Rendering of new Titans stadium. Photo: Courtesy of the Tennessee Titans
Nashville Sports Council and TransPerfect Music City Bowl President/CEO Scott Ramsey has released a statement following the release of renderings earlier this week for a proposed new, enclosed Tennessee Titans stadium.
“Since its inception, the mission of the Nashville Sports Council has always been to recruit sporting events that have a positive economic impact on the Greater Nashville area,” Ramsey shares. “In our 30 years, the Sports Council has generated $1 billion in direct economic impact while simultaneously garnering national and international media coverage.
“A new enclosed stadium will only help expand on our mission and allow us to pursue sporting events like a Super Bowl, a CFP national championship, a men’s Final Four and other events that meet venue requirements we are unable to currently fulfill,” he continues. “The new stadium could also help the TransPerfect Music City Bowl position itself within the future structure of postseason college football.”
Ramsey also touched on the Nashville community at large, in particular the funding for the proposed $2.1 billion stadium. The new stadium will be funded through numerous sources: the Titans, NFL and PSL sales, a State of Tennessee $500 million contribution, additional 1% on hotel-motel tax and sales, and use taxes collected at the new stadium and its surrounding campus.
“We encourage our Sports Council members and the Nashville community at large to join us in supporting this project by working with their local representatives,” Ramsey adds. “The Sports Council looks forward to working with the Titans organization, Gov. Bill Lee’s office, Mayor John Cooper’s Office, the Nashville Metro Sports Authority and all local and state entities as we look forward to the opportunities to host additional major sports events in Nashville.”
Last week, the Mayor’s office and the Titans officially announced an agreement for a new stadium and new lease that wouldn’t force the city’s taxpayers to foot the bill for any upgrades on the stadium. Read more about it here.
https://sportscredential.com/wp-content/uploads/2022/10/Titans-stadium-rendering-3-scaled.jpeg14402560Steven Boerohttps://sportscredential.com/wp-content/uploads/2020/12/TSC_Logo_Horizontal_WHITE-copy-for-website.pngSteven Boero2022-10-28 10:45:592022-10-28 10:45:59Nashville Sports Council Readies Major Event Plan To Support New Titans Stadium
The Titans have signed receiver Chris Conley off the Kansas City Chief’s practice squad after putting Kyle Phillips on the Injured Reserve (IR).
Conley, a third-round draft pick by the Chiefs in the 2015 draft, has played with the Chiefs, Jaguars and Texans during his NFL career. He joins receivers Robert Woods, Nick Westbrook-Ikhine, and Cody Hollister on the active roster.
In 102 career games, Conley has 213 catches for 2,807 yards and 15 touchdowns. He played in two games for the Texans in 2022, but didn’t record a catch. Conley’s best season came in 2019 with the Jaguars, as he caught 47 passes for 775 yards and five touchdowns.
Philips joined fellow wideout and 2022 draft pick Treylon Burks on IR. Injuries are adding up on the Titans squad leaving gaps on the offensive line, defense and more. Linebackers Zach Cunningham,Joe Jones and Bud Dupree have all dealt with injuries so far this season, being sidelinesd for multiple games, including last Sunday’s performance against the Indianapolis Colts.
These defensive stars join guard Nate Davis and center Ben Jones on the IR. The Titans dealt with more setbacks as Ryan Tannehill suffered an ankle injury against the Colts and did not practice on Wednesday (Oct. 26). Defensive tackle Jeffery Simmons, who’s also suffering an ankle injury, did not practice Wednesday either.
Despite the injuries, the Titans have found themselves in first place in the AFC South after winning four straight, including two over the Colts.
Tennessee heads to Houston to play the 1-4-1 Texans on Sunday (Oct. 30) at 3:05 p.m. CT.
https://sportscredential.com/wp-content/uploads/2022/10/Screen-Shot-2022-10-26-at-2.48.12-PM-1-e1666817958798.png561524Steven Boerohttps://sportscredential.com/wp-content/uploads/2020/12/TSC_Logo_Horizontal_WHITE-copy-for-website.pngSteven Boero2022-10-26 16:19:522022-10-26 16:19:52Titans Sign WR Chris Conley As Injuries Continue To Pile Up
Nashville’s sports scene continues to grow and, along with this growth, comes the inevitable crossover of country music and sports.
