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Stadium Authority Was Wrong to Accept ‘One-Sided’ Concert Deal, State Treasurer Says

May 12, 2022

State Treasurer Dereck E. Davis (D) suggested on Wednesday that the Maryland Stadium Authority made a mistake when it voluntarily agreed to forgo revenues from concerts held at Oriole Park. Speaking at the start of a Board of Public Works meeting, Davis said Maryland taxpayers are better served when the quasi-governmental authority upholds its contractual agreement with the Baltimore Orioles. Under that agreement, the team keeps 55% of the revenue generated from concerts and other non-baseball events at the ballpark, while the state gets 45%.

Article Source: Maryland Matters

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