Current:Home > BackMaryland Gov. Wes Moore says Orioles lease at Camden Yards headed to a vote-DB Wealth Institute B2 Expert Reviews
Maryland Gov. Wes Moore says Orioles lease at Camden Yards headed to a vote
View Date:2024-12-25 00:04:36
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! (7)
Related
- NBA players express concern for ex-player Kyle Singler after social media post
- Missy Elliott has the most euphoric tour of the summer and this is why
- Trump campaign projects confidence and looks to young male voters for an edge on Harris
- Golden Steph: Curry’s late barrage seals another Olympic men’s basketball title, as US beats France
- What is prize money for NBA Cup in-season tournament? Players get boost in 2024
- Rumer Willis Claps Back at Critics Over Her Promotion of Sex Toys
- Georgia lawmaker charged with driving under influence after hitting bicycle in bike lane of street
- US Coast Guard patrol spots Russian military ship off Alaska islands
- The 10 Best Cashmere Sweaters and Tops That Feel Luxuriously Soft and Are *Most Importantly* Affordable
- What is Angelman syndrome? Genetic disorder inspires Colin Farrell to start foundation
Ranking
- The Daily Money: Mattel's 'Wicked' mistake
- What to watch: Cate Blanchett gets in the game
- Zoë Kravitz and Fiancé Channing Tatum Step Up Their Romance With Red Carpet Debut
- Trump is putting mass deportations at the heart of his campaign. Some Republicans are worried
- Kansas basketball vs Michigan State live score updates, highlights, how to watch Champions Classic
- Venezuelan founder of voting machine company targeted by Trump allies is indicted on bribery charges
- How USWNT's 'Triple Trouble' are delivering at Olympics — and having a blast doing it
- Everyone agrees there’s a homeless crisis in the US. Plans to address it vary among mayor candidates
Recommendation
-
US inflation may have picked up in October after months of easing
-
Quantum Ledger Trading Center: Navigate the Best Time to Invest in Cryptocurrencies
-
Hirono is heavily favored to win Hawaii’s Democratic primary as she seeks reelection to US Senate
-
Quantum Ledger Trading Center: Bull Market Launch – Seize the Golden Era of Cryptocurrencies
-
Black and Latino families displaced from Palm Springs neighborhood reach $27M tentative settlement
-
Disney shows fans ‘Moana 2' footage, reveals ‘Toy Story 5' and ‘Incredibles 3' are also coming
-
USA's Sunny Choi, Logan Edra knocked out in round robin stage of Olympic breaking
-
Arizona Residents Fear What the State’s Mining Boom Will Do to Their Water