Tag: Metro Nashville Sports Authority

Titans Projected to Sell $270 Million in Personal Seat Licenses at New $2.1 Billion Stadium

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The Tennessee Titans are expected to make about $270 million off personal seat licenses, an amount that will go toward the team’s contribution to a new projected $2.1 billion stadium set to open in fall 2027.

The projection was revealed through a $25 million sales tax estimate on Nashville’s 9.25% state and local sales tax during Wednesday’s work session of the Metro Nashville Sports Authority. The team will be giving current Nissan Stadium PSL holders a full credit for their current PSL toward the price of a PSL at the new stadium.

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Nashville Stadium Committee Members Spar Over Use of Taxpayer Funds for $2.2B Dome

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Thursday’s Nashville East Bank Committee Meeting was scheduled to be about the city’s capital improvement obligations at Nissan Stadium.

But a portion of the meeting was ultimately a preview of a central point of the Metro City Council’s ultimate debate on approving nearly $2 billion in bonds that will be paid for with an estimated $1.5 billion in public funds for a new estimated $2.2 billion stadium.

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Nashville Could Commission $200K Study on Titans’ Stadium Lease Obligations

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Nashville will consider spending $200,000 on a “stadium study” to evaluate the Tennessee Titans’ claim that the city would owe $1.839 billion under the terms of the team’s current lease if Nissan Stadium in Nashville was renovated instead of having a new estimated $2.2 billion stadium built.

The line item called “study of Nissan Stadium obligations” appeared on a revised city budget from Metro Nashville Budget and Finance Chair Burkley Allen. The amendments will be discussed at Tuesday’s council meeting.

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