Tennessee Conservative
In The Span Of One Week, The Tennessee Titans Team Value Increased $900 Million, While The Finalizing Of Bond Documents Show Taxpayers Are On The Hook For Nearly $1.1 Billion In Interest Payments As Part Of The Team’s New Taxpayer-Funded Stadium.
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The Tennessee Titans Turned A Couple Million In Political Spending Into Over A Billion Dollars From Taxpayers.
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While Project Promoters In Cities Such As Nashville, Tennessee Continue To Push The Narrative That Professional Sports Stadiums With Surrounding Developments Are Economic Stimulators, A New Report Shows Professional Sports Stadiums And The Surrounding Developments Do Not Bring The Promised Returns.
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Despite Polls Showing Opposition From Residents And Nearly Universal Condemnation From Experts Who Argue That Taxpayer-Funded Stadiums Are A Poor Use Of Public Money, The Approval Of What Will Be The Largest Taxpayer-Funded Stadium In NFL History Has Long Felt Inevitable.
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An Amendment To The Bill To Build A New $2.2 Billion Tennessee Titans Stadium Has Been The Subject Of Pushback This Week Heading Into The Scheduled Second Vote On The Project From The Metro Nashville Council On Tuesday.
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The Tennessee Titans Are Expected To Make About $270 Million Off Personal Seat Licenses, An Amount That Will Go Toward The Team’s Contribution To A New Projected $2.1 Billion Stadium Set To Open In Fall 2027.
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The Tennessee Titans Franchise Is Currently Valued At $3.5 Billion. But, If A New $2.1 Billion Stadium Proposed To Be Built Mainly With Taxpayer Funding Is Approved, The Franchise’s Value Is Expected To Increase By $300 Million.
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Tennessee Set Records For Both The Amount Wagered And The Taxes Collected By The State In Sports Wagering In November.
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The Nashville Mayor’s Office Paid Inner Circle Sports $120,000 Over A Six-Month Period For Consulting Services Related To Negotiating The $2.1 Billion Stadium Deal Between The Office And The Tennessee Titans.
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A Tax Fund Scheduled To Pay Off Revenue Bonds From Nashville Toward A New $2.1 Billion Tennessee Titans Stadium And Available For Future Maintenance Costs Is Estimated To Generate Up To $70 Million Annually During The Titans’ New 30-Year Proposed Lease, Which Includes Three Additional Five-Year Team Options To Extend.
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