the ownership structure, if John Henry has controlling interest or merely the largest interest (51% vs say 35%). But being a minority owner means you're basically just there along for the ride.


Look at How much influence minority ownes like Tom Warner has. He is an owner and gets consulted sometimes, but all of the power lies with John Henry.
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Postby acsguitar » Fri Dec 15, 2006 12:39 pm

I'm not a fan of CAL. Growing up in the DC area thats all you heard CAL this and CAL that. Then I'd see interviews with him or listen to his show on XM radio and he seems pretty arrogant to me.

But he would be better then Angelos :-D
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