In recent years, more and more country music stars have started showing off their sports team pride, whether they’re teams in Nashville or around the country. Dierks Bentley and Carrie Underwood have been Preds superfans for years, Scotty McCreery has shown off his Carolina Hurricane pride and Kane Brown is been one of the University of Georgia football’s biggest cheerleaders.
However, for Darius Rucker, his fandom precedes his music career and is so much more than a hobby. Its part of his life.
“Sports have been so important to me. Especially football,” Rucker shares with The Sports Credential. “I’ve been a football and a Miami Dolphins fan since I was five-years-old. I remember the day I became a fan, it feels like it was yesterday. For so many years I’ve just lived and died with them, and I’ve lived and died with the Gamecocks [from the University of South Carolina].”
He sums, “Sports, they just mean everything to me.”
Congratulations to @GamecockWBB and Coach @dawnstaley for winning the National Championship. U have made this Gamecock extremely happy. I will not miss another one. Keep being great y’all in sports but more importantly in life!! pic.twitter.com/lnQJsLvL7k
Rucker, a product of the University of South Carolina, has been an avid Gamecocks fan for decades, being one of the school and the team’s biggest supporters. His band, Hootie & the Blowfish, was founded on the campus of South Carolina and have become synonymous with the university, signaling that Rucker’s musical roots with the school run deep.
Pending his touring schedule, Rucker is either at or watching every South Carolina game, but his passion and knowledge doesn’t stop with the Gamecocks. Rucker is a serious college football junkie.
Rucker was the guest picker on ESPN’s College GameDay when the show visited the school in 2012 before the heated rival matchup between South Carolina and the Georgia Bulldogs. He came prepared to to the show, knowing more than just a super fan and impressing hosts Kirk Herbstreit and Lee Corso.
Watch Rucker’s appearance as the guest picker on College GameDay in the video below:
“One of my favorite things I’ve ever come up with is that there are two times of the year for me. There’s football season and there’s waiting for football season,” he notes cheekily.
His passion for football and for the Miami Dolphins pushed the multi-Platinum entertainer to move into the world of clothing as he partnered with Fanatics to start his own line of NFL gear. With the collection, fans can buy shirts, hoodies and jackets for their favorite NFL teams that were made in partnership with Rucker.
NFL x Darius Rucker Collection by Fanatics.
“I didn’t think I’d have a chance to have a clothing line with the NFL, so it was huge for me,” Rucker explains. “Getting the clothing line meant the world to me, and it did so well last year that they wanted to do it again this year. I’m loving the clothes this year more than I did last year. It’s pretty cool so I’m excited.”
Rucker sees the Fanatics collection as another way to be part of the sports community. Just like music and his love for South Carolina football, the community is what makes these things so much more special.
In 2020, Rucker became involved in another sports community, joining Music City Baseball LLC’s (MCB) Music Advisory Board in an effort to bring Major League Baseball to Nashville. MCB has teamed up with a number of artists and country singers, including Luke Combs, Justin Timberlake and Brown.
MCB is also partnered with the Negro Leagues Baseball Museum, naming this potential team the Nashville Stars, honoring the Negro League teams that have played in the city under the same name.
“Nashville’s really becoming a big city and with that comes sports,” Rucker shares. “Being a part of the Nashville Stars and trying to bring a baseball team here is awesome.
Darius Rucker. Photo: Courtesy of Music City Baseball LLC
“I think Nashville and baseball is a no-brainer. It’s a great city for it, and it would be support more than a lot of teams are,” he continues. “Bringing the history and the legacy of the Nashville Stars, and keeping the old Negro League team at the forefront, is an important ingredient for me. I’m honored to be a part of it.”
Since 2016, Rucker has also been a partner with MGC Sports Agency where he offers insight and help in the recruiting process. In this role, he offers a perspective of what it’s like being in the entertainment industry, a Grammy award-winner, and an active, worldwide touring artist since the 1990’s.
With NIL exploding in the college football world, and as someone who began their career path in college, he offers a different perspective than most agents.
