Charlotte City Council is expected to approve $650 million for Panthers stadium renovations tonight

[Khyber53]

Tepper bought the Panthers for almost $2.3 billion dollars in 2018. The city just plunked down a commitment for $800 million. How many other concessions and "partnerships" has Tepper gotten (including money for the failed Rock Hill, SC complex)?

Ever think maybe the city should have just ponied up the money and bought the frikkin' franchise from the Richardsons?

[CBDellinger]

50 minutes ago, Jay Roosevelt said:

The issue of stadium funding one that needs to be addressed with legislation at the national level. No way should any city or state be handing billionaire team owners hundreds of millions of dollars to help build stadiums that will be 100% owned by the team. At the very least the taxpayers should have partial ownership of the stadium and receive revenue from any events held there or have the team(s) that play there pay rent. poo; something.

The county owns the land the stadium sits on and leases it to the panthers. I think they just got a break on the property tax for the land (even tho the team doesnt own it they still paid taxes on it).  Btwn that and the tether/accelerated payments for leaving, both sides have a decent amount of skin in the game.  I dunno if you remember the hornets got the "new coliseum" on tyvola for $1 a year.  

But LOL at legislation at the national level... the last thing you want is the federal govt limiting the power of the states and local govt.  C'mon now. 

I do agree that giving these rich owners public money is a crock of bullshish but this is how these things work in 2024.  Maybe that'll change some day.

[SmokinwithWilly]

Maybe by the time this actually gets done, this will break down to $10 million per win based on past team models. 

[Anybodyhome]

Wow. Jacksonville just announced a new stadium deal for $1.4B. 

Charlotte and the Panthers are doing a $1.3B reno.

[Tbe]

25 minutes ago, Anybodyhome said:

Wow. Jacksonville just announced a new stadium deal for $1.4B. 

Charlotte and the Panthers are doing a $1.3B reno.

The jags are doing a reno as well.

[Anybodyhome]

10 hours ago, Tbe said:

The jags are doing a reno as well.

Okay. Technically, yes. Building a new venue on the old footprint 4 times as wide as the existing structure and adding a sunshade roof that will cover all seating areas.

I could tear down your entire house except for one bathroom and, technically, it's a reno.

[X-Clown]

On 6/25/2024 at 11:09 AM, Khyber53 said:

Ever think maybe the city should have just ponied up the money and bought the frikkin' franchise from the Richardsons?

The other NFL owners would never approve that

[Candler Cat]

2 hours ago, Anybodyhome said:

Okay. Technically, yes. Building a new venue on the old footprint 4 times as wide as the existing structure and adding a sunshade roof that will cover all seating areas.

I could tear down your entire house except for one bathroom and, technically, it's a reno.

While we're just adding mag wheels and some extra body panels to our '95 Camaro RS

[Tbe]

3 hours ago, Anybodyhome said:

Okay. Technically, yes. Building a new venue on the old footprint 4 times as wide as the existing structure and adding a sunshade roof that will cover all seating areas.

I could tear down your entire house except for one bathroom and, technically, it's a reno.

I can’t find anything that says they are tearing down and building from scratch.

What I’m reading is they are expanding the upper deck to seat 8k more people, adding a sunshade, and renovating the concourses.

I mean they say they are playing a year in the stadium during the upper deck expansion phase.

Do you have a link to better info?

But yes, this does seem more expansive that what BofA is doing.

 

“Among plans for the project include installing a canopy to provide shade, rain cover and improved airflow for 100% of observers in outdoor seating; increased air conditioning; doubling the width of the main concourse and creating 360° connectivity on the upper concourse; 16 new escalators and 12 new elevators; 12 new restrooms and renovations and expansions to existing restrooms; and 190 new points of food and beverage sale.

Stadium capacity will be flexible, with 63,000+ projected for Jaguars games and the ability to flex 70,000+ for the annual Florida-Georgia game and other major events.

