• Loading stock data...
Wednesday, January 22, 2025

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

CFP Title Game Draws 22 Million Viewers, Down 12% From Last Year

Ohio State defeated Notre Dame in Monday’s title game.

WNBA Free Agency Heats Up: Griner, Plum Among Stars in the Mix

Jewell Loyd is not a free agent but requested a trade.

How the Suns Added Draft Picks and Showed They’re All In on..

Butler returned Friday from a seven-game suspension.

Utah Hockey Club Names Like Yeti Face Trademark Issues

Naming the NHL team “the Yeti” runs into trademark issues.

Featured Today

Jeremiah Smith

Ohio State’s Title Isn’t As Simple As $20 Million in NIL

Three lessons from the Buckeyes’ title beyond “pay the best players.”
January 22, 2025

Can Upstart Sports Leagues Beat the Grim Start-Up Odds?

Investors think they can buck the massive failure rate of new enterprises.
January 21, 2025

Amateurism Dilemma on Full Display at the College Football Playoff

The sport has never looked or operated more like a pro league.
January 19, 2025

Unrivaled’s Impeccable Timing Pressures WNBA to Give Players More

The league could “blow the lid off” the business of women’s sports.

Caitlin Clark Effect Fuels Fever’s New $78M Downtown Training Center

The WNBA club is the latest to develop a new practice facility.
Apr 7, 2022; Atlanta, Georgia, USA; A general view of fans outside of Truist Park before the game on Opening Day between the Atlanta Braves and Cincinnati Reds.
January 14, 2025

Philly Rips Page From Rival Playbook With Sports Complex Revamp

Philadelphia’s mayor frequently touts the influential Braves development.
Sep 8, 2024; Cleveland, Ohio, USA; Cleveland Browns quarterback Deshaun Watson (4) runs the ball while looking for a receiver against the Dallas Cowboys during the first quarter at Huntington Bank Field.
January 15, 2025

Cleveland Countersues Browns As Stadium Dispute Escalates

The Browns want to build a $2.4 billion dome in the suburbs.
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.
January 13, 2025

76ers Choose to Stay in South Philly, Scarred by Protests and Opposition

The pact also includes Comcast acquiring a stake in the 76ers.
Josh Harris
January 13, 2025

Commanders, Sixers Owner Josh Harris Had a Wild, Historic Sunday

The tri-city team owner crossed two big milestones Sunday.
January 12, 2025

Sixers Ditch Downtown Dreams, Partnering on South Philly Arena

The NBA team and Comcast Spectacor will develop a new South Philadelphia arena.
January 9, 2025

As Fires Devastate L.A. Area, NFL Moves Vikings-Rams Game

As of now, Monday’s wild-card game is still set for SoFi Stadium.