The Baltimore Orioles have been playing at Camden Yards since 1992, and it looks like they’ll be staying there for a while longer. The Maryland Stadium Authority recently granted the Orioles a lease extension that will keep them in the ballpark until 2037.
The lease extension is a major win for both the Orioles and the city of Baltimore. The Orioles will be able to continue playing in one of the most beloved stadiums in Major League Baseball, while the city will benefit from the economic impact of having a professional sports team in its backyard.
The lease extension also includes an agreement that the Orioles will invest $250 million in Camden Yards over the next 15 years. This money will go towards improvements and upgrades to the stadium, ensuring that it remains one of the best places to watch a baseball game.
The Orioles are also committed to making sure that Camden Yards remains a vibrant part of the city. They plan to invest in local businesses and organizations, and they’ve already begun working with the city to create a “Camden Yards Community Fund” that will provide grants to local non-profits.
The lease extension is a great example of how a professional sports team can be a positive force in its community. The Orioles are committed to making sure that Camden Yards remains a great place to watch a game, and they’re also investing in the city of Baltimore. It’s a win-win for everyone involved.
