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Sunday, April 21, 2024
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Titans, SEC Oppose Attempted Ticket Tax on Nashville Stadium Proposal

  • A final vote on $2.1 billion stadium project has been postponed until April 25.
  • But SEC commissioner Greg Stankey expressed concerns that the amendment would be a “disincentive” to hold non-NFL sports events in Nashville.
Artistic rendering of the new Tennessee Titans stadium in Nashville.
Tennessee Titans

Nashville metro council members have pushed back a decisive vote on a new home for the Tennessee Titans.

A final vote on the team’s proposed $2.1 billion stadium project has been postponed until April 25 as the Titans and several tourist groups oppose a late-breaking amendment that would impact the revenue split of non-NFL events held at the stadium. 

Metro council member Brandon Taylor proposed the amendment, which would secure up to 10% of each ticket sold for a concert or non-pro football event at the stadium for the city, per Axios

The amendment narrowly passed 19-18 around 1 a.m. CT on April 5, and several groups aren’t happy — especially the Titans.

  • A mayoral aide said that a $470 million revenue loss for the team would be a “conservative” estimate.
  • Supporters claim the change would help fund new transportation and roadway infrastructure improvement in Nashville. 
  • But SEC commissioner Greg Sankey expressed concerns that the amendment would be a “disincentive” to hold non-NFL sports events in Nashville.

Live Nation, WME, Creative Arts Agency, and the Country Music Association were among several major entertainment organizations to sign a letter opposing Taylor’s amendment. The letter states the proposal “inflates the costs to ticket buyers, including every Davidson County resident who wants to see a sports event or a music concert,” according to the Tennessee Lookout

Next week’s meeting is expected to present a compromise proposal from Nashville council member Jennifer Gamble negotiated between the Titans and tourism officials. 

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