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Orioles official: 'Absolutely no truth' to rumors that Angelos considering sale of club

An Orioles official said today there is “absolutely no truth” to fresh rumors that owner Peter Angelos is shopping the club.

Eric Bickel, a radio host on 106.7 The Fan in Washington, said Tuesday that he had heard Angelos was quietly discussing a sale of the Orioles. Bickel said Angelos was looking to sell the team but not his majority share in the Mid-Atlantic Sports Network, which broadcasts Orioles and Washington Nationals games.

MASN is probably worth more than the team, and the Orioles would be a significantly less appealing purchase if the network was not included, according to investment bankers familiar with the baseball industry.

Rumors that Angelos is considering a sale have become annual grist for Baltimore-area sports fans, desperate to see the Orioles end their streak of 14 straight losing seasons.

Copyright © 2015, The Baltimore Sun
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