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Orioles' Long-Term Lease at Camden Yards Set for State Vote

The agreement, prioritizing Maryland taxpayers and the City of Baltimore, follows a 30-year deal announced by the Orioles in September.

  • The long-term lease agreement for the Baltimore Orioles at Camden Yards is set to go to a vote by state officials next week.
  • The current lease, owned by the state of Maryland, is due to expire at the end of the month.
  • The new agreement is said to embody three core principles: a long-term deal that keeps baseball in Baltimore, prioritizes Maryland taxpayers, and benefits the entire City of Baltimore.
  • The Orioles announced a new 30-year deal to stay at the ballpark in September, which included a 99-year development rights agreement for areas surrounding the ballpark.
  • Last year, the state increased bond authorization for M&T Bank Stadium and Camden Yards, allowing borrowing of up to $600 million for each stadium.
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