• Loading stock data...
Thursday, December 26, 2024

Orioles’ Lease Talks Expose Rift Over Camden Yards Renovations

  • Team owner, local officials have very different views on proposed renovation
  • Lease expiration draws closer amid resurgent season for the team
Rick Osentoski-USA TODAY Sports

The Baltimore Orioles’ seemingly never-ending talks for a Camden Yards lease extension have revealed a problematic new wrinkle. 

The team’s managing partner John Angelos and the Maryland Stadium Authority are still far apart on not only the lease deal but potential renovations to the ballpark area.

Maryland public officials have long been frustrated over the lack of progress toward replacing the current deal expiring in December, with state senate president Bill Ferguson saying last week that he wished the Orioles agreement had been completed “yesterday.”

In an interview with the New York Times, Angelos revealed a deeper schism. Not only does he have a vision for an Atlanta Braves-type mixed-use development with residential units, hotels, shops, and restaurants, but he also envisions an elementary school in the B&O Warehouse next to the ballpark, as well as a health and wellness clinic.

“If we develop it right, and we include the impactful community program model, we change the whole brand of Baltimore,” Angelos said.

A lease deal would open up $600 million in public funds toward ballpark-specific renovations, similar to provisions available to the neighboring Baltimore Ravens. But local leaders are reluctant to discuss any bigger project aspirations — or funding them — without a long-term commitment from the team.

“I think it’s premature to talk about investments around the facility when we don’t have a partner that is committing to be there for the next 20-to-30 years,” Ferguson said.  

The Orioles remain the surprise story of the 2023 MLB season, holding the best record in the American League after a long rebuilding period.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Darian Mensah’s Record $8M Duke Transfer Shows Rapid Growth of NIL Deals

Mensah reportedly got twice as much as last year’s top QBs.

Netflix Delivers Smooth Stream in Christmas NFL Debut

Netflix’s first live NFL games weren’t plagued with buffering issues as feared.
Dec 14, 2023; Los Angeles, CA, USA; Ippei Mizuhara, the translator for Los Angeles Dodgers designated hitter Shohei Ohtani, during an introductory press conference at Dodger Stadium

The Biggest Sports Betting Scandals of 2024

The NBA, MLB, and college basketball were rocked by sports gambling misconduct.
Oct 8, 2024; San Diego, California, USA; Los Angeles Dodgers outfielder Teoscar Hernandez (37) celebrates with designated hitter Shohei Ohtani (17) after hitting a grand slam in the third inning against the San Diego Padres during game three of the NLDS for the 2024 MLB Playoffs at Petco Park.

Three MLB Teams Paid 84% of Record $311M Luxury Taxes This Year

The Dodgers, Mets, and Yankees combine for 84% of MLB’s luxury tax.

Featured Today

NHL Winter Classic 2024

NHL, TNT Pinning High Hopes on First New Year’s Eve Winter Classic

Can the dream setting of Wrigley Field lift flagging viewership?
Nov 23, 2024; Corvallis, Oregon, USA; Oregon State Beavers students celebrate during the fourth quarter against the Washington State Cougars at Reser Stadium.
December 23, 2024

How the Pac-12 Rose From the Ashes in 2024

The conference went from uncertain future to remarkable comeback.
Texas Memorial Stadium
December 21, 2024

Inside the First On-Campus College Football Playoff Games

FOS is on the ground in Austin for Clemson-Texas.
Pat McAfee holds up the USC Gamecock during ESPN Gameday near Williams-Brice Stadium in Columbia, S.C. Saturday, September 14, 2024.
December 20, 2024

‘Traveling Circus’: How ‘College GameDay’ Plans to Visit Two Campuses in 24..

Inside the show’s grueling schedule for the expanded Playoff.
Mercedes-Benz Stadium

Falcons Stadium Transactions Up 30% Since Huge Food Price Cut

The team set famously low food prices at its stadium in 2017.
Dec 17, 2024; Washington, DC, USA; Speaker of the House Mike Johnson (R-LA) alongside Steve Scalise (R-LA), left and Tom Emmer (R-MN), right, during a press conference on Tuesday, Dec. 17 on Capitol Hill in Washington.
December 20, 2024

Spending Bill Fiasco Keeps RFK Stadium Bill Hopes Alive

NFL pressure could be “best hope” to revive RFK Stadium bill.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.
December 21, 2024

RFK Stadium Bill Passes in Overnight Stunner

In a 1:15 a.m. vote, all 100 senators voted yes.
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.
Boston mayor Michelle Wu
December 19, 2024

Boston Mayor Defends NWSL Stadium Renovation Going $100 Million Over Budget

Costs to renovate the 75-year-old stadium have roughly doubled.
December 19, 2024

Philadelphia Approves $1.55B Sixers Arena Despite Demonstrators

Despite protestor disruptions, Philadelphia’s city council approves the controversial project. 
December 19, 2024

Mavericks CEO Hire Makes Adelsons’ Arena Ambitions Clear

The NBA team pulls a legendary executive out of retirement.
Dec 1, 2024; Landover, Maryland, USA; Washington Commanders tight end Zach Ertz (86) spikes the ball in the end zone after catching a touchdown pass as Commanders wide receiver Terry McLaurin (17) celebrates against the Tennessee Titans during the fourth quarter at Northwest Stadium.
December 18, 2024

Commanders D.C. Stadium Plan Hinges on Government Funding Resolution

D.C. is a frontunner for a Commanders stadium—if a funding bill passes.