Story by
Jaguars stadium renovation deal will be announced Tuesday, City Council president says
- Story by
- Jaguars stadium renovation deal will be announced Tuesday, City Council president says
The Jaguars and Mayor Donna Deegan have reached a deal for renovations of the stadium , City Council President Ron Salem announced Wednesday.
"The mayor reached out to me late yesterday afternoon to inform me that the executive branch and the Jaguars have reached an agreement on the stadium renovation," Salem said at the beginning of a joint meeting with the Duval County School Board Wednesday morning.
Advertisement
The mayor's office and consultants have led the city's negotiations since August and will present the proposed agreement to council at the next regular meeting on Tuesday.
"We have reached an agreement on the framework of a deal," Deegan said in a statement Wednesday. "The negotiating team is currently putting the final details on paper, and we will release that information as soon as it is available."
Nate Monroe: Jaguars stadium deal will be a challenge for Mayor Deegan unlike any other
Gene Frenette: Jaguars, city appear on a good track to close out deal on renovated NFL stadium
Ahead of the start of official business during a joint meeting on Ma 8 of City Council and School Board, Jacksonville City Council President Ron Salem announced that he received a call from Mayor Donna Deegan late Tuesday saying that the executive branch of the mayor's office and the Jacksonville Jaguars had come to an agreement on a stadium deal.
Salem did not comment on what share the city could carry of the potential $1.4 billion renovation.
Advertisement
"I do not know the specifics of this particular deal but look forward to engaging the council during the month of June as we move forward to review it," Salem said.
City Council will have to approve the deal over the next few months. The Jaguars, according to previous Times-Union reporting , hope to have a deal finalized by early summer in order to take it to the NFL owners meeting in October.
The city will host a series of public meetings to discuss the deal, much like the Jaguars "huddles" last year.
Deals in other cities: Stadium deals in Buffalo and Nashville show how Jacksonville agreement could be shaped
Advertisement
The current lease for the Jaguars to use city-owned EverBank Stadium goes through the 2029 season. A major piece of the stadium renovation involves negotiations for a new 30-year lease.
The talks also have involved whether the Jaguars would play home games away from Jacksonville during the 2026 and 2027 seasons or just the 2027 season because of the extensive construction.
Deegan has said a key area for her is what the "community benefit" portion of the agreement would be for the Jaguars to support neighborhood improvement programs, such as in the Eastside neighborhood that is located near the sports complex.
This article originally appeared on Florida Times-Union: Jacksonville Jaguars stadium renovation deal is ready for presentation
