Tennessee Titans Set To Splurge Billions To Ensure They Feature In The Super Bowl

Tennessee Titans will be committing a long-term future to the state of Nashville. The NFL team finally agreed on a new deal, which will see them move to a new stadium. While the organization still plays in the Nissan Stadium, Nashville mayor John Cooper has got the gears turning for a new home for the titans.

The Titans moved to Tennessee, Nashville in 1997. And has since been an integral part of the city. Developing strong relations with the public and state officials alike. Now the team has agreed on a new long-term deal, which will see them commit a huge chunk of their foreseeable future in the city.

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The state will be helping the team build a new stadium, which will be good enough to host Super Bowls. A state-of-the-art facility built on a mega stage. It will also allow them to finally host a Super Bowl in the future, as it will also have a dome on top.

As per a news report, the state of Nashville has agreed to a new $2.2 billion stadium. The 1.7-million square foot facility will also have a dome which allows it to host a Super Bowl and other events all year round.

Expressing her joy with the deal. Titans’ controlling owner Amy Adams Strunk said, “The way the people of Tennessee have embraced this team as their own is truly something special, and I am thrilled that with this new agreement, we will cement our future here in Nashville for another generation.”

Tennessee Titans to invest a huge amount in the deal

With the stadium reaching over the $2 billion mark, the NFL team itself will be putting up around $800 million for the project. While the rest of the funding will be raised from multiple different sources. The state will chip in with $500 million.

And while the taxpayers might worry a little. The mayor has guaranteed no priority sectors will be affected. “This new stadium proposal protects Metro taxpayers by not spending a single dollar that could be spent elsewhere on our core priorities like education and public safety.” Added the Mayor.

Further relaxation has also been given to the state. As the Tennessee Titans will waive off the $32 million, which is still outstanding over Nissan Stadium’s maintenance and construction. The project is still pending approval by the Metro council. A bill regarding the deal is most likely to come up in November and then be subject to voting in either December or January.

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