Baltimore Orioles Secure 30-Year Lease Extension at Camden Yards

Deal includes option to end lease after 15 years pending approval of development plans, with access to $600 million for renovations.

The Baltimore Orioles have finalized a 30-year lease extension with the Maryland Stadium Authority, ensuring the team will remain at Camden Yards.
The lease includes an option to end it after 15 years if the Orioles do not receive approval from state officials for development plans next to the ballpark.
The Orioles have until the end of 2027 to reach an agreement on land redevelopment.
The lease extension allows access to up to $600 million in bonds for renovations at Camden Yards.
The deal was unanimously approved by the Maryland Stadium Authority and the state’s Board of Public Works.