Daily Slop - 17 Apr 25 - Multiple reports that agreement on RFK stadium site is taking shape
Briefly

Negotiations continue between the Washington Commanders and Mayor Muriel Bowser's office regarding a mixed-use project on a historic federal land site. The Commanders, under managing partner Josh Harris, plan to contribute up to $2.5 billion to the project, while D.C. would allocate approximately $850 million for infrastructure enhancements. A significant hurdle remains as congressional approval is needed to address budget constraints. Harris aims for the new stadium to be operational by 2030, influenced by strong support and local ties to the team’s history in the District.
Negotiations between the NFL franchise and the office of Mayor Muriel Bowser remain fluid and ongoing. However, a framework has emerged that indicates the Commanders would pay most of the cost of the mixed-use project on the 174-acre federal land site where the team played games for 35 years until leaving for neighboring Maryland in 1997.
The unconfirmed details suggest the Commanders would contribute as much as $2.5 billion, with the District contributing up to $850 million primarily for infrastructure.
Harris previously stated a desire for a new stadium to open by 2030. However, the arduous journey through Capitol Hill red tape remains in limbo until Congress passes a Senate-approved funding bill.
The District would pay in installments, with $500 million due between 2026 and 2030 and the other $350 million paid in 2032 through taxes generated from the new development to cover costs of the stadium or stadium infrastructure.
Read at Hogs Haven
[
|
]