The Maryland Board of Public Works signed off yesterday on a $913,000 settlement with the Baltimore Orioles. The deal includes a modification of the lease to the Orioles for Camden Yards so that the city will get 25% of the revenue from the advertisements located behind home plate in the ballpark for the remainder of the lease.
Comptroller Peter Franchot seems excited by the deal because “everyone else who negotiates with Mr. Angelos [Orioles owner Peter Angelos] gets nothing.” When you set the bar like that, it is pretty easy to get in a win. Hey, we had a dispute, and we got something. In a related story, the Orioles cannot pick up that key, light-hitting, free agent that would lead them to the pennant a .500 record for the first time in fourteen years.
You can find the WBAL story here.