NFL IN LA: THE DEFINITIVE NFL STADIUM GUIDE VERSION 1.5
By Jaboner Jackson 3 pm | In June 2011, we posted our Definitive NFL Stadium Guide, which provided essential details for all 32 NFL teams and their respective stadiums. The Definitive Guide was widely picked up in the media including by SportsPro Magazine. Today, we post our updated version, which has additional information regarding naming rights and lease terms. Most of the information remains the same but if you are an NFL Stadium Geek like we are, you’ll appreciate the changes. You can still find version 1.0 here. We’ll continue to update the Definitive Guide as needed. (For reprint inquires, please contact jaboner@footballphds.com.)
|
TEAM |
STADIUM |
OPENING YEAR |
LEASE TERM EXPIRATION |
OWNER |
COMMENTS Revised 08/28/2011 |
|
|
|
|
|
|
|
|
Arizona Cardinals |
University of Phoenix Stadium |
2006 |
2034 |
State of Arizona |
$395 million construction cost of which $261 million was publically financed and $134 million was privately financed. Naming rights: $154 million, 20 years footballphds.com |
|
Atlanta Falcons
|
Georgia Dome |
1992 |
2020*
|
State of Georgia |
*Lease Term depends on the retirement of the debt service on the stadium, which is expected to be 2020 by the State but estimated by the Falcons to be as soon as 2016. Owner Arthur Blank shares in the profits of the stadium by the State. Blank wants a new stadium but has not yet played the relocation card. footballphds.com |
|
Baltimore Ravens |
M&T Bank Stadium |
1998 |
2026 |
State of Maryland (Maryland Stadium Authority) |
$224 million stadium cost of which $200 million was publically financed. The Ravens pay $1 per year in rent but cover capital expenditures for improvements at the stadium. Ravens received $50 million at outset of lease. Naming rights: $75 million, 15 years footballphds.com |
|
Buffalo Bills |
Ralph Wilson Stadium |
1973 |
2013 |
Erie County, New York |
Owner Ralph Wilson could have terminated the lease beginning in 2004 for $2 million but has not and remains committed to Erie County. However, he is 92 years old and a sale upon death is possible depending on estate planning issues. footballphds.com |
|
Carolina Panthers |
Bank of America Stadium |
1996 |
Not disclosed (team owns stadium) |
Carolinas Stadium Corporation (Carolina Panthers) |
Panthers essentially own their own stadium. Naming rights: $140 million, 20 years footballphds.com |
|
Chicago Bears |
Soldier Field |
1924; renovated 2003 |
2033 |
City of Chicago (Chicago Park District) |
Bears pay $5.7 million per year for lease. footballphds.com |
|
Cincinnati Bengals |
Paul Brown Stadium |
2000 |
2026 |
Hamilton County, OH |
Bengals will pay $7.4 million in rent for the next five years The publicly owned stadium has been losing money for years and property taxes have been covering the deficit. footballphds.com |
|
Cleveland Browns |
Cleveland Browns Stadium |
1999 |
2026 |
City of Cleveland |
Browns pay $3.6 million in rent. Stadium pays for almost all game day expenses except for first $250K. Browns received $30 million upfront at beginning of lease term. footballphds.com |
|
Dallas Cowboys |
Cowboys Stadium |
2009 |
2038 |
City of Arlington |
Cowboys pay $2 million annually in base rent. Arlington issued $325 million in bonds which yelds an annual debt payment of about $24 million for the City for the next several years before reducing to as low as $3.2 million in 2030. These bonds are paid from revenues from stadium taxes, half-cent sales tax increase, 2% hotel tax increase, 5% car tax increase. Another set of bonds worth $147 million are paid by ticket and parking taxes. City of Arlington will get only 5% of Naming Rights fees up to a maximum of $500K annually. footballphds.com |
|
Denver Broncos |
Invesco Field |
2001 |
2028 |
City of Denver (Metropolitan Football Authority) |
The Metropolitan Football Stadium Board wanted six luxury boxes upon completion of the stadium and ended up getting one. Like I always say: City Politics is the second oldest profession in the world. Naming rights: $120 million, 20 years footballphds.com |
|
Detroit Lions |
Ford Field |
2002 |
2034 |
Wayne County / City of Detroit |
$125 million cost of stadium publically financed and $346 million privately financed. footballphds.com |
|
Green Bay Packers |
Lambeau Field |
1957 and renovated in 2003 |
2030 |
City of Green Bay |
$293 million renovation completed in 2003 for which $160 was publically financed. footballphds.com |
|
Houston Texans |
Reliant Stadium |
2002 |
2031 |
Harris County, TX |
$424 million total cost of which $309 million was publically financed and $50 million was obtained through sale of Personal Seat Licenses. Texans pay $1.5 million rent annually. Naming rights: $300 million, 32 years footballphds.com |
|
Indianapolis Colts |
Lucas Oil Stadium |
2008 |
2034 |
State of Indiana |
Colts pay $3.6 million in rent. Colts received $48 million at outset of lease. Naming rights: $122 million, 20 years footballphds.com |
|
Jacksonville Jaguars |
EverBank Field |
1995 |
2030 |
City of Jacksonville |
Jags can only break their lease if without fault if a judge determines that the city has not properly maintained the stadium or the team has lost money for 3 consecutive seasons. One of the toughest leases in the NFL with payments to break the lease estimated at $60-80 million. Jags pay $10.2 million in rent. footballphds.com |
