On Tuesday, Maryland Governor Larry Hogan announced a historic 30-year agreement with the Baltimore Orioles that will keep the team in Baltimore. The agreement, which was reached after months of negotiations, will provide the Orioles with a new stadium and a long-term commitment to the city.
The agreement will provide the Orioles with a new stadium, which is expected to be completed by 2023. The stadium will feature a retractable roof and will be located in downtown Baltimore. The team will also receive a $200 million investment from the state of Maryland to help fund the project.
The agreement also includes a commitment from the Orioles to remain in Baltimore for at least 30 years. The team has been in Baltimore since 1954 and has been a major part of the city’s culture and identity. This agreement ensures that the Orioles will remain in Baltimore for decades to come.
The agreement also includes a commitment from the Orioles to invest in the community. The team has pledged to invest $10 million in local charities and community organizations over the next 10 years. This investment will help support local programs and initiatives that benefit Baltimore residents.
The agreement is a major win for the city of Baltimore and its residents. It ensures that the Orioles will remain in Baltimore for decades to come and provides the team with a new stadium and an investment in the community. It is a testament to the commitment of Governor Hogan and the Orioles to ensure that Baltimore remains a great place to live and work.