Florida Politics Last Call reports that Jacksonville’s football team wants taxpayers to foot 50% of the cost of a new stadium.
“Conservative group Americans for Prosperity-Florida is pushing back against a proposed stadium deal between the Jacksonville Jaguars and the city of Jacksonville, equating potential city funding to a corporate handout.
“First reported by Florida Politics, the Jaguars rolled out plans for a multibillion-dollar stadium upgrade and sports district development that the NFL franchise bills as a “re-imagination of the entire stadium and adjacent property.”
“Documents obtained by Florida Politics put the overall cost of the project — which could interfere with Jags home games for up to four seasons — at $2.068 billion.
“It would be a 50-50 cost share between the city and the team, with taxpayers covering up to $934 million of the stadium portion and an additional $100 million to develop the surrounding entertainment district. At the low end, the city’s share would be $875 million.”