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Baltimore Sun……. Orioles intend to sign long term lease.
This is great new for Baltimore
https://www.baltimoresun.com/sports/...lze-story.html
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Re: Baltimore Sun……. Orioles intend to sign long term lease.
The memo refers to long-term goals such as “redeveloping the Camden Yards Sports Complex into a year-round Live/Work/Play entertainment destination” that could boost the city’s economic fortunes. The city, state, Orioles and Ravens are all involved in the redevelopment of the area around the stadiums and Horseshoe Casino.
Locking the team into a new lease could depress the price if the family ultimately decided to sell. But a new lease is critical to binding the Orioles to Baltimore. The current agreement contains a clause barring “the relocation of the Baltimore Orioles Major League Baseball Team from Baltimore, Maryland.”
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