NFL owners have unanimously approved Jacksonville’s $1.4 billion “stadium of the future”, a decision that should keep the Jaguars in one of the league’s smallest markets for at least another 30 years.
With the Jags (1-5) getting ready to play the second of back-to-back games in London, NFL owners essentially ended decades of speculation about the franchise being a potential relocation candidate.
Twenty-four of 32 owners were needed to approve the project at the league’s fall meetings in Atlanta. It was considered such a rubber-stamp situation that Jaguars owner Shad Khan and team president Mark Lamping were allowed to skip the meetings and avoid 12 hours of travel from London to Atlanta and back.
“We think it’s really important,” NFL Commissioner Roger Goodell said Tuesday at the Fall League Meeting in Atlanta. “Obviously stadiums are important to all of our franchises. It’s part of a bigger picture that Shad and the community leaders have been driving; about really building Jacksonville as a community. I think that stadium’s going to be a big part of it. … To me, having a new stadium for our team is great, but I also am encouraged by the type of development that is happening in Jacksonville as a community. All of that makes us feel really good about the Jaguars’ future.”
The Jaguars didn’t anticipate much pushback even though the 55-45% financial split — with the city on the hook for the majority of the deal — is higher than most NFL owners contribute to new or renovated stadiums.
Each side will pay $625 million toward the $1.25 billion build. Jacksonville, which won’t levy any new taxes to fund its part, will chip in another $150 million in deferred maintenance to get EverBank Stadium ready for construction.
Construction is scheduled to start following the 2025 season. The Jaguars expect to play in front of a reduced capacity (no upper deck) in 2026 and host home games in Gainesville or Orlando the following year. They also could play multiple home games overseas, in London or possibly elsewhere.
The renovation agreement with the city allows the Jaguars to play up to six home games internationally between 2025 and 2027, with a maximum of three during the first two years and up to three more in 2027.
