• Loading stock data...
Tuesday, November 5, 2024
The Best Employers in Sports survey is open through Nov. 6 Learn More

Nashville Commissions Report for $2.2B Titans Stadium

  • The Titans have planned a 1.7 million-square-foot stadium.
  • Estimated costs range between $1.9 billion and $2.2 billion.
Nissan-Stadium-Nashville-Tennessee
Kirby Lee-USA TODAY Sports

The Tennessee Titans are close to finalizing a deal for a new domed stadium, but final approval requires the expedition of a $200,000 report over the team’s current lease at Nissan Stadium.

The report, which is a “condition assessment,” was commissioned by Nashville’s Metro Council in June after the Titans claimed that upgrading Nissan Stadium would cost roughly $1.8 billion

The expensive upgrades were a stark increase from the $293.2 million management consulting company Venue Solutions Group said was needed to keep Nissan Stadium viable through 2037.

Even though a new stadium for the Titans could “deliver the best value,” according to several state leaders, a member of the Metro Council believes the project should be reevaluated. 

  • The Titans — valued at $2.62 billion — have planned a 1.7 million-square-foot stadium.
  • Estimated costs range between $1.9 billion and $2.2 billion.
  • A completed “condition assessment” is expected in November. 

The Titans’ current lease at Nissan Stadium runs through 2039 and requires the city of Nashville and taxpayers to pay for maintenance. Nashville would be obligated to pay roughly $894 million for upgrades between 2026 and 2039, while a new stadium is set to open in 2026. 

Increased Value

The Titans could be worth more than $3 billion if a deal for a new stadium is finalized. The team would benefit from both a new stadium that could garner higher ticket prices and the increasing value of NFL franchises following the record sale of the Denver Broncos in June for $4.65 billion.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

On the Ballot: Sports Betting, Former Athletes Impacting the 2024 Election

Several U.S. Senate candidates have sports backgrounds, while Missouri voters will consider legalizing sports betting.

Lululemon-Fanatics Collab With NHL Sees ‘Explosive’ First-Day Sales

The premium collection made up 80% of all NHL merch sales.
Feb 1, 2024; Toronto, Ontario, CANADA; Team King defender Savannah Harmon (15) scores against Team Kloss goaltender Nicole Hensley (29) during the PWHL 3-on-3 Showcase during NHL All-Star Thursday at Scotiabank Arena.

PWHL Will Add Two Teams in Expansion Move

Possible new sites include Detroit, Pittsburgh, and Quebec City.

WNBA Eyes 16th Team by 2028: Engelbert Evaluates Candidates

Sixteen teams would tie a league record for active franchises.
podcast thumbnail mobile
Front Office Sports Today

NFL Teams Face Crossroads at Season’s Halfway Point

0:00

Featured Today

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion
November 2, 2024

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.
Sep 28, 2024; Tuscaloosa, Alabama, USA; GOP Presidential candidate Donald Trump waves flanked by former Georgia Bulldogs player Herschel Walker, recording art Kid Rock, professional golfer John Daily, Alabama senators Tommy Tuberville (R) and Katie Britt (R) during the second half of the game between the Alabama Crimson Tide and the Georgia Bulldogs at Bryant-Denny Stadium.
November 1, 2024

Mission Swing State: College Football’s Political Advertising Battle

Trump, Harris, and the PACs that support them are utilizing the sport.
October 31, 2024

The Untapped Revenue ‘Powder Keg’ of Women’s NFL Fandom

There’s a “boatload” of money at stake for brands and the league.

Cubs Agree to Alter Wrigley As Part of DOJ Settlement

The second-oldest MLB ballpark will have to make upgrades again.
November 1, 2024

Inside Cosm’s Plans for a Fourth Location—and Beyond

The downtown Detroit site will add to the city’s sports and entertainment district.
November 1, 2024

Rays’ Future Uncertain As Tropicana Field Repairs Begin

The Rays still don’t know where they will play in 2025.
Sponsored

World Series Delivers High-Demand Marquee Matchup

The hype around the World Series matchup drove ticket prices to record levels—but the Dodgers’ dominance quickly quieted the fervor.
October 31, 2024

Florida-Georgia Game Hits the Road Amid $1.4B Stadium Renovation

EverBank Stadium will have reduced capacity in 2026 and be closed in 2027.
Oct 20, 2024; Cleveland, Ohio, USA; Cleveland Browns defensive end Myles Garrett (95) walks off the field after the game against the Cincinnati Bengals at Huntington Bank Field.
October 25, 2024

Browns Sue Cleveland Over ‘Modell Law’ Threatening Suburban Dreams

The Browns want a new stadium, but a law forbids leaving downtown.
October 24, 2024

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

The team and city have been embroiled in a lease dispute.
Intuit Dome
October 24, 2024

From Restrooms to Tech, Fans Rave About Intuit Dome Despite ‘Hassle’

The Intuit Dome cost $2 billion to build.