Peter G. Angelos, Owner of the Baltimore Orioles, Dies at 94

Peter G. Angelos, the longtime owner of the Baltimore Orioles who built a fortune as a class-action lawyer, died on Saturday. He was 94.

His death was confirmed in a statement from his family that was posted on the team’s social media account, which said that Mr. Angelos had “passed away quietly.” No cause was given, though the statement acknowledged that he had been ill for several years.

Mr. Angelos’s death came as his family awaited approval by Major League Baseball owners to sell the team — valued, along with its assets, at $1.725 billion, according to The Baltimore Sun — to David Rubenstein, the president of Inner Harbor Sports.

The sale was approved on March 20 by the Maryland Stadium Authority board, which was required under the terms of the team’s lease for ownership to be transferred.

As the owner of the Orioles, Mr. Angelos, who grew up in Baltimore, endeared himself to fans by investing in free agents to bolster the team.

“Peter Angelos was a true Baltimorean,” Brandon M. Scott, the city’s mayor, said on social media. “His impact on Baltimore & Baltimoreans will live for generations.”