Friday, February 23, 2024 |
FOLLOW US:

Five things to know about Maryland’s investment in the Orioles and Ravens

December 1, 2023

Two of Baltimore’s most recognizable buildings and brands are its two pro stadiums, Oriole Park at Camden Yards and M&T Bank Stadium, and the teams that inhabit them. The Orioles and Ravens bring attention, pride and joy to Maryland — and Maryland gives a lot of taxpayer dollars back to the teams. A large public investment The state of Maryland built and financed both of the Baltimore stadiums and, last year, agreed to earmark at least $1.2 billion to improve the stadiums — $600 million for each. The principal and interest on the bonds sold to cover those costs ultimately would be paid off with lottery revenue.

Article Source: Baltimore Sun

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.