Current:Home > StocksMaryland Gov. Wes Moore says Orioles lease at Camden Yards headed to a vote -MoneySpot
Maryland Gov. Wes Moore says Orioles lease at Camden Yards headed to a vote
View
Date:2025-04-22 22:42:39
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! (2)
Related
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Patrick Mahomes leads Chiefs to 26-7 playoff win over Miami in near-record low temps
- Tennis balls are causing arm injuries, top players say. Now, a review is underway
- Dog rescued after surviving 60-foot fall from Michigan cliff and spending night alone on Lake Superior shoreline
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Taiwan president-elect Lai Ching-te has steered the island toward democracy and away from China
- Fire from Lebanon kills 2 Israeli civilians as the Israel-Hamas war rages for 100th day
- Japan’s Kishida visits quake-hit region as concerns rise about diseases in evacuation centers
- Travis Hunter, the 2
- See how people are trying to stay warm for Chiefs vs. Dolphins at frigid Arrowhead Stadium
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Mexico sent 25,000 troops to Acapulco after Hurricane Otis. But it hasn’t stopped the violence
- Kalen DeBoer is a consummate ball coach. But biggest unknown for Alabama: Can he recruit?
- Jason Isbell on sad songs, knee slides, and boogers
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- As the auto industry pivots to EVs, product tester Consumer Reports learns to adjust
- CVS closing dozens of pharmacies inside Target stores
- John Kerry to step down after 3 years as Biden's top climate diplomat
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
U.K. archaeologists uncover ancient grave holding teen girl, child and treasures: Striking discovery
Ceiling in 15th century convent collapses in Italy during wedding reception, injuring 30 people
CVS closing dozens of pharmacies inside Target stores
SFO's new sensory room helps neurodivergent travelers fight flying jitters
A man is charged in a 2013 home invasion slaying and assault in suburban Philadelphia
Man wrongfully convicted of sexual assault gets $1.75 million after 35 years in prison
Thousands at Saturday 'March for Gaza' in Washington DC call for Israel-Hamas cease-fire