|
Kansas City Chiefs |
Arrowhead Stadium |
1972 and renovation completed 2010 |
2031 |
Jackson County |
Renovation cost of $375 million. footballphds.com |
|
Miami Dolphins |
Sun Life Stadium |
1987 |
Not applicable; Team essentially owns stadium |
Stephen M. Ross (owner of Miami Dolphins) |
Shared baseball and football stadium for Dolphins and Marlins until this year when Marlins got dedicated baseball stadium. Owner Stephen M. Ross wants hotel taxes directed towards $225 million renovation. footballphds.com |
|
Minnesota Vikings |
Metrodome |
1982 |
2011 |
State of Minnesota (Metropolitan Sports Facilities Commission) |
$4 million in annual rent has been waived by stadium for past few years. Two competing stadium proposals for new stadium: City of Minneapolis and Ramsey County. Ramsey County remains the frontrunner as of this writing. AEG likely to play a management role for the new stadium in Ramsey County. footballphds.com |
|
New England Patriots |
Gillette Stadium |
2002 |
2026 |
Kraft Sports Group (Robert Kraft, owner of the Patriots) |
$406 million total construction cost of which $336 million was privately financed. Naming rights: $150 million, 15 years footballphds.com |
|
New Orleans Saints |
Louisiana Superdome |
1975 |
2025 |
State of Louisiana (Louisiana Stadium/Expo District) |
Saints signed lease extension in 2009. Saints receive $6 million annually (maximum) from Louisiana to play in the Superdome. footballphds.com |
|
New York Giants |
MetLife Stadium |
2010 |
2032 with opt options beginning in 2022 |
State of New Jersey (New Jersey Sports and Exposition Authority) |
Naming rights secured 2011 at $400 million over 20 years. Revenue to be split between Giants and Jets. footballphds.com |
|
New York Jets |
MetLife Stadium |
2010 |
2032 with opt options beginning in 2022 |
State of New Jersey (New Jersey Sports and Exposition Authority |
Naming rights secured 2011 at $400 million over 20 years. Revenue to be split by Giants and Jets. footballphds.com |
|
Oakland Raiders |
O.co Coliseum |
1968 with renovations in 1996 |
2013 |
City of Oakland and Alameda County |
Raiders made no upfront contribution for their return to Oakland while the City of Oakland paid $100 million for the stadium project. footballphds.com |
|
Philadelphia Eagles |
Lincoln Financial Field |
2003 |
2032 |
Philadelphia Eagles |
$520 million cost of which $330 million was privately financed and $190 million was publically financed. Several lawsuits between the Eagles and the City of Philadelphia have worked their way through the legal system regarding payments and debt obligations. Naming rights: $140 million, 20 years footballphds.com |
|
Pittsburgh Steelers |
Heinz Field |
2001 |
2030 |
City of Pittsburgh and County of Allegheny |
$234 million construction cost with $138 million publically financed. $42 million was financed through Personal Seat Licenses on the private side. footballphds.com |
|
San Diego Chargers |
Qualcomm Stadium |
1967 |
2020*
|
City of San Diego |
*Chargers can break lease with early termination fee that is currently $24 million Stadium operating at $10 million loss annually. $18 million, 20 years (ends 2017) footballphds.com |
|
San Francisco 49ers |
Candlestick Park |
1960 |
2015* |
City of San Francisco and County of San Francisco |
Niners have an option to opt out of the lease in 2014 Proposed new stadium in Santa Clara likely if ownership does not change. Voters passed footballphds.com |
|
Seattle Seahawks |
CenturyLink Field |
2002 |
2031 |
State of Washington |
$465 million in construction cost of which $296 was publically financed and $169 was privately financed including $100 million from owner Paul Allen. Seahawks pay $850K annually in rent. State referendum for stadium financing barely passed 51 to 49 percent even though Allen paid $5.4 million promoting the referendum. Naming rights; $75 million, 15 years for Qwest; extended in 2011 by new parent company, CenturyLink, until 2019, financials not disclosed footballphds.com |
|
St. Louis Rams |
Edward Jones Dome |
1995 |
2024* |
City of St. Louis (St. Louis Regional Sports Authority) |
*Rams have an out clause in their lease for 2014. Rams pay $3.6 million in rent. Rams received $30 million at outset of lease. $257 cost of the stadium of which 100% was publically financed. Stan Kroenke is majority owner since 2010. Naming rights: ~$30 million, 12 years footballphds.com |
|
Tampa Bay Buccaneers |
Raymond Jones Stadium |
1996 |
2025 |
Hillsborough County, FL |
Bucs pay $3.5 million annually in rent. $168 million cost of which $153 million was publically financed. footballphds.com |
|
Tennessee Titans |
LP Field |
1999 |
2024 |
City of Nashville and Davidson County |
Titans pay $1 million rent annually. $292 million construction cost of which $220 million was publically financed. Almost all of the $72 million in private financing was from the sale of Personal Seat Licenses. footballphds.com |
|
Washington Redskins |
FedEx Field |
1997 |
2026 |
Daniel Snyder (Owner of Redskins) |
$259 construction cost of which then owner Jack Kent Cooke financed $189 million. The remaining was publically financed through civic upgrades. Naming rights: $205 million, 27 years footballphds.com |
Pin It
August 28th, 2011 - 15:06
You made a mistake on your chart. The Raiders got a new lease at Farmers Field holmes!.
August 28th, 2011 - 15:49
God forbid.