The MSA board of directors approved the amendment at an ad hoc meeting. The lease, due to expire at the end of the year, will now expire Dec. 31, 2023. The Orioles have the option to exercise a one-time, five-year extension by Feb. 1, 2023.
"The MSA and the Orioles are currently discussing terms of a new lease and capital reinvestment that would keep the team playing in an upgraded Oriole Park at Camden Yards that would offer increased economic benefits from both baseball and year-round, non-baseball uses,” stadium authority Chairman Thomas Kelso said in a statement.
The amendment still requires the approval of the state Board of Public Works.