ExtremeRavens Posted 3 hours ago Posted 3 hours ago The state of Maryland has spent more than $400 million on improvements to M&T Bank Stadium and is nearing full allocation of its $434 million commitment to the project, according to Al Tyler, vice president of the Capital Projects Development Group at the Maryland Stadium Authority. The Ravens are contributing an additional $55 million to cover cost overruns, with the stadium authority set to reimburse the team up to $35 million of that amount. “We’re almost there with a full program,” Tyler said during the authority’s monthly meeting on Tuesday. Projects eligible for reimbursement include concourse improvements, such as expanded restroom facilities, according to the contract between the team and the authority. Recent upgrades for this season included more than 12,000 square feet of new videoboards on the main concourses, five new venues within the north plaza — among them a sports bar and concert space — and the “Flock Friendly Fare” menu offering 11 items priced under $5. Phase three renovations, expected to be completed in 2026, will add a concert venue and open-air tailgate area, further positioning M&T Bank Stadium as a year-round entertainment destination. The use of public funds for stadium luxury upgrades mirrors trends in other NFL cities. The Jacksonville Jaguars are investing $775 million in stadium improvements, while the Carolina Panthers are undertaking a $650 million publicly funded renovation. Have a news tip? Contact Todd Karpovich at tkarpovich@baltsun.com or on X at @ToddKarpovich. View the full article Quote
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