M&T Bank keeps Baltimore stadium naming rights

BALTIMORE (AP) — M&T Bank’s name will stay on the Baltimore Ravens’ stadium through 2027.

The Ravens announced the 10-year, $60 million extension of the original 15-year partnership with the Buffalo, New York-based bank on Wednesday.

In addition to the naming rights, the new deal includes community-based programs, such as an education center for at-risk youth at an elementary school in Baltimore’s Cherry Hill neighborhood. M&T Bank and the Ravens pledged $600,000 to the Baltimore Community Foundation to help fund the construction of the Judith P. Hoyer Early Child Care and Family Education Center, which will cater to children.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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