The Jacksonville Jaguars’ “Stadium of the Future” is among several stadium projects that have been proposed in recent years in NFL-market cities, most of which have involved public funding. Also included is the new stadium development for the Tampa Bay Rays. Here are some of them:
Nissan Stadium, Nashville, Tennessee
Estimated cost: $2.1 billion
Public funding: 60%
Details:
• $500 million from the state of Tennessee.
• $760 in revenue bonds from the Nashville Metro Sports Authority
• $840 from the Titans, with help from a $200 million loan from the NFL
Status: Broke ground in March 2024
Highmark Stadium, Buffalo, New York
Estimated cost: $1.54 billion
Public funding: 55%
Details:
• $600 million from the state of New York
• $250 from Erie County
• $690 million from Bills owners Terry and Kim Pegula, including a $200 million loan from the NFL
Status: Under construction
Allegiant Stadium, Las Vegas
Cost: $1.9 billion
Public funding: 37.8%
Details
• $750 million in funding from an increase in hotel room taxes in Clark County by 0.88 of a percentage point
• $1.22 billion from the Raiders, including a $470.8 million loan from Bank of America, $549 million from sales of personal seat licenses and a $200 million loan from the NFL
Status: Opened in 2020
SoFi Stadium, Los Angeles
Cost: $5.8 billion
Public funding: None
Details:
• SoFi, the home of the Los Angeles Rams and Los Angeles Chargers, was funded by Rams owner Stan Kroenke. It is the most expensive stadium in the U.S.
Status: Opened in 2020
GEHA Field at Arrowhead Stadium and Royals Stadium, Kansas City, Missouri
Public funding: None
Details:
• In April 2024, voters in Jackson County, Missouri, rejected a 3/8th-cent sales tax increase for 40 years to provide $2 billion to upgrade the Chiefs stadium and building a new Downtown stadium for the MLB Royals.
• The outcome of the vote prompted speculation about team relocations, including across the Missouri River into Kansas City, Kansas.
Status: Uncertain
New stadium in St. Petersburg’s Historic Gas Plant District
Cost: $1.3 billion
Public funding: $600 million
Details:
• The Tampa Bay Rays and Hines, a global real estate company, plan the project on the 87-acre Historic Gas Plant District where Tropicana Field now stands.
• The stadium is part of a $6 billion, 8 million-square-foot mixed-use development with residential, retail, hotel, medical, hotel, parks and office space,
• St. Petersburg and Pinellas County would share in the public funding for the stadium.
• The team will also be responsible for all cost overruns.
Status: The St. Petersburg City Council is examining the development agreement.
Replacement for Soldier Field, Chicago
Projected cost: $4.75 billion
Public funds: $2.4 billion
• Domed stadium would be at the center of Museum Campus, a 57-acre park facing Lake Michigan.
• The Bears want to break ground in the summer of 2025 open the stadium in 2028.
• $900 million would be funded by a 2% tax on hotel stays. More than $1 billion would be needed from other public sources.
Status: The plan was proposed April 24 and is facing opposition on multiple fronts.