Orioles receive unanimous approval on long-term lease at Camden Yards


The Orioles beat the deadline on the expiration of their stadium lease.

No more false starts, pauses or U-turns. It’s finally done.

The club and state of Maryland reached agreement on a long-term deal that will keep the Orioles at Camden Yards.

The commitment runs for a minimum of 15 years, with expansion to 30 if the Orioles and the state agree to a development plan for the surrounding area in the next four years. Or the team could simply decide to keep it at 30.

A press release from the Orioles stated: “The deal, which follows the broad, shared goals of the memorandum of understanding agreed to this fall, represents the commitment by the Orioles organization to the City of Baltimore, our fans, and the desire to reinvigorate the area in and around Oriole Park at Camden Yards and the Downtown Corridor. Additionally, this new lease agreement will spur economic growth, drive community impact, and foster the ability to maintain and build a winning, competitive, and unmatched Major League Baseball team.”

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Orioles sign new 30-year stadium lease (updated)

camden yards

The final out was made in the bottom of the third inning tonight and Orioles chairman and CEO John Angelos and Governor Wes Moore appeared on the video board in center field. They were applauding. Big smiles on their faces. Huge news printed below them.

The Orioles, Moore and the State of Maryland, and the Maryland Stadium Authority agreed to a deal that will keep the team in Baltimore and at Camden Yards for at least the next 30 years.

The current lease was set to expire on Dec. 31. Angelos, Moore and commissioner Rob Manfred kept insisting that the club wasn’t moving, but fans wanted a commitment.

They got it on a night when the Orioles are trying to clinch their first division title since 2014.

The agreement covers a guaranteed 30 years, with two five-year extension options, according to the Baltimore Banner, and enables the Orioles to unlock the $600 million in state bonds for stadium improvements. Same as the NFL’s Ravens, who signed a 15-year extension with options on Jan. 4.

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In Sarasota, Governor Wes Moore confident O's lease gets done soon

camden yards warehouse

SARASOTA, Fla. – Maryland Governor Wes Moore tonight said he is very confident the Orioles will soon have a new lease to play well into the future at Oriole Park at Camden Yards. He said things “are moving fast” to get that done.

The Governor and Orioles Chairman & CEO John Angelos visited The Battery Atlanta on Thursday, to explore the 365-day entertainment experience around Truist Park, home of the Atlanta Braves. The Battery Atlanta is a 2,000,000-square-foot mixed-use destination, which offers an unprecedented entertainment experience including shops, restaurants, and a 4,000-seat venue for all genres of live music.

Today the Governor met with team officials and O’s players and threw out the first pitch before tonight’s spring training game at Ed Smith Stadium with Minnesota.

The Orioles current lease expires Dec. 31. Angelos has expressed confidence that a new lease could be completed by the All-Star break.

“I’m very confident that we are moving fast on this," Governor Moore said. "It should not be lost on anybody that the first trip that I took outside of the state was down here. Was to spend time with the Orioles. To make sure they understand how big of a priority this is for me and how big a priority this is for the state. So we feel very confident that we have the same goal. The goal is to make sure there is Orioles baseball in Baltimore for generations to come. I feel very good about our prospects to get this deal done very quickly.”

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