• Loading stock data...
Friday, February 21, 2025

Baltimore Looks To Return To The Oriole Way

  • Lease deal offers new hope, but market and economic challenges remain
  • On-field resurgence prompts one of MLB’s largest attendance spikes
Gregory Fisher-USA TODAY Sports
Cristina Daglas
Exclusive

ESPN Executive Editor on Leave After HR Complaints: Sources

Cristina Daglas has overseen ESPN.com since 2021.
Read Now
February 17, 2025 |

Baltimore’s baseball renaissance this season will significantly impact a franchise, league, and city all in the midst of significant transition. 

On Sunday, the Orioles will play their final regular-season game, capping an American League East division championship campaign that represents the team’s best season since 1979 and their first playoff berth since 2016. Just two years after tying for MLB’s worst record, the Orioles this week will begin the postseason as the AL’s top seed.

The historic levels of winning follow an arduous, six-year rebuilding effort that included three seasons with at least 108 losses. Unsurprisingly, fans have responded in force, and the Orioles are poised to finish the season with an attendance of more than 1.9 million — a jump of more than 35% from a year ago and one of MLB’s biggest year-over-year gate increases. 

The Orioles’ prospective playoff games are at near-sellout levels and are expected to fully sell out by early this week. Those numbers put an additional level on what team officials describe as a palpable change in fan energy surrounding the franchise.

“There’s just so much excitement around the city for this team,” Orioles senior vice president Jennifer Grondahl told Front Office Sports. “You can definitely feel it and see it, and how it’s changed.”

New Lease … On Life, Too

That fundamentally changed energy also includes Thursday’s historic completion of a new 30-year lease agreement, keeping the team at Oriole Park at Camden Yards. The deal — following three years of arduous negotiations involving the Orioles, Maryland Stadium Authority, and two different state governors — will lead to a large-scale renovation of the 31-year-old Camden Yards, as well as mixed-use development around it.

The lease agreement is still in the form of a memorandum of understanding and is now being drafted into a long-form document. But once completed, it will unlock $600 million in state bonds for ballpark upgrades.

“This will make Camden Yards best-in-class while driving new economic growth through some of the untapped potential surrounding the stadium,” said Craig Thompson, MSA chair.

But even with the rising tide of good feelings and forthcoming ballpark improvements, the Orioles are still contending with accelerating changes in both the economics of MLB and their own region. The Orioles this year fielded the league’s third-smallest payroll, and team chairman and CEO John Angelos has openly questioned whether the club will be able to keep its talented, young core.

“The hardest thing to do in sports is be a small-market team in baseball and be competitive, because everything is stacked against you — everything,” Angelos said this past summer in a New York Times interview.

MASN’s Massive Impact

The Orioles’ competitive and commercial rebirth marks the latest turn in the roller-coaster ride that has been the club’s Angelos era.

During the first 12 years of Orioles ownership by Peter Angelos, John’s father, the club was an aggressive, high-spending operation that actively took on the New York Yankees and other big-dollar rivals both on and off the field, leading the American League in attendance four times and ranking No. 1 or 2 in MLB payroll each year between 1995-98. 

The 2005 arrival of the Washington Nationals — something the elder Angelos fought fiercely — led to the creation of the Mid-Atlantic Sports Network, a regional sports network formed as part of a MLB settlement with Angelos. 

The Nationals’ arrival forced a marked change in trajectory for the Orioles franchise, one ultimately yielding lower attendance totals and smaller payrolls. 

The Orioles control the majority share of the RSN, which broadcasts both teams and has been the source of a highly complex legal fight between the Orioles and Nationals stretching more than a decade — one only now beginning to reach clarity and is still slowing down a proposed sale of the Washington franchise. 

Baltimore did have a brief competitive resurgence between 2012-16 with three playoff appearances. But as key players grew older or moved on and payroll spending couldn’t keep pace with many other MLB clubs, the Orioles’ losses began to mount. 

By 2019 — the last season before the pandemic — club attendance fell to 1.3 million, the lowest not only in the Camden Yards era, but also the club’s worst full-season mark since 1978.

Rebuilding The Hard Way

A methodical, farm-system-focused rebuilding plan has since paid off handsomely for the club, with the annual draft yielding current stars such as Adley Rutschman, Gunnar Henderson, and Cedric Mullins.

“The fans have gone through this entire process with us and seen these players develop since we are fortunate to have our minor league clubs so close,” Grondahl said, referring to the Orioles’ four minor league affiliates all located in Maryland or Virginia. 

What also remains unclear is whether the Orioles will retain that young talent core once those players reach their arbitration and free-agency years. 

Currently operating with a player payroll of just $71 million, John Angelos told the Times that if the talent base is retained,“we’re going to have to raise the prices here — dramatically.”

Once the lease deal was announced, John Angelos offered a somewhat changed tone, saying in a statement that the deal was specifically designed in part to “create a strong business and fiscal foundation to … sustain that competitiveness.”

But Baltimore remains MLB’s fifth- smallest media market, and is grappling with a shrinking population.

“The team is committed to not only shoring up baseball operations in terms of sustainability, but also the business side and putting in place some fiscally responsible processes to create an environment to compete year after year,” a source with direct knowledge of the Orioles’ lease agreement told FOS. 

