Royal Arena

The arena had been named after Royal Farms since 2014, when Baltimore inked a $1.25 million, five-year naming agreement with the company.

It had previously been a sponsor of the arena while it was named 1st Mariner Arena. The name change will come alongside a $150 million renovation to the arena that was first announced in June of last year. “(OVG is) looking to match the title sponsorship with the new level of the building,” he said. The arena had been named after Royal Farms since 2014, when Baltimore inked a $1.25 million, five-year naming agreement with the company. Baltimore will have to pay Royal Farms a termination fee under the agreement, Tarbert said. The next name of the Baltimore Arena could help shape its path forward as it attempts to become a more modernized entertainment venue, anchoring Baltimore’s tourism and hospitality scene.