Current:Home > InvestMaryland Gov. Wes Moore says Orioles lease at Camden Yards headed to a vote -AlphaFinance Experts
Maryland Gov. Wes Moore says Orioles lease at Camden Yards headed to a vote
View
Date:2025-04-12 10:35:01
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! (4712)
Related
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Georgia Gov. Brian Kemp meets South Korean President Yoon Suk Yeol during overseas trip
- First tropical storm warning of hurricane season issued as coastal Texas braces for possible flooding
- Shooter who killed 5 at a Colorado LGBTQ+ club set to plead guilty to federal hate crimes
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Rebellious. Cool. Nostalgic. Bringing ‘The Bikeriders’ to life, and movie theaters
- Zac Efron Admits His Younger Siblings Are Getting Him Ready for Fatherhood
- NYU student accuses roommate of stealing over $50,000 worth of clothes, handbags and jewelry, court documents say
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- 'Partners in crime:' Boston Celtics stud duo proves doubters wrong en route to NBA title
Ranking
- Paris Olympics live updates: Quincy Hall wins 400m thriller; USA women's hoops in action
- Chrysler, General Motors, Toyota, Kia among 239k vehicles recalled: Check car recalls here
- Los Angeles will pay $300,000 to settle a lawsuit against journalist over undercover police photos
- Gamestop shares slump following annual shareholder meeting
- 3 years after the NFL added a 17th game, the push for an 18th gets stronger
- Catastrophic Titan sub disaster: A year later the search for answers continues.
- Billy Ray Cyrus Files for Temporary Restraining Order Against Ex Firerose Amid Divorce
- 9 people hurt in Indianapolis stabbings outside strip mall
Recommendation
What to watch: O Jolie night
Justin Timberlake Arrested for DWI in New York
No survivors as twin-engine Cessna crashes in Colorado mobile home park
John J. York opens up about 'very welcoming' return to 'General Hospital' amid cancer battle
Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
Tokyo Olympic star Caeleb Dressel makes his debut at US swim trials, advancing in the 100 free
Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera
What's open and closed on Juneteenth 2024? Details on Costco, Walmart, Starbucks, Target, more