Tennessee Conservative
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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Nashville Mayor John Cooper Filed Legislation With The Metro Council Last Week, Seeking Their Approval On His Final Agreement With The Tennessee Titans For The Construction Of A $2.1 Billion Dome Stadium.
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The Metro Nashville Mayor’s Office Is Completing What It Is Calling The Definitive Documents For A New Deal On A $2.2 Billion Tennessee Titans Stadium And Plan To Present The Final Documents To Metro’s Council By March.
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Nashville’s Budget And Finance Committee Voted 11-2 On Monday To Recommend A Non-Binding Term Sheet On The Basics Of The Deal To Build An Estimated $2.1 Billion New Stadium For The Tennessee Titans. The Non-Binding Term Sheet Will Head To The Full Council On Tuesday Night For A Vote, Along With Eight Attached Amendments.
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The Chair Of Nashville’s East Bank Stadium Committee Believes That The Metro Council Does Not Have Enough Information From The Mayor’s Office To Properly Analyze And Vote On A Non-Binding Term Sheet At The Council’s Dec. 20 Meeting.
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On Nov. 14, The Tennessee Titans Released Plan Documents For A Renovation To Nissan Stadium That Venue Solutions Group Estimated Would Cost $1.9 Billion.
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In Many Of The Cases, Rather Than Using Direct Funding Methods From City Or State Coffers, Tennessee Has Now Opted To Have A Portion Of Funding For The Bonds On Building Stadiums To Come From Sales Tax Zones. Those Funds Are Often Termed By Those Proposing Deals As User Fees. But Economists Say That Doesn’t Show The Full Impact.
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A Facility Report Commissioned By Nashville To Look At The City’s Obligations For A Renovation Of Nissan Stadium Did Not Actually Analyze Those Obligations.
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After Announcing A Deal To Build A New Titans Stadium That Will Cost At Least $2.1 Billion, The Next Step For Metro Nashville In The Approval Process Will Be To Present The Deal To The City’s East Bank Stadium Committee At 4:30 P.M. On Oct. 26.
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Metro Nashville Announced A Deal With The Tennessee Titans To Build An Estimated $2.1 Billion New Stadium That Includes At Least $1.26 Billion In Taxpayer Funds. Of That, $500 Million Will Come Directly From The State Of Tennessee.
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