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Orioles, State of Maryland reach historic agreement to keep team at Camden Yards

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BALTIMORE, MD—The Baltimore Orioles have agreed to a partnership with the State of Maryland, Governor Wes Moore, and the Maryland Stadium Authority that will keep the Orioles at Camden Yards for thirty years.

The deal, which follows the broad, shared goals of the memorandum of understanding agreed to this fall, represents the commitment by the Orioles organization to the City of Baltimore, the team’s fans, and the desire to reinvigorate the area in and around Oriole Park at Camden Yards and the Downtown Corridor. Team officials say the new lease agreement will spur economic growth, drive community impact, and foster the ability to maintain and build a winning, competitive, and unmatched Major League Baseball team.

“When we began conversations with the state on a bigger vision for the ballpark and the greater plan for Baltimore, we had the shared goal of reaching an end result that would benefit both the city and state. I’m proud to say we accomplished that mission,” said Greg Bader, Chief Operating Officer of the Baltimore Orioles. “Thank you to the team in Governor Wes Moore’s office and the Maryland Stadium Authority for working with us to reimagine this partnership for the next generation. After a lengthy and complex process that has ultimately achieved the parties’ shared goals, we look forward to enhancements to Camden Yards that the Baltimore community can enjoy for decades to come.”

“From the very beginning I was clear that we would only sign an agreement that puts Maryland taxpayers at the top of mind, keeps the Orioles in Baltimore long-term, and benefits the entire City of Baltimore, and that is exactly what we have done here by extending the Orioles stadium lease at Camden Yards for another thirty years,” said Governor Wes Moore. “The Orioles are a valued part of the Baltimore community, and we are grateful to continue this partnership with a deal that follows the broad shared goals of the memorandum of understanding from earlier this year. This agreement will not only benefit the world-class fan experience at Camden Yards, but the entire city as well, and we are thrilled knowing that Maryland will continue to see playoff baseball in Baltimore for years to come.”

“This agreement ushers in a new era for the Orioles organization, our fans, visitors, and the residents of this incredible city, and does so in a way that will complement the next three decades of Oriole magic,” said Kerry Watson, Executive Vice President of Public Affairs of the Baltimore Orioles. “What’s next is an opportunity for a campus that brings life to the city 365 days a year.”

With plans to expand, develop, and implement an envisioned Downtown Corridor and Camden Yards campus, the historic agreement sets in motion the shared objective with Governor Moore to foster business, economic stability and growth, and positive community impact.

“We’re excited to work with our neighbors and local leaders to continue discussions that have already begun – and to usher in a bold new chapter,” said Watson.

“Our management group took the Orioles to the top of the league this season, and now, in partnership with Governor Wes Moore and his Administration, they made this deal happen,” said John Angelos, Chair and Managing Partner of the Baltimore Orioles. “Most importantly, I’m happy we can deliver on our promise to fans of keeping the Orioles here for 30 more years, marking the 100th season of the team in Baltimore.”

The Baltimore Orioles have played at Camden Yards since 1992, and this past year, the Orioles led Maryland through an exhilarating 101-win season, an American League East title, and a trip to the Major League Baseball Postseason behind young stars like AL Rookie of the Year infielder Gunnar Henderson and catcher Adley Rutschman. The Orioles appears to have a bright future ahead, with droves of exciting young talent that Marylanders across the state are eager to watch in Baltimore for years to come.

Photo via Chris Montcalmo Photography

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