• Loading stock data...
Friday, May 3, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

New Titans Stadium Tax Fund to Collect $2.9B

  • A Tennessee Titans stadium tax fund is projected to generate nearly $3 billion over 34 years.
  • The fund is scheduled to pay for Nashville revenue bonds on the proposed $2.1 billion Titans stadium.
Renderings of new Tennessee Titans stadium
Tennessee Titans

A Tennessee Titans stadium tax fund is projected to generate nearly $3 billion over 34 years.

The fund is scheduled to pay for Nashville revenue bonds on the proposed $2.1 billion Titans stadium, collecting $2.9 billion through 2056, according to Metro Nashville — not including the state’s $500 million commitment.

Titans stadium.

A Look Inside the Titans’ New $2B Stadium

The 1.7 million-square-foot stadium will look to host events year-round.
October 25, 2022

The tax fund is set to pay off $760 million in revenue bonds from the Metro Nashville Sports Authority and will be used toward a capital improvements fund for stadium work in the future.

  • A new 1% hotel tax in Davidson County is expected to collect $19 million in 2023 with a 2% annual increase, reaching $36.5 million in 2056 for a total of $912.6 million over 34 years.
  • A $3 ticket tax for all stadium events is projected to generate $1.8 million annually from 2027.
  • A 50% sales tax for a potential surrounding 130-acre development is expected to bring in $806.9 million starting in 2026 — the anticipated open date.

New to Nashville

At a capacity of 60,000, the stadium could be the smallest in the NFL. It would still be able to host the Super Bowl since the NFL has adjusted its requirements. 

A domed stadium has support from country music star Garth Brooks, who wrote a letter to Metro Council calling an enclosed stadium “a must.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

From Hype to Staple: Miami GP Now a Formula One Fixture

Ticket pricing and viewership have fallen, but the high-profile race is still becoming core to the local sports scene.

Miami GP Highlights Continued Formula One Investment in the U.S.

F1 now has three events in the U.S., and each one has its own unique draw.

Lights, Camera, Premier League: Wrexham Owners’ Hollywood-Like Plan

Plans are brewing to triple the club’s stadium capacity.
podcast thumbnail mobile
Front Office Sports Today

Why the Kentucky Derby is Still a Hot Ticket, 150 Races Later

0:00
0:00

Featured Today

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Bears’ $4.7 Billion Stadium Pitch Caught in a Game of Political Football

The office of Illinois Gov. J.B. Pritzker brands the team’s stadium proposal as a ‘nonstarter.’
April 30, 2024

Not a Done Deal: Arlington Heights Keeps Its Bears Stadium Hopes Alive

Arlington Heights’ mayor says the village is ready to restart stadium talks with the NFL team.
May 1, 2024

Chiefs, Browns’ Stadium Renderings: Familiar Looking and … Premature?

New renderings and funding proposals begin to take shape long before any stadium deals are finalized.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 30, 2024

The A’s Still Have a $1.5B Question: Where’s the Money Coming From?

Team owner John Fisher reportedly looks to raise $500 million to help fund a new ballpark.
April 29, 2024

Chiefs, Royals Changing Course: From Neighbors to … Different States?

The long-time pro team neighbors and frequent allies are now working separately on stadium efforts.
April 26, 2024

Indianapolis Officially Vying for MLS Expansion Team

Questions arise about current plans for a stadium for its USL team.
April 25, 2024

Salt Lake City’s Rising Status: New NHL Team, Olympics Likely Next

A formal visit by former Coyotes players and coaches draws a capacity Delta Center crowd.