Angelos offers to buy all or part of Raiders

November 07, 1994|By Jon Morgan | Jon Morgan,Sun Staff Writer

Peter Angelos has offered to buy all or part of the Los Angeles Raiders, although the team's owner appears likely to wait and see what happens with Los Angeles' other NFL team before making a move.

Angelos, the controlling partner of the Orioles, also is in negotiations with the Los Angeles Rams, trying to get them to move to Baltimore.

The Rams are expected to decide before the end of the year whether to stay in Anaheim or move to St. Louis or Baltimore.

Angelos has met several times with Raiders owner Al Davis, most recently a few weeks ago, according to sources familiar with the discussions.

Two weeks ago, Angelos denied a television report saying he was negotiating with another team, but said he knew of a team that might become available and intended to pursue it.

When asked in recent days about the Raiders, he declined to comment.

Davis declined last week to discuss Baltimore's football efforts, and he and his spokesman were unavailable to comment yesterday.

Sources familiar with the Raiders talks describe them as far less advanced than the Rams negotiations. And, they caution, Davis has spoken with several communities about moving over the years.

With the Rams talking seriously about moving, Davis could take over sole possession of the nation's second-largest market.

But Davis repeatedly has complained about the condition of the Los Angeles Coliseum, an old facility that lacks many of the money-making amenities of modern stadiums.

"Absent a new stadium opportunity, that guy is going to move," one source familiar with the Raiders talks said.

Davis is committed to playing only through this season in Los Angeles, and Oakland, Calif., former home of the Raiders, is preparing an offer, among other cities.

Angelos' offer to Davis mirrors the deal he's proposed to the Rams: a group of Maryland investors, headed by Angelos, would purchase a minority stake in the team, but eventually would control the franchise.

Baltimore has public funding in place to build an open-air, football-only stadium adjacent to Oriole Park. A team playing there would earn all the profits from seating, advertising and sky boxes and would have to pay either a percentage of profits in rent or cover game-day expenses.

Earlier this year, Angelos offered to buy the Tampa Bay Buccaneers, but was rebuffed. He is expected to renew that offer at the end of the season.

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