Jacksonville approves $1.4 billion Jaguars’ stadium deal TERMAN WEBSITE


The Jacksonville Metropolis Council authorised a cope with the Jaguars on a $1.4 billion renovation of EverBank Stadium. The deal wanted a majority vote of approval from the 19-member council, and it handed 14-1 with two abstentions.

“The idea and dedication of Delores and Wayne Weaver to make the Jacksonville Jaguars a actuality greater than 30 years in the past was reaffirmed right this moment by the management of Mayor Donna Deegan, her group and the Jacksonville Metropolis Council,” proprietor Shad Khan stated in an announcement. “The message then, and now, ought to be clear: By no means doubt Jacksonville!”

The “stadium of the long run” will hold the group in Jacksonville for no less than 30 extra years.

NFL homeowners are anticipated to rubberstamp the settlement in October, with development scheduled to start after the 2025 season.

The town can pay $775 million in stadium renovations and $56 million in an altered neighborhood advantages settlement, Hanna Holthaus of the Florida Instances-Union.

“This present day has been a very long time coming,” Mayor Deegan stated in an announcement. “I’m really grateful for the partnership with the Jaguars all through the negotiation course of, and to the town council for passing this historic deal. Collectively, we’re turning renderings into actuality for the betterment of Jacksonville.”

The Jaguars will play in entrance of a decreased capability in 2026 whereas renovations are ongoing. They’re anticipated to host residence video games in Gainesville or Orlando in 2027.

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