Current:Home > InvestMaryland Gov. Wes Moore says Orioles lease at Camden Yards headed to a vote -BrightFuture Investments
Maryland Gov. Wes Moore says Orioles lease at Camden Yards headed to a vote
View
Date:2025-04-18 11:28:02
ANNAPOLIS, Md. (AP) — A long-term agreement between the Baltimore Orioles and the Maryland Stadium Authority for a new lease at Camden Yards is moving forward for a vote by state officials next week, Gov. Wes Moore announced.
The agreement is slated to go before the Maryland Stadium Authority on Monday. It also is expected to go before the state’s Board of Public Works later that day.
“This historic agreement embodies the three core principles I laid out at the beginning of this process: this is a long term deal that will keep baseball in Baltimore for all to enjoy, that puts all Maryland taxpayers at the top of mind, and that benefits the entire City of Baltimore,” Moore said in a statement.
The governor’s office has yet to release details about the agreement.
“I know for many this process has been long, and the team that worked on securing this deal has done so diligently with the best interests of the taxpayer in mind,” the governor said in a statement. “The Orioles are a treasured part of the Baltimore community and I know I speak for all Marylanders when I say we are so excited to see the impact they will make on the City of Baltimore and across the state for years to come.”
The Orioles’ lease at Camden Yards, which is owned by the state of Maryland, expires at the end of the year. In September, the team dramatically announced a new 30-year deal to stay at the ballpark — a message to that effect appeared on the scoreboard in the middle of a game the night the team clinched the AL East. The next day, the governor’s office released details of a memorandum of understanding involving Moore, the team and the Maryland Stadium Authority.
The September agreement included a 99-year development rights agreement for areas surrounding the ballpark, including the warehouse and Camden Station. That was a sticking point last week for Senate President Bill Ferguson, a Baltimore Democrat, whose district includes the stadium, and the Moore administration said it would work to address those concerns before moving forward.
Last year, the state increased bond authorization for M&T Bank Stadium, home of the Baltimore Ravens, and Camden Yards. The measure allowed borrowing of up to $600 million for each stadium.
veryGood! (5)
Related
- Highlights from Trump’s interview with Time magazine
- Shannon Sharpe joining 'First Take' alongside Stephen A. Smith this fall, per report
- Mortgage rates continue to climb — and could reach 8% soon
- Europe gets more vacations than the U.S. Here are some reasons why.
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Michael Oher, Tuohy family at odds over legal petition, 'Blind Side' money: What we know
- IRS agent fatally shot during training exercise at north Phoenix firing range
- Angelina Jolie's LBD With Cutouts Is a Sexy Take on the Quiet Luxury Trend
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Idina Menzel is done apologizing for her emotions on new album: 'This is very much who I am'
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Florida ethics commission chair can’t work simultaneously for Disney World governing district
- Maui emergency chief resigns following criticism of wildfire response
- Jeremy Allen White Has a Shameless Reaction to Alexa Demie's Lingerie Photo Shoot
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- 'Motivated by insatiable greed': Miami real estate agent who used PPP funds on Bentley sentenced
- Canadian woman sentenced to nearly 22 years for sending ricin letter to Trump
- Rail whistleblowers fired for voicing safety concerns despite efforts to end practice of retaliation
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
How to treat dehydration: What to do if you are dehydrated, according to an expert
Mississippi seeks new court hearing to revive its permanent stripping of some felons’ voting rights
How And Just Like That Gave Stanford Blatch a Final Ending After Willie Garson's Death
Small twin
Second quarter Walmart sales were up. Here's why.
How And Just Like That Gave Stanford Blatch a Final Ending After Willie Garson's Death
Thousands more Mauritanians are making their way to the US, thanks to a route spread on social media