NFL owners unanimously approved Jacksonville's $1.4 billion “stadium of the future” Tuesday, a decision that should keep the Jaguars in one of the league's smallest markets for at least another 30 years.
Oct 15, 2024 at 04:38 PM ETNFL owners unanimously approved Jacksonville's $1.4 billion “stadium of the future” Tuesday, a decision that should keep the Jaguars in one of the league's smallest markets for at least another 30 years.
Twenty-four of 32 owners were needed to approve the project at the league's fall meetings in Atlanta. It was considered such a rubber-stamp situation that Khan and team president Mark Lamping were allowed to skip the meetings and avoid 12 hours of travel from London to Atlanta and back. Each side will pay $625 million toward the $1.25 billion project. Jacksonville, which won’t levy any new taxes to fund its part, will chip in another $150 million in deferred maintenance to get EverBank Stadium ready for construction.
The project also will affect the annual Florida-Georgia game and the Gator Bowl; Florida and Georgia have bid their rivalry out for consecutive years, with expected destinations being Atlanta in 2026 and Miami, Orlando or Tampa in 2027. The Gator Bowl is planning to play in Jacksonville in 2026 and potentially Gainesville in 2027.
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