“I love the small role that I do have at the company,” he says. “I’m just over the moon, I can’t believe I get to do this, I have so much fun. When you sign the No. 1 NFL Draft pick in Trevor Lawrence, who plays for the Jacksonville Jaguars, it can’t help but be fun.”
Between College GameDay, South Carolina Women’s Basketball winning the National Championship, 18 SuperBowls and countless golf tournaments, it would seem hard to pick one game or one moment that stands out the most. For Rucker, though, singing the national anthem in front of a sea of fans at the World Series or the NBA Finals takes the cake.
“For me the thing that stands out the most is singing the anthem at the World Series, NBA Finals and the NCAA Finals,” Rucker explains. “Getting to do the anthem at those great events means the world to me. Being American and the sports fan that I am, every time I get to do the anthem is something very special.”
Between careers, family and life in general, some people’s fandoms tend to fall off as they get older and more responsibilities pile up. This is maximized in a career in the music industry, but sports are such an integral part of Rucker’s life that in no way has his fandom taken a backseat.
“I’m in five fantasy leagues,” Rucker quips. “When you love something as much as I love sports, you’ll find time for it. You’ll make time for it.”
https://sportscredential.com/wp-content/uploads/2022/10/Darius-Rucker-Jim-Wright--scaled-e1666796955483.jpeg14971707Steven Boerohttps://sportscredential.com/wp-content/uploads/2020/12/TSC_Logo_Horizontal_WHITE-copy-for-website.pngSteven Boero2022-10-26 10:41:152022-10-26 10:41:15Darius Rucker’s Passion For Sports Is More Than Just A Hobby [Interview]
Rendering of new Titans stadium. Photo: Courtesy of the Tennessee Titans
The Tennessee Titans have shared renderings of its potential new stadium, which would encompass 1.7 million square feet with a capacity of approximately 60,000.
The renderings follow last week’s announcement that the team and the city of Nashville had reached a proposed agreement for a new, enclosed stadium, which will be discussed by Metro Council and the Sports Authority in the coming weeks. The plan for the $2.1 billion stadium will be paid for by the Titans organization/NFL, bonds from the state of Tennessee as promised by Governor Bill Lee, and through a hotel occupancy tax as well as sale tax at Nissan Stadium, the eventual new stadium and the surrounding area.
Rendering of new Titans stadium. Photo: Courtesy of the Tennessee Titans
“We envision a potential new stadium that makes our community proud and enhances the reputation of our great city and state,” says Titans President and CEO Burke Nihill. “We’re focused on designing a stadium capable of hosting a prestigious international event on a Sunday and a steady flow of impactful community programming later that same week. This is a building that would serve Nashville and Tennessee for generations.”
The stadium designs were created by MANICA, a Kansas City-based architecture firm that has worked on projects such as Allegiant Stadium in Las Vegas and Chase Center in San Francisco. The team commissioned MANICA to produce the concepts in order to inform site planning and cost estimates.
Hastings, a Nashville-based architecture firm, also participated in the design work, with a particular emphasis on reflecting Nashville’s spirit and character, and a focus on seamlessly integrating the building into the proposed neighborhood surrounding the stadium.
Rendering of new Titans stadium. Photo: Courtesy of the Tennessee Titans
The stadium architecture is inspired by the city of Nashville and is planned to be complementary to the broader East Bank development plan led by the city. The design gave specific attention to multi-purpose function, in order to maximize the number and types of events that could take place in the building.
Key features of the design include:
Exterior terraces and porches with panoramic views of Nashville that will serve as social space during event days
A circular-shaped, high-tech ETFE translucent roof
Improved sight lines for all spectators through diverse viewing experiences
High-tech and sustainable materials throughout the building
“We envision a potential new stadium that makes our community proud and enhances the reputation of our great city and state.” pic.twitter.com/cCPuPYTy4o
Other features of the building not pictured include a 12,000 sq. ft. dedicated community space that could be utilized year-round for educational opportunities, non-profit events and other community-minded purposes. The new stadium will set a goal of achieving a U.S. Green Building Council LEED Gold certification.
