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Closing Bell

M&T Bank's Extension With Ravens Worth $60M Over 10 Years

The Ravens and M&T Bank Stadium today formally unveiled a 10-year, $60M extension of their stadium title sponsorship deal. M&T has had its name on the venue since '03, when it inked a 15-year, $75M agreement. As part of the deal, M&T and the Ravens "will contribute $600,000 to establish the Judith P. Hoyer Early Child Care and Family Education Center" to "increase school readiness for at-risk kids under age five and their families." The project is being organized by the Baltimore Community Foundation (BIZJOURNALS.com, 5/21).

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