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RE: LeoThread 2024-12-09 16:01

in LeoFinance2 days ago

Part 5/9:

While the cutting-edge design promises to wow fans, the funding mechanism has ignited a public firestorm. The Titans' ownership and the NFL are expected to contribute only $810 million, or roughly 38.6% of the total cost. This raises critical questions about the remaining funding: $500 million from the state and approximately $760 million via revenue bonds, which are projected to be repaid through stadium-generated taxes. Critics claim that even though supporters argue this funding model avoids direct taxpayer contributions, it remains deeply affected by public money, and the $2.1 billion stadium subsidy stands as the largest in U.S. history.

Discontent Among Residents