The following is a link to a Sun article; the O's reportedly settled for $913K with the state of Maryland regarding advertising revenue for home plate billboards... the dispute centered around the intended purpose of the billboards, and whether certain contractual obligations should apply or not.
Maryland Officials Settle with Orioles Over Ad Revenue
And here's a follow-up blog post by Jay Hancock, a financial columnist for the Sun, with more details. He references a MD Daily Record article from last night, which provides some more information on the issue, and what led to the settlement.
Orioles stadium-ad settlement hurts taxpayers
No comments:
Post a Comment