More stadium agreements on the horizon for professional sports franchises nationwide

Pro sports teams across the country are planning to build new stadiums, with the Jaguars being just one of them. Teams like the Chicago Bears, Buffalo Bills, Kansas City Chiefs, Tennessee Titans, and Tampa Bay Rays are all in different stages of development for their new stadium projects.

In Florida, the Tampa Bay Rays have been discussing a new stadium for years. While there was once talk of moving the stadium from St. Petersburg to Tampa, the team now plans to build a new stadium in St Pete’s historic Gas Plant District. The city council is currently reviewing a $1.3 billion plan, with $600 million in funding coming from taxpayers.

Despite their recent Super Bowl win, the fate of stadium renovations for the Kansas City Chiefs is uncertain. Voters recently rejected a 40-year sales tax increase to fund $2 billion in upgrades to the Chiefs’ stadium and a new stadium for the Royals. This has led to speculation that the Chiefs may consider relocating to another city.

The Bears have unveiled renderings of a new stadium to replace Soldier Field, with an estimated cost of $4.7 billion, with taxpayers funding half of the project. The team hopes to begin construction next summer.

On the other hand, the Tennessee Titans and Buffalo Bills have already begun construction on their new stadiums. The Titans’ project is expected to cost around $2 billion, with significant funding from the state of Tennessee and Nashville. The Bills’ stadium is projected to cost $1.5 billion, with 55% of the funding coming from taxpayers

By Sophia Gonzalez

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