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Utah Jazz seek city's approval for percentage of $125 million arena renovation funding

The organization is proposing some public funding assistance, but the Millers will pay for the majority of the two-summer project.

“I’m really excited. When you guys see the drawings that reflect the changes and the improvements and the repurposing of certain spaces, you’ll see why I’m excited. It will give us what I think will be a new arena at a very economical price.”

SALT LAKE CITY — When Greg Miller was CEO of the Utah Jazz, he engaged in a similar conversation with then-NBA Commissioner David Stern during occasional phone calls.

“The first words out of his mouth,” Miller recalled with a laugh, “were, ‘Do you have a new building underway yet?