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United States men's basketball team win the gold medal at the Atlanta Olympics

With the U.S. men’s team winning the gold medal, Scottie Pippen would become the first person to win NBA championship and Olympic gold medal in the same year twice, having played for Chicago Bulls in the NBA Finals. He had played for the Bulls in 1992 and later that year, for the "Dream Team" at the Barcelona Olympics.


Peter Angelos purchases the Baltimore Orioles for $173 million

In 1993 Angelos assembled a group of investors to purchase the Orioles from New York venture capitalist Eli Jacobs. While Angelos was the principal investor, contributing $40 million, his fellow Oriole group owners included novelist Tom Clancy, filmmaker Barry Levinson, and tennis player Pam Shriver.

Anniversaries of the (in)famous