Jacksonville Jaguars Score Big with $1.4 Billion Stadium Renovation
In a major victory for the city of Jacksonville, NFL owners have unanimously approved a $1.4 billion renovation of EverBank Stadium, solidifying the Jaguars’ commitment to the region. The deal marks a significant milestone for the franchise, which has faced relocation rumors for over a decade.
A New Era for EverBank Stadium
Construction on the state-of-the-art stadium is set to begin in early 2025, with the Jaguars playing in a reduced capacity in 2025 and 2026. The renovated venue will boast a shaded canopy over every seat, reducing temperatures by 15 degrees, and feature a seating capacity of 63,000, expandable to 70,000-plus for major events like the annual Florida-Georgia game.
A World-Class Venue
Jaguars owner Shad Khan hailed the agreement as a game-changer for the city, stating, “The venue will be world-class by every definition. It will impressively serve the Jaguars and their fans, attract major sports and entertainment events to our region, and serve as an economic catalyst for decades to come.”
A City on the Rise
Mayor Donna Deegan, a Jacksonville native, praised the deal, saying, “This stadium agreement and accompanying lease will permanently put to rest the relocation rumors that have plagued the franchise for the past decade… We are a city on the rise, and the Jaguars are a big part of that.”
A 30-Year Commitment
The agreement includes a 30-year lease, set to begin once the stadium reopens, and a non-relocation agreement, ensuring the Jaguars’ long-term presence in Jacksonville. The deal also allows for up to six international home games over the next three seasons, with a maximum of three in 2027.
The Future of Jaguars Football
As the team prepares for the 2027 season, which will be played elsewhere, Jaguars president Mark Lamping acknowledged that much work remains to be done. “We have a lot of work to do on that decision… We’ve done surveys with our fans, sponsors, and employees, and we’re having ongoing discussions principally aimed at Gainesville and Orlando.”
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