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The Washington Commanders could be close to a deal with the District of Columbia on an agreement to build a new stadium in the nation's capital on the old RFK Stadium site.
According to Mark Segraves of NBC 4 Washington, D.C. Mayor Muriel Bowser and the Commanders have an agreement in place under which the team would pay the majority of the costs to build the new stadium.
From Segraves:
It's important to stress that a deal is not done. However, things appear to be trending in the right direction. This deal has Washington covering the majority of costs, which lessens the load for taxpayers. Washington managing partner Josh Harris and the rest of his ownership group are putting their money where their mouth is.
This is the latest step in the Commanders' quest to strike a deal for the RFK site. A deal once seemed dead, until an 11th-hour deal in December saw the U.S. Senate pass a resolution to transfer the RFK site from the federal government to Washington, D.C.
Later on Wednesday night, ESPN's John Keim shared a statement from Bowser's office.
While Maryland and Virginia technically remain in the running, it's looking increasingly like the Commanders will soon return home to Washington, D.C.
This article originally appeared on Commanders Wire: Commanders reportedly closing in on deal with D.C. for RFK site
Continue reading...
According to Mark Segraves of NBC 4 Washington, D.C. Mayor Muriel Bowser and the Commanders have an agreement in place under which the team would pay the majority of the costs to build the new stadium.
From Segraves:
The deal isn’t final as negotiations are ongoing, so the number could change, but multiple sources familiar with the deal told News4 that Mayor Muriel Bowser and the Commanders have the framework for a deal in place that would see the team paying the vast majority of the costs to build a new stadium and much of the money provided by the city going for infrastructure that will support the entire 180-acre development.
The Commanders would put up as much as $2.5 billion, and the District would provide up to $850 million, documents obtained by News4 show. D.C.’s funding would go toward what are referred to as eligible capital costs associated with the stadium and infrastructure for the stadium and surrounding 180-acre campus, including parking structures that will serve the entire development.
It's important to stress that a deal is not done. However, things appear to be trending in the right direction. This deal has Washington covering the majority of costs, which lessens the load for taxpayers. Washington managing partner Josh Harris and the rest of his ownership group are putting their money where their mouth is.
This is the latest step in the Commanders' quest to strike a deal for the RFK site. A deal once seemed dead, until an 11th-hour deal in December saw the U.S. Senate pass a resolution to transfer the RFK site from the federal government to Washington, D.C.
Later on Wednesday night, ESPN's John Keim shared a statement from Bowser's office.
From the Mayor’s office on the RFK site:
“In the coming days, we will share more on our growth agenda by highlighting our next budget to grow DC and outlining a plan to realize abundant opportunities at our RFK as we forge ahead with shaping DC’s future economy.”
— John Keim (@john_keim) April 17, 2025
While Maryland and Virginia technically remain in the running, it's looking increasingly like the Commanders will soon return home to Washington, D.C.
This article originally appeared on Commanders Wire: Commanders reportedly closing in on deal with D.C. for RFK site
Continue reading...