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Read the entire article here on the Washington Post website.

Baseball Owners Approve Expos' Move to Washington
Orioles Owner Angelos Is Lone Objector
By Barry Svrluga and Thomas Heath
Washington Post Staff Writer
Friday, December 3, 2004; 12:37 PM


Major League Baseball's owners voted today to approve the relocation of its Montreal franchise to Washington for the 2005 season despite a lone objection from Baltimore Orioles owner Peter Angelos.

The owners voted 29-1 in favor of the move in a conference call today. The approval is contingent on District officials meeting the conditions of the deal they struck with baseball to provide a new stadium on the Anacostia River. The final vote on the stadium deal -- which has come under constant scrutiny since MLB announced its intentions to move here in September -- is scheduled for Dec. 14.

Commissioner Bud Selig decided to hold the vote despite the fact that baseball hasn't worked out a compensation package with Angelos, who has long opposed the return of baseball to Washington because of what he believes will be a negative financial impact on his franchise.

As recently as last evening, Angelos's representatives and MLB officials were trying to work out a deal. Angelos is seeking a guarantee that the Orioles not sell for less than $365 million should he decide to sell it. He also wants a guarantee that local revenues would not fall below $125 million. Most importantly, he is seeking a deal that would give the Orioles the majority of revenues from a regional sports network that would broadcast games for both the Orioles and the Washington franchise, which have been renamed the Nationals.
 
Posts: 15761 | Location: Baseball Wonderland | Registered: March 12, 2001Reply With QuoteEdit or Delete MessageReport This Post
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