St. Louis Post-Dispatch · Dec 15, 2015
St. Louis' riverfront stadium deal changes again, at last minute
The proposed riverfront stadium renderings, released Tuesday Sept. 1, 2015ST. LOUIS • The deal for a new riverfront football stadium has changed again, and at the last minute. This time, the National Football League is sweetening the pot, local stadium planners said, with a promise to add $100 million toward construction.
But the extra cash comes with a local cost: Gov. Jay Nixon's stadium task force has tentatively agreed to rebate city ticket taxes back to the team.
In exchange, the task force is seeking a boost in stadium rent, paid by the football team, from about $700,000 a year to $1.5 million, the promise of which will back construction bonds.