Lease Twists

More than three years ago, John Angelos famously said at a local trade association event that the Orioles would be in Baltimore “as long as Fort McHenry is standing watch over the Inner Harbor.”

Since then, the back-and-forth negotiations conveyed anything but a sense of permanence, frustrating everyone involved. At one point, a state official likened negotiating with the Orioles to “trying to nail Jell-O to a wall.”

Local rumors of a potential relocation only escalated, a situation further amplified by the late 2020 transition in which John Angelos took over for his father, now 94, as the team’s chairman and designated control executive for MLB purposes. 

But that now all looks to be put to rest with the lease extension.

“This deal is good for the city and the state, and I’m grateful for the partnership that got us to this day. The Baltimore renaissance is here,” said Maryland Gov. Wes Moore.

Surging Ticket Demand

The average ticket listing price for Orioles home games in the AL Division Series is $506, according to ticket aggregator TicketIQ, more than twice the comparable figure from a Baltimore playoff appearance in 2014. 

Average listing prices for home games in the forthcoming AL Championship Series are $1,674, more than triple the figure from nine years ago. 

Both those increases easily outstrip inflation and face-value ticket price increases over that time. Those prices are also a radical departure from regular-season tickets that could be easily had for less than $5 during the 100-loss seasons.

“It’s safe to say demand is way up from previous years,” Jesse Lawrence, TicketIQ founder, told FOS. 

As they enter Camden Yards, those throngs of fans will walk past a statue there of the recently deceased Baseball Hall of Famer and Orioles icon Brooks Robinson. And if they get their way, this new era of Orioles baseball will be a return of The Oriole Way, the moniker for the disciplined success the team achieved in the 1960s and 1970s, and was typified by Robinson.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 2, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Penguins goaltender Alex Nedeljkovic (39) stretches during a time-out against the Pittsburgh Penguins in the second period at PPG Paints Arena

Behind the Mask: The Artists Creating Hockey’s Iconic Goalie Style

The art and business of outfitting pro netminders.

‘Shrinking Platform’: MLB, ESPN to Split After 35 Years

Manfred cites multiple issues with ESPN’s MLB coverage, business health.
Feb 19, 2025; Port St. Lucie, FL, USA; New York Mets right fielder Juan Soto (right) talks to center fielder Jose Siri (center) and right fielder Starling Marte (left) during a spring training workout at Clover Park.

MLB Faces Critical Transition As Streaming Alters Media Landscape

Twenty-two clubs now offer a direct-to-consumer streaming option.

MLB Eyes Third Straight Attendance Increase, Mets Hope for Soto Boost

Rule changes, stars, and big teams fuel further optimism at the gate.

Featured Today

Feb 15, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team United States forward Matthew Tkachuk (19) and Team Canada forward brandon Hagel (38) fight in the first period during a 4 Nations Face-Off ice hockey game at the Bell Centre.

Inside the Push for the NHL’s Next Era of International Competition

Players have been clamoring, and the league is all in.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
Feb 18, 2024; Indianapolis, Indiana, USA; Eastern Conference guard Damian Lillard (0) of the Milwaukee Bucks reacts after a play during the second half of the 73rd NBA All Star game at Gainbridge Fieldhouse.
February 15, 2025

The NBA’s Latest Attempt To Solve the All-Star Game Conundrum

A new mini-tournament on a lame-duck network may not solve the problem.
Jan 9, 2025; Pittsburgh, Pennsylvania, USA; Edmonton Oilers center Connor McDavid (97) checks Pittsburgh Penguins center Sidney Crosby (87) during the third period at PPG Paints Arena
February 11, 2025

‘Important’ 4 Nations Face-Off Can Be NHL’s All-Star Antidote

“The stars have been lobbying the league for an event like this.”
Jan 5, 2025; Green Bay, Wisconsin, USA; Green Bay Packers tight end Tucker Kraft (85) rushes with the football after catching a pass during the first quarter against the Chicago Bears at Lambeau Field.

Bears Raise Season-Ticket Prices 10% After Five-Win Season

The Bears went 5–12, then raised prices for the second straight year.
Tee Higgins
February 18, 2025

Could Tee Higgins Be the Only NFL Player Franchise-Tagged This Year?

NFL teams appear to be using the tag sparingly this winter.
Jul 27, 2024; Inglewood, CA, USA; Manchester United head coach Erik ten Hag watches a game against the Arsenal from the sideline during the first half at SoFi Stadium.
February 19, 2025

Manchester United Revenue Down Double-Digits Amid Mass Layoffs

Missing the Champions League has hurt broadcast revenue.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
February 14, 2025

Giants Open to Selling Minority Stake; Will Eli Manning Be Involved?

A forthcoming deal could set a record for a sports team valuation.
February 13, 2025

Red Sox Return to Big Spending With $120M Alex Bregman Deal

The contract with the former Astros star revives a prior franchise mentality.
Nov 26, 2024; Minneapolis, Minnesota, USA; Alex Rodriguez watches as the Minnesota Timberwolves lose to the Houston Rockets in overtime at Target Center.
February 11, 2025

Glen Taylor Has ‘Limited’ Legal Options to Keep Timberwolves

One litigator says it’s usually “very hard to vacate an arbitration award.”
Mark Williams
February 11, 2025

Failed Deadline Deal Leaves Hornets, Lakers in Unprecedented Territory

The trade would have sent center Mark Williams to Los Angeles.