Peter Angelos, owner of a Baltimore Orioles team that endured long losing stretches and a shrewd proprietor of a law firm who won high-profile cases against industry titans, died Saturday. He was 94.

Angelos had been ill for several years. His family announced his death in a statement thanking the caregivers "who brought comfort to him in his final years."

Angelos' death comes as his son John is in the process of selling the Orioles to a group headed by Carlyle Group Inc. co-founder David Rubenstein.