‘Essentially gifting the land’: Economists pan land deal with Orioles; state says it will ‘reinvigorate’ Camden Yards

In its memorandum of understanding with the Orioles, the state of Maryland has set itself up to receive less revenue from state-owned land near Camden Yards — handing potentially lucrative profits to the team. Revenue that could reach millions of dollars annually from the development of land and real estate, including the Camden Yards warehouse, would flow to the ballclub.