The Titans have not yet selected an architect of record for the building. A full architectural design process would begin at a later date.
https://sportscredential.com/wp-content/uploads/2022/10/Titans-stadium-rendering-2-scaled.jpeg14402560Steven Boerohttps://sportscredential.com/wp-content/uploads/2020/12/TSC_Logo_Horizontal_WHITE-copy-for-website.pngSteven Boero2022-10-25 10:27:092022-10-25 15:57:56JUST IN: Titans Unveil Renderings Of Proposed New Stadium
The Tennessee Titans and Tito’s Handmade Vodka have announced they will host the first annual “Titans, Tito’s & Tails” Dog Day at Nissan Stadium on Thursday, Oct. 27.
The Halloween themed event will invite dog lovers and their furry friends to enjoy food and drinks for purchase, games, pet-friendly vendors, entertainment and more at Nissan Stadium. In keeping with the spirit of the season, attendees are encouraged to dress up their pups for Halloween.
“We are always looking for unique ways to invite the community into our stadium for family-friendly activities and events,” says Gil Beverly, Titans Senior Vice President and Chief Marketing and Revenue Officer. “Tito’s is an amazing teammate for the Titans because we hold so many of the same values, especially a love for animals. We look forward to working with them on this inaugural event.”
“Titans, Tito’s & Tails” will offer a special Halloween photo booth for pets and their owners, a Bobbing for Tennis Balls game, Paw Painting stations, a Pup-Casso Painting Party and special pupcakes and cookies. The event will also feature local vendors Miss Kitty’s Dog Resort, Pet Musings, Boss Lady Threads, Rolling Recipe, Daddy’s Dogs and Tennessee Cobbler.
“At Tito’s we love dogs, and we know their owners are always looking for fun activities to share with their furry friends, especially at iconic places like Nissan Stadium,” says Beth Bellanti-Pander, Vodka for Dog People Program Manager at Tito’s Handmade Vodka. “This event marks another facet to our newly established sponsorship with the Titans, and we can’t wait to host many more events together.”
The event will run from 5 p.m. to 8 p.m. CT with gates opening at 4 p.m. The event is free and open to the public, but will have limited space. Attendees are encouraged to claim a ticket early at www.tennesseetitans.com/dogday.
https://sportscredential.com/wp-content/uploads/2022/10/Screen-Shot-2022-10-24-at-1.50.06-PM.png618743Steven Boerohttps://sportscredential.com/wp-content/uploads/2020/12/TSC_Logo_Horizontal_WHITE-copy-for-website.pngSteven Boero2022-10-25 08:53:232022-10-25 08:53:23Titans, Tito’s Handmade Vodka Announce First Annual Dog Day At Nissan Stadium
The Tennessee Titans have announced a community benefits platform with 16 local and regional organizations called ONE Community.
The ONE Community platform includes multi-faceted programs that reach many of Nashville’s most underserved communities with a focus on three areas – Opportunity, Neighborhoods, and Education. The Titans announced the programs at Tennessee State University, their long-standing partner.
“ONE Community represents a substantial amount of work and effort on the part of many and is the product of extensive interaction and feedback from residents and community leaders,” says Adolpho Birch, Senior Vice President and Chief Legal Officer for the Tennessee Titans. “Ultimately, increasing opportunities for workforce and small business development, nurturing and enhancing our neighborhoods in need, and supporting education at all levels was what the community believed would be most impactful.”
The team will enter formal agreements with ONE Community partners and make them available to the public when final.
In addition to the ONE Community platform, the Titans will continue its existing community impact initiatives. Since 2018, the Titans have served 135 local organizationsthrough direct investment, programming, and partnership.
Also, as part of the new proposed stadium agreement between the city and the Titans, the team will continue its longstanding relationship with TSU by hosting Tigers football games at the new stadium and engaging in other TSU related initiatives. The Titans will also return 66 acres of land (otherwise parking lots until 2039) to the city which plans to create parks, greenways, affordable housing, a multi-modal boulevard, local businesses and more.
Programs within Opportunity will focus on supporting local small and diverse-owned businesses, commitments to a diverse labor force and vendor pool for construction and post-construction, loan and grants programs, and other initiatives focusing on economic inclusion and growth. The programs will create meaningful pathways to jobs, professional training, and small business financing.
