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re: Jaguars, city of Jacksonville agree to $1.4 billion stadium deal

Posted on 5/14/24 at 8:18 pm to
Posted by lsusa
Doing Missionary work for LSU
Member since Oct 2005
4662 posts
Posted on 5/14/24 at 8:18 pm to
quote:

Crazy that billionaire NFL owners expect the cities to foot the bill for their toys.



quote:

The proposal calls for each side to contribute $625 million to the $1.25 billion project. Jacksonville, which won’t levy any new taxes to pay for the rebuild, would chip in another $150 million to get EverBank Stadium ready for construction in 2026.


This is not the worst deal I have ever seen of this sort. When considering they also host UF-UGa there every year, they’re looking at entertainment around the stadium and it keeps Jacksonville as a “major league” professional sports town it’s probably a good deal.
Posted by OU Guy
Member since Feb 2022
8888 posts
Posted on 5/14/24 at 8:28 pm to
So this means FL/GA will miss one or two years at Jax. Will they do a home/away or find another neutral site? If they do home/away there is a chance they like it and decide to keep doing that. Risky for Jax but they do need a new stadium.
Posted by BlueWaffleHouse
LA
Member since Jul 2012
1864 posts
Posted on 5/14/24 at 11:45 pm to
Agreed. Around $725m for a 30 year investment that generates a lot of local ancillary revenue is a decent deal for the city. If they can get another Super Bowl out of it, that would help too
Posted by VolSquatch
First Coast
Member since Sep 2023
2248 posts
Posted on 5/15/24 at 8:08 am to
quote:

This is not the worst deal I have ever seen of this sort. When considering they also host UF-UGa there every year, they’re looking at entertainment around the stadium and it keeps Jacksonville as a “major league” professional sports town it’s probably a good deal.


Something else a lot of people aren't considering is that more shade will bring in more money as well.

Even in shaded seats an event there in the hot summer months is brutal. The Jags are almost always an early kickoff on Sundays, so you could have 3-4 home games where its just too hot to take kids or older folks.

Outside of Jags games, now you can actually book other types of events there during the summer without worrying about it as much.
This post was edited on 5/15/24 at 8:10 am
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