Sports & Whatever

Tag: taxpayer funding

  • Who Actually Paid for the New M&T Bank Stadium

    Who Actually Paid for the New M&T Bank Stadium

    The Ravens recently completed a $489 million renovation of M&T Bank Stadium, funded largely by public bonds from a 2022 state law. Team President Sashi Brown thanked Maryland residents and politicians. The Ravens retain all revenue from the stadium, while taxpayers face questions about the project’s returns on their investment.

  • Maryland Spent $1.2 Billion on Baltimore’s Stadiums. What Are the Teams Spending on Baltimore’s Kids?

    Maryland Spent $1.2 Billion on Baltimore’s Stadiums. What Are the Teams Spending on Baltimore’s Kids?

    The New York Yankees recently honored 11,500 Bronx students for achievements in academics and community service, raising questions about Baltimore’s teams’ community contributions. Despite Maryland’s substantial financial support for stadiums, the Orioles’ outreach has diminished, lacking formal programs for local schools. There’s a growing demand for accountability regarding public investments in private franchises.