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EDIT: Orioles & State Reach Reach Tentative 30-year Lease Deal (Maybe Not)


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#1 BSLChrisStoner

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Posted 28 September 2023 - 06:35 PM

https://twitter.com/...pWOu-XeOUg&s=19

#2 JStruds

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Posted 28 September 2023 - 06:39 PM

Great news.

#3 DuffMan

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Posted 28 September 2023 - 06:50 PM

Need details

#4 BaltBird 24

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Posted 28 September 2023 - 06:52 PM

Only 30 years?
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#5 Mike in STL

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Posted 28 September 2023 - 06:53 PM

I hope he got his $600M and not a penny more.

Please use it on stadium upgrades and not some nonsense outside. Don’t want to hear stories of broken sewage pipes inside while the MASN Bar and Grille is largely vacant outside.
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#6 You Play to Win the Game

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Posted 28 September 2023 - 06:58 PM

Of course trust fund baby would try to make tonight about him with his little moment with the Governor in the suite and all, and announcing it in game. Par for the course.

Glad the lease is signed. I can do both. I can be glad and still not like who signed it.
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#7 Mike in STL

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Posted 28 September 2023 - 07:04 PM

Of course trust fund baby would try to make tonight about him with his little moment with the Governor in the suite and all, and announcing it in game. Par for the course.

Glad the lease is signed. I can do both. I can be glad and still not like who signed it.



Still hope they sell when Peter kicks the bucket. The grass isn’t always greener, but odds are it is much much much greener.
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#8 mdrunning

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Posted 28 September 2023 - 08:15 PM

Even better news would be Gunnar and Adley being signed to extensions.


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#9 Slidemaster

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Posted 28 September 2023 - 09:56 PM

Fantastic news!

#10 ivanbalt

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Posted 29 September 2023 - 05:19 AM

Excellent, regardless of the clown still in charge.  I don't trust MLB any more than the Angelos family so I'm glad we won't have to rely on them to keep the team in Baltimore.



#11 DuffMan

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Posted 29 September 2023 - 07:15 AM

I hope he got his $600M and not a penny more.

Please use it on stadium upgrades and not some nonsense outside. Don’t want to hear stories of broken sewage pipes inside while the MASN Bar and Grille is largely vacant outside.

Seems like that may be the case.

https://www.masnspor...r-stadium-lease

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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#12 Mike in STL

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Posted 29 September 2023 - 09:12 AM

Seems like that may be the case.

https://www.masnspor...r-stadium-lease

 

Yeah, they are supposed to use them for stadium upgrades. But little john already said he wants to build something like Atlanta has outside the ballpark with it as a revenue stream and call it "stadium improvements". Which anyone with google maps can see is not really feasible, and engineers with knowledge of the grounds, the foundation where they could build, are telling him it's impossible. 

 

The Ravens used their share of the money on things like updated plumbing, HVAC systems, lighting, not sexy stuff that we take for granted. I know Bisciotti has also paid out of pocket for other things like the facelift to the concourses, maybe the video board upgrades over the years?

 

If little john wants to build a mini retail strip where the profits are all his (although it would assuredly operate at a loss) he should do it with his own money. Not the taxpayers. 


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#13 Nigel Tufnel

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Posted 29 September 2023 - 09:16 AM

It's too bad that stupid money-losing, view-blocking Hilton hotel is there, because that would actually be a great location for whatever Angelos wants to do.


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#14 BSLChrisStoner

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Posted 29 September 2023 - 09:16 AM

Still can't believe some people thought there was any chance the O's were leaving.



#15 BSLChrisStoner

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Posted 29 September 2023 - 09:17 AM

It's too bad that stupid money-losing, view-blocking Hilton hotel is there, because that would be a great location for whatever Angelos wants to do.


What's too bad is that they haven't upgraded the convention center which is the whole reason that hotel exists.

#16 ivanbalt

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Posted 29 September 2023 - 10:37 AM

Still can't believe some people thought there was any chance the O's were leaving.


The logic in my head said they wouldn't leave, but I know to never trust the word of wealthy sports team owners.



#17 BSLMikeLowe

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Posted 29 September 2023 - 10:46 AM

What's too bad is that they haven't upgraded the convention center which is the whole reason that hotel exists.

 

They blew it big time years ago when Willard Hackerman offered to develop a hotel and a real arena if the city and state upgraded the convention center.



#18 Nigel Tufnel

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Posted 29 September 2023 - 10:47 AM

The Orioles say their new "partnership" with Maryland "includes a 99-year ground lease for select areas around the Ballpark north of Lee Street, including the B&O Warehouse and Camden Station, giving way to more private investment opportunities and spurring economic development."


#19 BSLMikeLowe

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Posted 29 September 2023 - 10:51 AM

So kiss the Memorial Stadium monument goodbye.



#20 Nigel Tufnel

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Posted 29 September 2023 - 10:52 AM

Lot A is also north of Lee St, although that's where the players park.






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