M&T Bank, Baltimore Ravens Extend Partnership To 2027
BALTIMORE (WJZ) — A big announcement from the Baltimore Ravens. M&T Bank extended its stadium naming rights through 2027.
Mary Bubala has the story.
It's a multimillion dollar investment about more than just a name on the side of a structure.
Months before the Ravens' season kicks off, the bird is back in the house for a big announcement about the future of the stadium.
"We're excited to announce today that we are extending our naming rights and community partnership with the Baltimore Ravens through 2027," said Augie Chiasera, president of M&T Bank Greater Baltimore Region.
The $60 million extension includes naming rights and a commitment to dozens of community projects, including $600,000 for an early child care and family center in Cherry Hill.
It's a partnership that began in 2003.
"M&T has been a great partner. To have them for another 10 years is just a wonderful development for the Ravens," said Dick Cass, Ravens president.
"Although the name on the stadium is the most visible aspect of our relationship, our work in the community with the Ravens is the most gratifying," Chiasera said.
M&T and the Ravens partner with volunteers and funding for projects with Habitat for Humanity.
"It's more support for Habitat, which has built hundreds of homes in the Baltimore area over the last umteen years," said Hal Kramer, Habitat for Humanity volunteer.
And the partnership gives away tickets to thousands of organizations like Big Brothers and Big Sisters of Greater Chesapeake.
"For a lot of our kids, this is the first time they've ever been to an NFL game. They're all Ravens fans, and the program has been incredible for us," said Christina Church, Big Brothers & Big Sisters.
Last year alone, M&T employees volunteered close to 600 hours at Ravens community events.
Since 2003, fans have seen the Ravens win 71 times in M&T Bank Stadium--the second best record in the NFL.
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