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Tuesday, April 23, 2024
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Nashville Passes $2.1B Titans Stadium, Sets Record for Public Funding

  • Nashville will use at least $1.26B in public funds, the most ever for a U.S. stadium project.
  • The stadium hopes to be ready for the 2027 NFL season and will seat 60,000 fans.
Titans stadium.
Tennessee Titans/MANICA

The Tennessee Titans have the green light for their new stadium. 

Nashville’s Metro Council passed a $2.1 billion proposal early Wednesday morning to build a new domed stadium slated to open in time for the 2027 season.

The deal — the largest in Nashville’s history — will use at least $1.26 billion in public funding, making it the biggest public subsidy for a stadium in U.S. history. The previous record belonged to the Buffalo Bills, who recently secured $850 million in public funding for their new stadium.

Nashville’s city council met for five hours on Tuesday night before approving the stadium with a 26-12 final vote. 

The new 60,000-seat stadium will be built on 15 acres along the east bank of the Cumberland River and boast a translucent roof. It will be a potential host for the Super Bowl, College Football Playoffs, and NCAA Final Four games. 

While Nashville residents will fund most of the new stadium through tax dollars, the Titans will pay about $840 million via NFL loans and Personal Seat License sales. 

As part of the deal, the Titans have agreed to waive the $32 million the city owes in maintenance fees over the past four years at their current home, Nissan Stadium.

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