New Orioles Lease Agreement Imminent, Says Maryland Governor
Governor Wes Moore expresses confidence in securing a long-term deal before the current lease expires at year's end.
- Maryland Governor Wes Moore has expressed confidence that a new lease agreement with the Baltimore Orioles is imminent, with the current lease set to expire at the end of the year.
- The governor's comments came after a meeting of the state's Board of Public Works, which would need to approve the final deal.
- Moore emphasized that the new lease would be a long-term agreement and that the state is committed to ensuring the best deal for taxpayers.
- Maryland Treasurer Dereck Davis, a board member who had previously expressed concerns about the negotiations, said he was confident an agreement will be reached before the end of the year.
- Senate President Bill Ferguson had expressed concerns about a 99-year development rights agreement for areas surrounding the ballpark included in a September agreement, citing uncertainties about the future ownership of the team.