The Ravens and M&T Bank first came together in 2003, developing a partnership based on financial and charitable support, and a desire to establish an even stronger foothold in the community.
Feeling that the agreement has been mutually beneficial, both sides wanted to make sure it continued in the foreseeable future. The Ravens and the M&T Bank announced Wednesday they have agreed to a 10-year, $60 million extension of their partnership, which includes the naming rights for the downtown football stadium and various community endeavors.
When the original 15-year pact expires in 2018, the new deal will kick in and be in place through 2027.
“It was a game...