It’s a deal: Jacksonville City Council approves stadium agreement with Jaguars
The last hurdle for the $1.4 billion stadium is a vote by the NFL owners group in October.
The Jacksonville Jaguars’ “Stadium of the Future” took a big step toward becoming a present-day reality June 25 when the Jacksonville City Council finalized a deal to revamp and modernize EverBank Stadium and keep the team in it for the next three decades.
Council members voted 14-1 with two abstentions on a $1.45 billion package of legislation that includes funding for the stadium’s makeover, a 30-year lease, a nonrelocation agreement and $56 million in spending on riverfront parks and the stadium-adjacent flex field. Contained in Ordinance 2024-0904, the deal includes $775 million in public funding for the stadium, the largest single capital project in the city’s history.