Programs within Opportunity include the:
Titans Economic Inclusion Program
$18 / hour minimum wage for employees
A MBE/SBE/DBE and workforce development program maximizing minority inclusion and opportunities in stadium construction and beyond
1st & Goal Small Business Support Program
$2 million fund with Citizens Bank for loans and grants for qualified small and minority-owned businesses who need access to capital
Scholarships for small and minority-owned businesses to grow capacity through the Nashville Business Incubation Center (NBIC)
Titans’ Hope and Imagination Center
12,000 square foot multi-purpose community space in the new stadium
Flexible space for nonprofits and community organizations to utilize for education programming, celebrations, community space, food and clothing drives and more
Real Estate Development and Leadership Council
Paid virtual internship and adult professional program with Project Destined focused on real estate and sports venue development
Hands-on experience with stadium construction and design teams and network with professional opportunities and certifications in the future
“We’re particularly excited about this investment in middle Tennessee’s entrepreneurs because we see this paying continuing dividends down the road,” Birch says.
Healthy neighborhoods are foundational to building cities in which individuals and families are equipped to thrive. Neighborhood partnerships include new programs that support, amplify and advocate for historically marginalized neighborhoods in our community.
Programs within Neighborhoods include:
Home Field Advantage Catalyst Fund
A $5 million investment to provide access to grants and loans to encourage affordable housing through community development corporations
Initiatives would focus on affordable and workforce housing throughout the city
Keep Nashville Home Campaign
An annual awareness campaign to encourage eligible seniors to apply for available housing security assistance programs and increase participation
Launched in 2021 with the Urban League, NAACP and Trustee Erica Gilmore
Neighborhood Business Spotlight
Inspired by Nashville’s historic Jefferson Street, the Titans will select a group of businesses representing other iconic streets and roadways to highlight each year
Selectees receive a direct financial contribution and media and brand promotions through social media platforms and public recognition
Direct Community Support
Titans will continue to directly invest in community priorities through volunteer service, capital investments and programming
The Titans will support the Looby Community Center, for example, through the launch of “Friends of Looby Center” to support future capital improvements and through updates to the kitchen space, computer lab, game room and outdoor playground.
Mental Health Initiative
Trauma-informed therapy sessions and training through Cheatcode Foundation, a program currently available to Titans players and Coaches
Training for healthcare and community workers, trauma-informed sessions, and community engagement events in the pilot program’s zip codes of 37218, 37208, 37209, 37216 & 37206
The Titans are partnering with academic institutions to supplement and enhance student offerings in powerful ways, with the belief that every student deserves an educational journey with the resources, experiences, and access necessary to create a meaningful path to vocational and life success.
Programs in Education include:
Metro Nashville Public Schools
An expansion of the partnership will be announced in the coming weeks that will include health and wellness programs, literacy initiatives, athletics and internships
Titans will continue existing partnerships with MNPS, including the expansion of girls flag football into MNPS high schools, enhancing the high school football game experience and Titans staff volunteer efforts
Tennessee State University
TSU and Titans will be expanding their longstanding relationship by launching a new partnership that will establish several initiatives including incorporating athletics, academics, students and university support through scholarship and job shadowing programs and professional development opportunities
Titans will serve as the annual presenting sponsor of the John Merritt Classic and partner with TSU to expand gameday activation and expanded branding opportunities
Annual internships and educational opportunities for local schools and universities that provide on-the-job experience and training.
Binding Commitments and Accountability
Binding Commitments. The Titans will make binding commitments to the OneCommunity program through a series of contracts with its partners.
Reporting/Community Advisory Committee. Titans will organize a committee responsible to quarterly review the Titans’ progress with respect to the OneCommunity program, and create, publish, and present an annual report and recommendations to the Mayor’s Office, Metropolitan Council, Sports Authority, and other key stakeholders. The Community Advisory Committee will be comprised of community partners, education partners, and Titans representatives.
