NEWS
By Childs Walker and Childs Walker,childs.walker@baltsun.com | April 6, 2009
After 11 straight losing seasons, the Orioles might struggle to fill Camden Yards in any economy. This year, they'll try to sell a struggling product in the bleakest financial climate since the Great Depression. "If you don't have a strong-performing team, you're in a really vulnerable situation," said John Moag, chairman of Moag & Co., a Baltimore-based investment banking firm that focuses on sports. "That hasn't been the case in past recessions." Orioles officials say that with the season opening today at Camden Yards, it's too early to know how much they'll be hurt by the recession.
SPORTS
By Mike Klingaman and Mike Klingaman,Sun Reporter | July 12, 2008
Can a women's professional basketball team make it in Baltimore? "Absolutely," said Brenda Frese, coach of the University of Maryland women's basketball team. "Won't happen," said John Moag, former Maryland Stadium Authority chairman. Frese and Moag represent divergent opinions in the wake of Thursday's announcement by Baltimore Mayor Sheila Dixon that the WNBA has told her a franchise could settle here if the city builds an arena. Get in line, Baltimore. "I'm really encouraged by all of the cities we are currently engaged with that really have serious interest in the WNBA," league president Donna Orender told ESPN on Thursday night.
SPORTS
By Childs Walker and Childs Walker,SUN REPORTER | October 21, 2007
As baseball moves toward the World Series, the Orioles are mere spectators again after completing a 10th straight losing season and finishing with the second-worst average attendance in their 16 years at Camden Yards. But if you think those failures on the field and at the box office have diminished the franchise's value, think again. Because of the excellent fiscal health of Major League Baseball, the creation of the Mid-Atlantic Sports Network by Orioles owner Peter Angelos and the league, and the continuing adoration for Camden Yards, the Orioles are worth more than ever before, investment bankers and financial analysts say. The team is valued at about $400 million, says John A. Moag, president of Moag and Co., a Baltimore-based investment banking firm that specializes in sports transactions.
SPORTS
By Ed Waldman and Ed Waldman,SUN STAFF | January 22, 2005
When potential ownership groups travel to New York to inspect the financial records of the Washington Nationals, they will be confronted with reams of documents and mountains of figures. But it's the figure they won't see - can't see because it doesn't exist yet - that may be the most important of all. How much revenue the Nationals will get from their local television deal remains a huge question mark. And negotiations between Major League Baseball and Peter Angelos over how the Orioles will be financially protected from competition in the market for the first time in 34 years are dragging toward their fourth month.
SPORTS
By Christian Ewell and Christian Ewell,SUN STAFF | March 21, 2003
After four years heading the Maryland Stadium Authority, John Brown is on the way out, and personnel company executive Carl Wright is expected to replace him as chairman. Wright, 48, chaired the Ehrlich-Steele Inaugural Committee and was nominated last month by Gov. Robert L. Ehrlich Jr. for the unpaid, patronage post. Federal Hill resident Bob McKinney, 52, will join Wright as the other newcomer to the agency's board, replacing F. Vernon Boozer. The appointments got preliminary approval earlier this week from a Senate committee.
SPORTS
By Jon Morgan and Jon Morgan,SUN STAFF | December 6, 2001
John Moag, who in 1995 persuaded the Cleveland Browns to move to Baltimore, where they were renamed the Ravens, has left Legg Mason Wood Walker to start his own firm. "This is something I've always wanted to do, to own my own company," said Moag, 47, whose eight-employee Moag and Co., devoted to sports finance, was to open today. As the volunteer chairman of the Maryland Stadium Authority from 1995 to 1998, Moag negotiated the relocation of the NFL Browns franchise and oversaw the construction of PSINet Stadium.