• Loading stock data...
Sunday, December 22, 2024

Packers Agree to Green Bay’s Rent Terms Amid Lambeau Lease Dispute

  • The Green Bay city council unanimously defended its mayor, whom the team has attacked.
  • The Packers had sought to keep rents at Lambeau flat. 
Syndication: Green Bay Press-Gazette

The Packers appear to be backing down in a long-standing dispute with Green Bay over Lambeau Field rent terms.

After repeatedly proposing a flat $1 million in rent annually, with no increases, the team has now proposed a 30-year lease that starts at $1 million in rent and increases by 2.75% per year—in line with what the city council and mayor had asked for.

The deal has not yet been agreed to as the sides continue to work out the non-financial terms. Particularly in dispute is the role of a third party, the Green Bay/Brown County Professional Football Stadium District.

Negotiations among the Packers, Green Bay mayor Eric Genrich, and the city council had grown heated this fall.

It includes everything that they want in a deal, but nothing that benefits the taxpayers of the city of Green Bay,” Brian Johnson, the council’s president at the press conference, said of the Packers’ previous proposals. “The Packers have repeatedly reneged on their promise to provide revised terms that reflect our discussions.”

During Wednesday’s press conference, which included every council member donning Packers gear, the members said while saying the team misrepresented its lease situation in previous offers and didn’t properly account for the locals. 

“This process has become untenable, as the Packers have already invested four years in discussions and submitted three proposals without receiving a single counter proposal,” the team said in a statement, via the Green Bay Press Gazette. “If this extension as proposed is unacceptable, the Packers will not engage in further discussions.”

A week ago, the Packers asked the Green Bay/Brown County Professional Football Stadium District to intervene in the dispute. (The team, city, and Stadium District co-own Lambeau.) The stadium is set to host the 2025 NFL draft in April. 

Before Wednesday, talks between Packers CEO Mark Murphy and Genrich hadn’t resumed in months and the team said the delay caused it to halt $80 million offseason renovations to the stadium. The team wanted to keep its rent with Lambeau to $1 million per year for the next 30 years while proposing to cover all costs for the proposed $1.5 billion renovations instead of seeking taxpayer assistance. 

Genrich and the city council want to remove the Stadium District’s authority over Lambeau matters, while the Packers’ proposal has it keeping influence over the length of the 30-year lease. According to Johnson and Genrich, the only thing the Stadium District needs to do is manage a Lambeau fund that is set to run out of money in 2031, and when the fund dries up, the district won’t be needed. 

“Once that fund is depleted, to have the stadium board intervene in discussions between the Packers and the city when the city is the owner of the field doesn’t make any sense.” Johnson said. “Now, that said, I get why the Packers want to do it. Their concern is what if you have political motivations that get in the way of, obviously, a very big franchise? The city has agreed to put in guardrails to prevent that from happening. The Packers have rejected that.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Ohio State Buckeyes running back TreVeyon Henderson (32) runs for a touchdown during the first half of the College Football Playoff first round game against the Tennessee Volunteers at Ohio Stadium in Columbus on Dec. 21, 2024.

Home Teams Sweep First On-Campus CFP Games

All underdogs lost to home teams in the newly expanded Playoff.

Rickey Henderson Dies, Had Direct Impact on New MLB Rules

MLB’s all-time stolen base leader left an indelible mark on the league.

Clemson-Texas Matchup Showcases Everything New in College Football

CFP format changes and the new conference landscape were on full ugdisplay.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.

RFK Stadium Bill Passes in Overnight Stunner

In a 1:15 a.m. vote, all 100 senators voted yes.

Featured Today

Texas Memorial Stadium

Inside the First On-Campus College Football Playoff Games

FOS is on the ground in Austin for Clemson-Texas.
Pat McAfee holds up the USC Gamecock during ESPN Gameday near Williams-Brice Stadium in Columbia, S.C. Saturday, September 14, 2024.
December 20, 2024

‘Traveling Circus’: How ‘College GameDay’ Plans to Visit Two Campuses in 24..

Inside the show’s grueling schedule for the expanded Playoff.
December 19, 2024

The Lawsuits That Defined the Business of Sports in 2024

Litigation was flying, and lawyers were busy this year.
Indiana's Elijah Sarratt (13) celebrates a touchdown during the Indiana versus Purdue football game at Memorial Stadium on Saturday, Nov. 30, 2024.
December 16, 2024

How College Football Entered an Unprecedented Era of Parity

The reason the expanded Playoff bracket includes new faces.
Dec 17, 2024; Washington, DC, USA; Speaker of the House Mike Johnson (R-LA) alongside Steve Scalise (R-LA), left and Tom Emmer (R-MN), right, during a press conference on Tuesday, Dec. 17 on Capitol Hill in Washington.

Spending Bill Fiasco Keeps RFK Stadium Bill Hopes Alive

NFL pressure could be “best hope” to revive RFK Stadium bill.
December 19, 2024

Philadelphia Approves $1.55B Sixers Arena Despite Demonstrators

Despite protestor disruptions, Philadelphia’s city council approves the controversial project. 
Boston mayor Michelle Wu
December 19, 2024

Boston Mayor Defends NWSL Stadium Renovation Going $100 Million Over Budget

Costs to renovate the 75-year-old stadium have roughly doubled.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
December 19, 2024

Mavericks CEO Hire Makes Adelsons’ Arena Ambitions Clear

The NBA team pulls a legendary executive out of retirement.
Dec 1, 2024; Landover, Maryland, USA; Washington Commanders tight end Zach Ertz (86) spikes the ball in the end zone after catching a touchdown pass as Commanders wide receiver Terry McLaurin (17) celebrates against the Tennessee Titans during the fourth quarter at Northwest Stadium.
December 18, 2024

Commanders D.C. Stadium Plan Hinges on Government Funding Resolution

D.C. is a frontunner for a Commanders stadium—if a funding bill passes.
December 17, 2024

Rays $1.3 Billion Stadium Gains Approval With Manfred’s Influence

The commissioner helps turn opposition after a recent visit to Florida.
December 16, 2024

Vegas Positioned for NBA Expansion Team, but Where Will It Play?

At least three Las Vegas locales are vying for an NBA team.