Luskin, Miles say they want Orioles

August 08, 1991|By Jon Morgan | Jon Morgan,Evening Sun Staff

Imagine for a minute Steven L. Miles -- one of America's most heavily advertising lawyers -- leaving the courtroom and heading for the dugout of the Baltimore Orioles Inc.

Miles said today that he and his uncle, appliance store magnate Jack Luskin, have written Orioles president Larry Luchinno to say they are interested in buying the team.

They haven't heard back and haven't approached current owner Eli Jacobs, but Miles said he and Luskin are very interested in keeping the team in town. And if they do buy the team, Miles said he would sell his law firm to associates and take over the team's day-to-day operation.

"I would step out of law and run the team," Miles said.

He said his letter to Luchinno, dated July 24, outlines a deal whereby Luskin would buy 100 percent of the team and turn over 5 percent of it to Miles. Jacobs, who said in June that he was considering some offers for the team, has never publicly acknowledged an asking price. But people who have contacted Jacob's investment advisors say they want to get $180 million.

Miles said his uncle "Has got the resources. He's a very wealthy man."

Luskin was not available for comment. Miles said the group would prefer to see Leonard "Boogie" Weinglass, owner of Merry-Go-Round Enterprises Inc. clothing store company, buy the team. Weinglass has expressed an interest in the team.

"If he [Weinglass] could get his deal together we would drop out of it," Miles said. "He wanted it first."

He said Luchinno may also be an investor, but would probably not have a day-to-day operational duty.

"The idea would not be to come in and clean house," Miles said.

Miles said he is concerned a new owner could buy out the Orioles' 15-year lease at the new downtown stadium and move the team out of town.

"I question about whether Jacobs really cares one way or the other," Miles said.

Jacobs has refused to comment on the status of the team since saying in June that he was considering selling. He said the time demands of owning the team had grown too great.

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