M&T Bank Stadium is the home to the Baltimore Ravens, Baltimore's National Football League franchise. Opened in 1998, M&T Bank Stadium is one of the newest and most state-of-the-art stadiums built. M&T Bank Stadium was originally known as Ravens Stadium at Camden Yards, until ISP PSINet acquired the naming rights in 1999, naming it PSINet Stadium. It then reverted back to Ravens Stadium in 2002 when PSINet filed for bankruptcy. In 2003 M&T Bank acquired naming rights to the stadium. Two other companies were in the running to be granted naming rights to the stadium; they were reportedly, Nextel and CarMax. Following the September 2002 death of Baltimore Colts quarterback Johnny Unitas, public sentiment leaned toward renaming the then-sponsorless stadium after the Baltimore icon. However, the Ravens and the Maryland Stadium Authority held firm in their right to negotiate naming rights fees. In the end, a plaza on the stadium's northwest corner was named "Unitas Plaza", complete with a bronze statue of the Hall of Famer.

Located in downtown Baltimore, the stadium is immediately adjacent to Oriole Park at Camden Yards, home of the Baltimore Orioles. The stadium is served by the Hamburg Street station of the Baltimore Light Rail.

The stadium originally featured a natural grass surface. An artificial surface, Sportexe Momentum Turf, was installed for the 2003 football season.