{"id":433771,"date":"2023-08-24T17:44:51","date_gmt":"2023-08-24T17:44:51","guid":{"rendered":"https:\/\/yebscore.com\/news\/?p=433771"},"modified":"2023-08-24T17:44:51","modified_gmt":"2023-08-24T17:44:51","slug":"orioles-owner-john-angelos-fans-shouldnt-get-their-hopes-up-on-retaining-young-stars-without-price-raise","status":"publish","type":"post","link":"https:\/\/yebscore.com\/news\/orioles-owner-john-angelos-fans-shouldnt-get-their-hopes-up-on-retaining-young-stars-without-price-raise\/","title":{"rendered":"Orioles Owner John Angelos: Fans Shouldn&#8217;t Get Their Hopes Up On Retaining Young Stars Without Price Raise"},"content":{"rendered":"<p>In recent months, Orioles CEO and Chairman John Angelos has frequently contrasted his idea for Camden Yards with The Battery neighbourhood close to Truist Park for the Atlanta Braves.<\/p>\n<h2>Orioles Owner John Angelos: Fans Shouldn&#8217;t Get Their Hopes Up On Retaining Young Stars Without Price Raise<\/h2>\n<p>Only the Oakland Athletics, who in recent years had a similarly good young core but gradually moved those players away before becoming the majors&#8217; worst team in 2023, had a lower player payroll than Baltimore when the season began.<\/p>\n<p>The Orioles, on the other hand, have the best record in the American League and have a low payroll in part due to the fact that many of their players are young and have not yet reached the more expensive stage of their careers.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">John Angelos hints the Orioles won\u2019t extend their young stars without \u201cdramatically\u201d raising prices at the ballpark. <a href=\"https:\/\/twitter.com\/Russ_Dorsey1?ref_src=twsrc%5Etfw\">@Russ_Dorsey1<\/a> and I give our thoughts. <a href=\"https:\/\/twitter.com\/TheRally?ref_src=twsrc%5Etfw\">@TheRally<\/a> <a href=\"https:\/\/t.co\/mVqmknqbZc\">pic.twitter.com\/mVqmknqbZc<\/a><\/p>\n<p>&mdash; Brooke Fletcher (@BrookeFletcher) <a href=\"https:\/\/twitter.com\/BrookeFletcher\/status\/1694400077542875267?ref_src=twsrc%5Etfw\">August 23, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Orioles are unlikely to follow the Braves in signing several of their core players to long-term contract extensions, according to Angelos, who spoke to The New York Times.<\/p>\n<p>\u201cWe\u2019re going to have to raise the prices here \u2014 dramatically,\u201d Angelos told The Times in terms of what he saw as the only way for the Orioles to retain their collection of young stars.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">John Angelos Just Can&#39;t Stop Shoving His Foot Down His Throat After Randomly Coming Out To Say It Will Be Tough For The &quot;Small Market&quot; Orioles To Keep Their Young Stars <a href=\"https:\/\/t.co\/ec9RduP3KV\">https:\/\/t.co\/ec9RduP3KV<\/a> <a href=\"https:\/\/t.co\/ZdCKfT9RuI\">pic.twitter.com\/ZdCKfT9RuI<\/a><\/p>\n<p>&mdash; Barstool Are Dee Tee (@editti22) <a href=\"https:\/\/twitter.com\/editti22\/status\/1693633635121783188?ref_src=twsrc%5Etfw\">August 21, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Angelos elaborated on his remark concerning price increases, stating that the team will swiftly find itself &#8220;underwater&#8221; with significant agreements.<\/p>\n<p>\u201cLet\u2019s say we sat down and showed you the financials for the Orioles,\u201d he said. \u201cYou will quickly see that when people talk about giving this player $200 million, that player $150 million, we would be so financially underwater that you\u2019d have to raise the prices massively. Now, are people going to come and pay that? I don\u2019t know if we\u2019re at the limit, to your point. I don\u2019t know if we\u2019re in equilibrium elasticity, supply and demand. Maybe we are. But really that\u2019s just one team. What I\u2019m really trying to think about is macro.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">John Angelos: Orioles have to raise prices &#39;dramatically&#39; to keep young stars <a href=\"https:\/\/t.co\/gdSOrJIB5r\">https:\/\/t.co\/gdSOrJIB5r<\/a> <a href=\"https:\/\/t.co\/vqdLvHXAJc\">pic.twitter.com\/vqdLvHXAJc<\/a><\/p>\n<p>&mdash; theScore MLB (@theScoreMLB) <a href=\"https:\/\/twitter.com\/theScoreMLB\/status\/1693652698078564364?ref_src=twsrc%5Etfw\">August 21, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The issue with Angelos&#8217; accusations is that the company was able to maintain payroll levels up to $160 million not so long ago and still generate a profit. Payroll for this year is about $72 million.<\/p>\n<p>For the Baltimore Orioles, the future is now. The Orioles have pulled everything together this season after years of rebuilding and are leading the very competitive American League East with a 77-47 mark, which also happens to be the best mark in the whole AL.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Baltimore Orioles organization if John Angelos wasn\u2019t the owner <a href=\"https:\/\/t.co\/HwFsHgxkFb\">pic.twitter.com\/HwFsHgxkFb<\/a><\/p>\n<p>&mdash; \ud835\ude46am Brice (@kambrice1tv) <a href=\"https:\/\/twitter.com\/kambrice1tv\/status\/1693649017798897740?ref_src=twsrc%5Etfw\">August 21, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Orioles have a much harder difficulty spending money to sign marquee players since they are a small-market MLB franchise. Their youthful, skilled core has been the foundation of their success this season, but Baltimore will need to spend money to keep them around. Angelos bluntly stated that, given their situation, prices are going to have to be increased for fans over the next few years.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>FOR MORE SPORTS COVERAGE-\u00a0<\/strong><\/p>\n<p><a title=\"Jets Corey Davis Announces Retirement After 6 Seasons: Why?\" href=\"https:\/\/yebscore.com\/news\/jets-corey-davis-announces-retirement-after-6-seasons-why\/\" rel=\"bookmark\">Jets Corey Davis Announces Retirement After 6 Seasons: Why?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recent months, Orioles CEO and Chairman John Angelos has frequently contrasted his idea for Camden Yards with The Battery neighbourhood close to Truist Park for the Atlanta Braves. Orioles Owner John Angelos: Fans Shouldn&#8217;t Get Their Hopes Up On Retaining Young Stars Without Price Raise Only the Oakland Athletics, who in recent years had [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":433772,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[115,54],"tags":[13991,13992,3265,2221,13217,13993],"class_list":["post-433771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore-orioles","category-mlb","tag-john-angelos","tag-john-angelos-young-stars","tag-mlb-2023","tag-mlb-news","tag-orioles-news","tag-orioles-young-stars"],"acf":[],"_links":{"self":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts\/433771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/comments?post=433771"}],"version-history":[{"count":0,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/posts\/433771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/media\/433772"}],"wp:attachment":[{"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/media?parent=433771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/categories?post=433771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yebscore.com\/news\/wp-json\/wp\/v2\/tags?post=433771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}