The following timeline for the stadium renovations was included in the agreement:

Potential final Jacksonville City Council vote: June 25, 2024

NFL owners approval: Oct. 2024

Construction begins: Feb. 2025

2025 season: In Jacksonville with 60K+ stadium capacity

2026 season: In Jacksonville with approximately 43.5K stadium capacity

2027 season: Away from Jacksonville

Renovations complete and facility opening: Aug. 2028

Edited June 26, 2024 by Tbe

[Panthercougar68]

7 minutes ago, Tbe said:

I can’t find anything that says they are tearing down and building from scratch.

What I’m reading is they are expanding the upper deck to seat 8k more people, adding a sunshade, and renovating the concourses.

I mean they say they are playing a year in the stadium during the upper deck expansion phase.

Do you have a link to better info?

But yes, this does seem more expansive that what BofA is doing.

 

“Among plans for the project include installing a canopy to provide shade, rain cover and improved airflow for 100% of observers in outdoor seating; increased air conditioning; doubling the width of the main concourse and creating 360° connectivity on the upper concourse; 16 new escalators and 12 new elevators; 12 new restrooms and renovations and expansions to existing restrooms; and 190 new points of food and beverage sale.

Stadium capacity will be flexible, with 63,000+ projected for Jaguars games and the ability to flex 70,000+ for the annual Florida-Georgia game and other major events.

The following timeline for the stadium renovations was included in the agreement:

Potential final Jacksonville City Council vote: June 25, 2024

NFL owners approval: Oct. 2024

Construction begins: Feb. 2025

2025 season: In Jacksonville with 60K+ stadium capacity

2026 season: In Jacksonville with approximately 43.5K stadium capacity

2027 season: Away from Jacksonville

Renovations complete and facility opening: Aug. 2028

Jacksonville’s Main part of their project is literally just putting up shiny walls and covering their existing stadium whereas you’re gonna see more internal remodeling with Bank of America…two different projects construction wise 

you can tell from the mock ups they are keepig everbanks internal portion and just making the outside nicer. Still the same stadium.

Edited June 26, 2024 by Panthercougar68

[Tbe]

Just now, Panthercougar68 said:

Jacksonville’s Main part of their project is literally just putting up shiny walls and covering their existing stadium whereas you’re gonna see more internal remodeling with Bank of America…two different projects construction wise 

Right. My understanding is the stadium needs a lot of structural work to last another 20 some years.

[Anybodyhome]

https://www.wusf.org/sports/2024-05-15/jaguars-and-jacksonville-detail-plans-to-spend-1-4-billion-on-a-stadium-of-the-future

The 63,000-seat, open-air stadium will include a translucent covering that’s the equivalent of “wearing shades in the sun,” Lamping said. It's expected to lower outside temperatures by 15 degrees.

The stadium plan also includes 140% more concourse space, 190 new points of sale, 16 new escaladers, 12 new elevators and 12 new restrooms.

Capacity could be expanded to 71,500 to accommodate the annual Florida-Georgia college football rivalry, the Gator Bowl, a College Football Playoff game or a Final Four basketball tournament. Pools and a party deck would remain in the north end zone.

The city and the Jaguars still hope to add substantial development to the surrounding area, which is expected to include a University of Florida satellite campus that would bring in 10,000 graduate students. Deegan called the surrounding area critical to the development of the downtown area.

[pantherclaw]

On 6/25/2024 at 7:57 AM, Jay Roosevelt said:

The issue of stadium funding one that needs to be addressed with legislation at the national level. No way should any city or state be handing billionaire team owners hundreds of millions of dollars to help build stadiums that will be 100% owned by the team. At the very least the taxpayers should have partial ownership of the stadium and receive revenue from any events held there or have the team(s) that play there pay rent. poo; something.

Didn't know we lived in a utopian society.  

[Barney]

All I know is Person just needs to report.  We don't really need to hear his butthurt whining in the process.