Stadium

(The Center Square) – The Jacksonville Jaguars became the second NFL team this week to get a large sum of public money for a stadium renovation when the City Council voted 14-1 to approve $775 million toward a $1.4 billion renovation of EverBank Stadium.

The Jaguars and NFL are expected to pay $625 million toward the project, using NFL G-4 loans along with funds from items such as naming rights through the new 30-year lease and non-relocation agreement.

Project cost overruns must be paid by the Jaguars.

(The Center Square) – Taxpayers in St. Petersburg are next to see if their dollars put to use for a major sports stadium reap the benefits as promised.

The executive director of the nonprofit group Florida Taxwatch and an economics professor at Temple University say it's not always the case.

(The Center Square) – The Tampa Bay Rays will reportedly announce plans Tuesday for a new $1.2 billion domed stadium that could cost up to $600 million in public funds.

The domed stadium would have 30,000 seats, be located near Tropicana Field in St. Petersburg’s 86-acre Historic Gas Plant District and be ready to open in 2028, according to the Tampa Bay Times.