SPORTS
By Jeff Zrebiec | May 21, 2012
For the next three weeks, the Ravens will have three-day, organized team activities that will undoubtedly attract many of the team's veteran players along with the rookie class. Ray Rice, the Ravens' star running back who has stayed away from the team's facility this offseason as his agent attempts to secure a contract extension for him, is not expected to be there, but that should not be taken as a sign that the negotiations are going poorly. While no deal is imminent and there remains plenty of work to do, there has been some progress in the contract talks in recent weeks between Rice's agent, Todd France, and the Ravens, according to sources familiar with the talks.
NEWS
By Steve Kilar and Julie Scharper, The Baltimore Sun | May 18, 2012
When it was announced that yet another group would be taking on management of the Baltimore Grand Prix, one of the company's funders stepped into the spotlight. Columbia-based financier J.P. Grant III has stayed out of the public eye since the storm of a no-bid city schools contract blew over in 2000. But all the while, his company Grant Capital Management was accumulating city contracts. In 2003, the city granted his company a "master lease," an agreement that speeds up the contracting process, but also made it more difficult for The Sun to track.
NEWS
By Julie Scharper, The Baltimore Sun | May 16, 2012
Tickets for the second Baltimore Grand Prix should be on sale by the end of the month, the latest group to organize the race announced Wednesday. Race On, a team led by two local investors that has partnered with racing champ Michael Andretti's sports marketing firm, also finalized sanctioning agreements with the IndyCar Series and American Le Mans Series for the Labor Day weekend festival, organizers said Wednesday. Investors J.P. Grant III, president of Grant Capital Management, and Greg O'Neill, vice president of BMW Construction, spoke of their plans for the race at a news conference at the city-owned Hilton Baltimore hotel, hours after the city's spending board approved the contract with Race On. "I'm honored to take on this important opportunity in the city we both love," Grant said.
NEWS
May 16, 2012
One hundred Baltimore city teachers have been labeled "model teachers" under the new Baltimore Teachers Union contract, the city school system announced last week, marking a milestone in the slow-paced implementation of the pact ratified in fall 2010. The teachers, who have undergone a grueling application process since last year, will receive a hefty pay increase of between $15,000 and $20,000 under the new contract, which is designed around pay-for-performance and a new career ladder. The pinnacle of the career ladder is to become a "lead" teacher, and the contract stipulates that there will be only one in every school.
NEWS
May 15, 2012
She says they go through the bureau of treasury management. I don't understand why they would bypass the BOE though. I'm in the comptroller's office. They're saying they have no records pertaining to Grant Capital Management because those contracts do not go before the Board of Estimates. Ugh.
SPORTS
Peter Schmuck | May 15, 2012
It would be nice to think the true litmus test that determines whether the Orioles have really turned a competitive corner this season would be a bushelful of victories over the big-money Yankees and Red Sox. If only it were that simple. The real test is taking place behind the curtain, where owner Peter Angelos is undoubtedly enjoying his team's recent resurgence and deciding whether he's willing to double down on the two players who have a chance to be the cornerstones of a new era of Orioles baseball.