Bucs expect Angelos to make bid tomorrow

January 08, 1995|By Jon Morgan | Jon Morgan,Sun Staff Writer

With Tampa Bay Buccaneers officials strongly hinting that they will decide the team's fate tomorrow, neither of Baltimore's prospective bidders would say whether they plan to formalize their offers on the team with a bid.

Orioles majority partner Peter Angelos, whose group has had more formal negotiating sessions than any other, would not comment on the negotiations.

Buccaneers officials have said they expect a bid from him by the close of business tomorrow, but they have incorrectly predicted bids from him and other investors several times in recent weeks.

Team spokesman Chip Namias said the trustees selling the team have not set a deadline for bids, but that the only written offer for the team expires tomorrow.

That offer, by a group of investors, including developer Tom Shannon and executives of the Outback Steakhouse chain, has been valued at about $150 million -- less than the trustees have said they think the franchise is worth.

"I think everyone thinks Monday is going to be a hectic day," Namias said. "They have to make a decision on the Shannon offer. If they had nothing else to choose from I guess the other bidders think they better get their bids in before that one expires."

Steve Story, one of the trustees, told reporters "Monday will be the day."

Robert Schulman, a Baltimore attorney who has represented groups bidding on the New England Patriots and Los Angeles Rams with an intention of bringing them to Baltimore, declined yesterday to discuss his efforts.

The Bucs said Schulman met on Friday with the trustees and expressed an interest in making a bid.

"All I can tell you is I was down there and that's all I can say," Schulman said.

Schulman has never revealed who the investors are he #i represents, leading some rivals to question the group's credibility. Schulman has said he prefers to avoid publicity.

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