All 32 NFL owners approved the $1.4billion stadium renovations plans proposed by the Jacksonville Jaguars on Tuesday, the same ones given the OK by the city of Jacksonville.
The approval was made public by Jaguars co-owner Tony Khan on social media, with construction still appearing to start next year on the team’s future stadium.
The Jaguars have a lease at TIAA Bank Field until 2030, meaning the franchise would not primarily play home games elsewhere until after that date.
The proposal only needed 24 of the 32 owners to say yes to be given the green light, with Jacksonville soaring past that number.
‘I’m thrilled that the @NFL has unanimously approved the plans for the transformation of @EverBankStadium and the new lease between the @Jaguars and the City of Jacksonville!’ Khan said on X. ‘Thank you NFL owners, + thank you to the @CityOfJax ! We’re all so excited for The Stadium of the Future!’
The Jacksonville Jaguars’ renovation plans for TIAA Bank Field were approved on Tuesday
Renovations will cost $1.4B, with the city and the franchise both set to provide $625million
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Both the City of Jacksonville and the Jaguars are set to put up $625million each for renovations to the stadium.
In-stadium construction would not begin until 2026, with Jacksonville slated to play that season with the upper deck of TIAA Bank Field off limits.
Starting in 2027, the Jaguars would move home games to Orlando’s Camping World Stadium or Gainesville’s Ben Hill Griffin Stadium, home to the Florida Gators.
The proposal includes a 30-year lease, a non-relocation agreement and a provision that limits the number of games the Jaguars can play outside Jacksonville.
Under the new lease, the Jaguars would play all preseason and postseason home games in Jacksonville and would continue to play one home game a year in London, likely at Wembley Stadium.
Construction will begin in 2025 with the Jaguars slated to play at TIAA Bank Field until 2030
The future stadium will be able to hold 63,000 people and can expand to a capacity of 71,500
Among the features is a main concourse elevated 30 feet off the ground, offering city views
Jacksonville Jaguars co-owner Tony Khan also owns a stake in Fulham and All Elite Wrestling
Capacity could be expanded to 71,500 to accommodate the annual Florida-Georgia rivalry, the Gator Bowl, a College Football Playoff game or the Final Four. Pools and a party deck would remain in the north end zone.
The city and the Jaguars still hope to add substantial development to the surrounding area, which is expected to include a University of Florida satellite campus that would bring in 10,000 graduate students.
The city and the team consider the areas surrounding the stadium critical to the long-term success of Jacksonville’s downtown.
