November 17, 2024

State of Maryland and Baltimore Orioles work out a long-term lease agreement

BALTIMORE — The Governor’s office announced Thursday that they have worked out a long-term leasing agreement between Maryland Stadium Authority and the Baltimore Orioles.

In a statement from the Governor’s office, the Orioles are being advanced for approval to the Maryland Stadium Authority Board and then to the Maryland Board of Public Works on Monday.

Orioles lease saga: Timeline of twists and turns in past year of  negotiations – Baltimore Sun

“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,” said Governor Wes Moore.

Moore continued by saying, “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.”

“I’m proud to say today that a long-term agreement between the Maryland Stadium Authority and the Baltimore Orioles is being advanced for approval to the Maryland Stadium Authority Board and then to the Maryland Board of Public Works on Monday. 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.

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 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.”

Governor Wes Moore

The Orioles organization also released a comment stating they appreciate the ongoing work in bringing this agreement to a close.

“We appreciate the hard work that has gone into bringing this agreement down to the finish line, and we’re grateful to the Maryland Stadium Authority, the Governor’s team, and, of course, everyone here at the Orioles Organization.”

Speaker of the House Adrienne Jones said he’s pleased with the new lease agreement.

“I am pleased that the Baltimore Orioles will continue to play at Camden Yards,” said Jones. “The team and complex are critical to the future success of downtown Baltimore, and it is important that we get it right.”

 

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