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RE: LeoThread 2024-12-19 16:03

in LeoFinance3 days ago

Part 2/7:

This week, a significant spending bill laid some groundwork for the Commanders’ move from Maryland to Washington, D.C. Lawmakers have introduced provisions that would transfer jurisdiction of the RFK Stadium site—a relic of a bygone era—to the city of D.C. for a 99-year period. As a result, this could pave the way for negotiations regarding the Commanders’ new stadium.

While it is speculated that an investment of around $3 billion might be in the cards for the stadium construction, the reality is that no direct public funds are currently allocated. The reported figures, including an estimated 50/50 split between public and private funding, are still speculative as discussions move forward.

The Reality of Public Funding for Stadia