Citizens Bank, Project Destined, Nashville Business Incubation Center, Corner to Corner, the Tennessee Kurdish Community Council, Urban League of Middle Tennessee, NAACP, North Nashville Community Economic Development Consortium, William Franklin Buchanan Community Development Corporation, The Cheatcode Foundation, Office of the Metropolitan Trustee, Tennessee State University (TSU), Metro Nashville Public Schools, Meharry Medical College and Vanderbilt University and Don Hardin Group
Delanie Walker. Photo: Courtesy of the Tennessee Titans
Former Tennessee Titan tight end Delanie Walker has announced his retirement after 14 seasons in the NFL, spending seven of them with the Titans.
Walker was originally drafted by the San Francisco 49ers in the 2006 NFL Draft and was with the team until 2012. With the 49ers, he caught 123 passes for 1,465 yards and eight touchdowns. In 2013, the Titans signed him as a free agent and he quickly became one of the best free agency signings in franchise history.
“I know no one knew who I was when I got here. They probably thought, ‘Why did we get this guy?'” Walker shared in a press conference. “The guys, coaches, and staff that were here believed in me, They said, ‘It’s all up to you. You have the chance to be great, you just got to take it and run with it,'” he recalled. “I looked at that as an opportunity. I knew what I could do in this league, I just needed the opportunity to show it. The Titans gave me that opportunity. That’s why I’m here to retire because all my best years in football started here in Tennessee.”
Walker was named to the Pro Bowl in 2015, 2016 and 2017 while with the Titans, and made 381 catches for 4,423 yards and 28 TDs. During a four-year stretch from 2014-2017, Walker earned more than 800 yards each campaign and caught 20 TDs. He posted a career-high 1,088 yards in 2015–the first of his three consecutive Pro Bowl seasons.
“Of all the accolades he had on the field–there are [too many] to name–there are four things that impress me about Delanie,” Titans General Manager Jon Robinson explained. “One was his work ethic. Two was his toughness. Three was his leadership, and four was his commitment and service to the community around here.”
Walker has served the Nashville community in many ways, most notably with his Delanie Walker Gives Back Foundation, which provided educational opportunities and resources to inner-city and low-income children. He was the Titans nominees for the Walter NFL Payton Man of the Year Award in 2013 and 2015.
He finishes his celebrated career with 504 catches for 5,888 yards and 36 touchdown receptions.
https://sportscredential.com/wp-content/uploads/2022/10/Delanie-Walker-Titans-e1666124605414.png487876Steven Boerohttps://sportscredential.com/wp-content/uploads/2020/12/TSC_Logo_Horizontal_WHITE-copy-for-website.pngSteven Boero2022-10-18 15:48:172022-10-18 15:48:17Longtime Tennessee Titan Delanie Walker Retires After 14-Year Career
The Tennessee Titans and Nashville Mayor John Cooper have officially announced a deal between the organization and city to build a new, enclosed stadium that would cost over $2 billion without burdening the Nashville taxpayers.
Nashville will help pay for the new stadium with a sales tax in Nissan Stadium, marking a 130-acre radius around the stadium’s campus, and with a 7 percent hotel occupancy tax in Davidson County. No money from the city’s general fund will go towards the stadium’s construction.
“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,” Cooper noted in his press conference. “Doing nothing was not a legal option for us, and renovating the current stadium proved to be financially irresponsible, so we are proposing a new stadium paid for by the team, the state, tourists and spending around the stadium–not by your family.”
Funding for the new stadium comes from four separate revenue sources, described in detail below. The Titans, the NFL, and personal seat license (PSL) sales represent the largest source of funding for the new stadium. General obligation bonds are not a part of the proposal, and zero dollars are required from Metro’s operating budget.
Sources of funding for the new stadium:
Football-Related Sources: Titans, NFL (subject to final NFL approval), and PSL sales ($840 million)
State: A one-time contribution ($500 million) contingent on the building of a new, enclosed stadium
Hospitality: Tourists and visitors through a new 1% hotel/motel tax contingent on the building of a new, enclosed stadium
Stadium/ Campus: Sales and use taxes collected at the stadium and on its campus.
The remaining $760 million will come from revenue bonds issued by the Metro Sports Authority to be repaid through the revenue streams described above, all of which, per state statute, can only be used for this project or other stadium-related costs.
