O’s to decline Camden Yards extension, join governor in pushing to revamp stadium district

Wes Moore and the Baltimore Orioles and Maryland Gov.

The statement from the team and the state’s new governor came Wednesday, the deadline for the Orioles to use a one-time, five-year extension of their lease at Camden Yards. The team did not plan to exercise that option, according to multiple reports. The Orioles’ hiring decision was first reported by The Baltimore Sun.

Without an extension, the lease is expected to expire at the end of this year, but the team and the Maryland Stadium Authority can continue to negotiate. Wednesday’s joint announcement appeared to be an attempt to calm any nerves in Baltimore about the future of the team.

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“I look forward to working with Governor Moore, his administration, and the Maryland Stadium Authority to build the state-of-the-art, sustainable and electrifying sports and entertainment destination that the state of Maryland deserves.” bring to Baltimore,” said Orioles CEO John Angelos. .

“We greatly appreciate Governor Moore’s vision and commitment as we take the unique opportunity to redefine the core of what Major League Baseball stands for and thus continue -renew downtown Baltimore. as MSA’s new board chair, we can once again realize the full potential of Camden Yards as a catalyst for Baltimore’s second revitalization.”

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Republican Larry Hogan, the state’s former governor, signed a bill last year increasing the bond permit for M&T Bank Stadium, home of the Baltimore Ravens, and Camden Yards. The measure allowed a loan of up to $600 million for each stadium.

“When Camden Yards opened 30 years ago, the Baltimore Orioles changed baseball and set the bar for the fan experience,” Moore, a Democrat, said Wednesday. The Orioles organization’s commitment to ensure the team plays in a world-class facility at Camden Yards for decades to come and we are excited to further our public-private partnership.”

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Angelos recently confirmed that the Orioles would remain in Baltimore, although he dressed down a reporter who asked for more clarity on the future of the team’s ownership situation. Angelos was sued last year by his brother Lou, who said John Angelos seized control of the Orioles at his expense.

The Associated Press contributed to this report.


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