Maryland board approves Ravens’ lease extension for at least 15 more seasons at M&T Bank Stadium in Baltimore

The Ravens received final approval Wednesday to extend their lease of M&T Bank Stadium for 15 more seasons, through 2037, and potentially through the 2047 season. Though the current lease’s expiration date is nearly five years away, the new contract was negotiated with the team’s landlord, the Maryland Stadium Authority, with the expectation that the Ravens soon would begin requesting bonds to renovate the stadium.