“I’m grateful to Amy Adams Strunk, Burke Nihill and the entire Titans organization for their commitment to Nashville,” Cooper added. “Residents’ tax dollars can go to core city services because the Titans have stepped up to cover future ongoing maintenance on the new stadium. I’d also like to thank Governor [Bill] Lee and our partners at the state legislature for recognizing the Titans’ enormous economic contributions. Together, we are making sure that the Titans stay in Tennessee for generations to come.”
Other Additional Facts To Note:
The new stadium will be home to up to four Tennessee State University home games each year, and TSU will have a dedicated locker room in the facility. TSU will pay no rent under this new deal.
Venue Solutions Group (VSG) will be providing a full report to Metro Council of their findings that details their methodology and approach by Nov. 1. A summary of their initial findings thus far was provided to Mayor Cooper Friday, at his request.
The new lease will run for a minimum of 30 years, and the new stadium could be ready as early as the 2026 NFL season.
The Titans have agreed to cover any construction cost overruns.
The Titans will expand their current impact programs and launch a new community benefits platform with economic inclusion, small business and workforce development and direct support for community priorities. That plan will be detailed on Thursday, Oct. 20.
Local businesses, goods, and labor will be prioritized in construction and vendor contracts.
Costs of stadium-related infrastructure and demolition of the old stadium are built into the deal.
The new stadium will have a capacity of 55,0000-60,000. It will be a turf field and the roof will not be retractable. Current PSL holders will have a chance to retain their season tickets.
“Nashville’s new stadium will be a game changer for the community, enhancing the national and international reputation of our great city and state and delivering world-class events to our doorstep that we could never have dreamed of 25 years ago,” says Titans President and CEO, Burke Nihill. “We couldn’t be more appreciative of Mayor Cooper’s commitment to prioritizing the taxpayers of Nashville and his vision for a bold future on the East Bank. We look forward to the discussion of these terms with Metro Council and the Sports Authority, and hearing from our neighbors in the community as this process continues.”
The proposed stadium would be built directly east of Nissan Stadium on land that is currently parking lots. As part of the proposal, Metro would regain control of over 66 acres of land, including the existing Nissan Stadium site. Land that would have remained surface parking for the next 17 years can now serve Nashville with a large park, greenways, affordable housing, a multi-modal boulevard, local businesses and more–all without selling any public land.
The Titans have agreed to maintain and backstop upkeep over the life of the lease, and Metro will own the stadium when the lease expires–creating a multi-billion dollar asset for the city.
“When my father brought this team to Tennessee 25 years ago, I don’t think he could have imagined a better home for our organization,” says Titans controlling owner Amy Adams Strunk. “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.”
The lease for Nissan Stadium, signed in 1996, legally obligates Nashville to provide a “first-class” stadium until 2039. The Mayor’s Office worked with Metro Council to hire VSG, an independent and nationally recognized public facility consulting firm, to assess the condition of Nissan Stadium and estimate Metro’s financial obligation to the Titans.
VSG estimates that renovating and maintaining Nissan Stadium would cost between $1.75 billion and $1.95 billion over the remaining 17 years of the current stadium lease. This liability would require general fund dollars that could otherwise support essential priorities like public schools and first responders.
Under the new agreement, the 1996 Nissan Stadium lease agreement would be voided.
Additionally, the team agrees to waive $32 million of outstanding bills owed by the city for construction and maintenance performed on Nissan Stadium over the past four years. As part of the overall project budget, the team also agrees to pay off the remaining $30 million in bonds owed on Nissan Stadium. This represents $62 million in additional unfunded liabilities relieved as part of the agreement.
The new stadium will also feature other world-class, iconic events to take place right in our backyard, such as CMA Fest, concerts, and potentially major sporting events like the Super Bowl, NCAA Playoff Games, WrestleMania and more.
https://sportscredential.com/wp-content/uploads/2022/04/gabriel-tovar-UTcbeW1GCNk-unsplash-scaled.jpg17072560Steven Boerohttps://sportscredential.com/wp-content/uploads/2020/12/TSC_Logo_Horizontal_WHITE-copy-for-website.pngSteven Boero2022-10-17 14:58:322022-10-20 13:57:03Mayor John Cooper, Titans Make Official Announcement For New Titans Stadium