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Orioles Don't Plan to Renew Camden Yards Lease, Want to 'Revamp' Stadium District

The Baltimore Orioles confirmed Wednesday that they won't trigger a five-year extension to their current lease at Camden Yards.

Maryland Gov. Wes Moore and Orioles chairman John Angelos released statements both affirming their desire for "a long-term, multi-decade, public-private partnership that both develops and revitalizes the Camden Yards complex as a magnet for sports tourism and leverages Maryland taxpayers' investment in the property."

"The Orioles, the Moore administration, and the Maryland Stadium Authority look forward to reimagining Camden Yards to deliver a live, work, play theme that will bring residents, businesses, and tourists to downtown Baltimore year-round," the team said.