• Loading stock data...
Sunday, July 6, 2025

Orioles Reject Camden Yards Lease Extension, Want Multi-Decade Deal

  • The Baltimore Orioles turned down a five-year lease extension at Camden Yards.
  • The team will seek a larger commitment from Maryland.
Baltimore-Orioles-Camden-Yards
Tommy Gilligan-USA TODAY Sports

The Baltimore Orioles declined to exercise a lease extension on Camden Yards as they seek a bigger deal.

The team and Maryland Gov. Wes Moore released a joint statement expressing their “commitment to creating a long-term, multi-decade, public-private partnership” that “revitalizes the Camden Yards complex as a magnet for sports tourism and leverages Maryland taxpayers’ investment in the property.”

  • On signing a new lease, the Orioles will access $600 million from Maryland, which owns Camden Yards, thanks to a bill passed by the previous administration.
  • The team is seeking at least a 10-15-year commitment, according to the Baltimore Sun, in part to have more time to renovate the park and develop the surrounding area.
  • The team and state are still negotiating issues including revenue sharing, renovation details, and non-baseball uses of the stadium.

The team’s current lease expires this year.

Baltimore Orioles

Baltimore Orioles Feud Intensifies With New Legal Filing

Louis Angelos alleges his mother and brother “systemically drained” a bank account.
January 25, 2023

Family Drama

The negotiations could be complicated by an ongoing legal struggle within the Angelos family. 

The Orioles are majority-owned by Peter Angelos, who is in poor health, and his wife Georgia Angelos. John Angelos, their son, is the team’s chairman and CEO.

Their other son, Louis Angelos, is suing John and Georgia, alleging that they are trying to take control of the family’s assets.

On Thursday, attorney William J. Murphy, was assigned to act as conservator of Peter’s law firm, which Louis runs. Murphy will determine if the firm should be sold or dissolved.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

exclusive

PGA Tour Slashes FedEx Cup Winner Pay From $25M to $10M

The FedExCup is reworking how it distributes its bonus money.

As NBA Free Agency Quiets, Focus Shifts to Potential Extensions

Shai Gilgeous-Alexander signed a four-year, $285 million extension.

Paramount Settles Trump Suit Ahead of NFL Season, Skydance Merger

The deal likely allows the much larger Skydance merger deal to proceed.

Big Ten Commish Still Pushes for 4 Auto CFP Bids in 16-Team..

The conference wants four guaranteed spots in the Playoff.

Featured Today

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
July 3, 2025

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”

Commanders’ $3.8B Stadium Deal in Jeopardy? Mayor Sounds the Alarm

Political tensions rise about delays in stadium funding approval.
June 29, 2025

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
July 1, 2025

$600M for Browns Stadium Sparks Cleveland Backlash, Possible Lawsuit

The awarding of public funds draws criticism and could bring a lawsuit.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
June 26, 2025

Bengals Strike 10-Year, $470M Stadium Deal to Stay in Cincinnati

The NFL franchise and Hamilton County have agreed to a new lease.
June 26, 2025

Browns $2.4B Stadium Plan Now Relies on Ohioans’ Forgotten Money

Ohio’s Modell Law is revised, while stadium funding faces new challenges.
June 25, 2025

MLB’s Bold Bristol Plan: Inside the Renovation and Potential Records

Work accelerates to convert the massive motorsports venue for baseball.
June 24, 2025

Diamondbacks Score Up to $500M for Chase Field Renovation

Concerns about another potential team relocation in Arizona influence the vote.