Stadium authority pitching $1.2 billion plan to keep Orioles, Ravens in their Baltimore stadiums for years

A bill drafted by the Maryland Stadium Authority would increase the allowable bond debt for stadium projects from $235 million to $1.2 billion in an effort to modernize Baltimore’s pro baseball and football venues. Up to $600 million in outstanding debt would be allowed for projects at each club’s stadium at any given time.

Source: The Baltimore Sun Politics Section State of Maryland