Nashville Council Approves Term Sheet for New $2.1B Tennessee Titans Stadium

Metro Nashville’s Council approved a non-binding term sheet related to building a new $2.1 billion Tennessee Titans stadium on Tuesday night.

The term sheet outlined a deal that includes $1.26 billion in taxpayer funds toward building the stadium along with a tax fund that is projected to collect $2.9 billion during the 30-year lease to pay off $760 million in revenue bonds from Metro Nashville’s Sports Authority. This tax fund will also pay for future maintenance and upgrades at the stadium.

Read More