Truth & Rumors > NFL

Panthers could receive $125 million from Charlotte

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06:21 PM ET 01.15 | The Carolina Panthers may soon receive $125 million towards upgrading Bank of America Stadium from the city of Charlotte, according to the Charlotte Observer. City Council voted 7-2 during a close session Monday night to endorse the proposal to help significantly offset the cost of stadium renovations, which are projected to exceed $200 million. The council is expected to eventually hold a vote on the proposal in an open session.

Charlotte Observer

Bank of America Field hosts a game, Bob Donnan-USA TODAY Sports Bank of America Field hosts a game, Bob Donnan-USA TODAY Sports
Comment #1 has been removed
January 15, 2013  06:34 PM ET

God bless 'em!

January 15, 2013  06:50 PM ET

There's Hi Unempolyment Down There!

January 15, 2013  07:07 PM ET

Tell me the conservatives arent crooks!!!

January 15, 2013  07:32 PM ET

Hey, have the constituents of Charlotte inform the Panthers thus: "Oh, yeah, the 125 Million is contingent on you guys going 11-5 or better next year. If you don't, don't call us, we'l call you. Maybe."

January 15, 2013  07:58 PM ET
QUOTE(#4):

Tell me the conservatives arent crooks!!!

The charlotte City Council is made up of 9 democrats, two republicans and one member that does not list his party. Six of the seven yes votes were democrats.

January 15, 2013  07:58 PM ET

wow, that's really awesome for all the people that can't afford to go see the Panthers or don't give a damn about football. Think of how many jobs 125 million dollars can create, instead its going to a construction deal for someone's vanity project.

Comment #8 has been removed
Comment #9 has been removed
January 15, 2013  08:51 PM ET

Bend over people of Charlotte, here it comes!!!!

January 15, 2013  09:21 PM ET

They should hit up Bank of America for more naming rights money.

January 15, 2013  09:30 PM ET

Un fricken believable ????? When did Sports Owners get added to the essential services list ?

January 15, 2013  10:00 PM ET

These Owners just arent making enough money, these are tough times people! we've gotta support them or *ohno* they will raise ticket prices. B/C lord knows if they lowered them, they'd fill the stadium

January 16, 2013  08:36 AM ET
QUOTE(#7):

wow, that's really awesome for all the people that can't afford to go see the Panthers or don't give a damn about football. Think of how many jobs 125 million dollars can create, instead its going to a construction deal for someone's vanity project.

Yup, another case of already-strained taxpayers subsidizing billionaire sports franchise owners. It's the 'Murican way.

 
January 16, 2013  10:40 AM ET

Richardson is just playing the same game every other sports owner is playing with their respective cities. Though, $125M looks like a steal for the city compared to how far others are bending over for their teams (e.g. Colts, Vikings, Dolphins, etc)

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