The simmering Nashville S.C. existential crisis — MLS had approved an expansion franchise after the city council approved a new stadium with $75 million in public subsidies (plus free land), but it turned out they hadn’t actually approved approved it yet — was taken off the burner last night, as the council voted 31-8 to demolish existing buildings at the city’s fairgrounds to clear the way for the stadium, while also approving bills to rezone the land, approve the team’s ground lease, and sell $50 million in bonds to help fund construction. The council also voted 25-12 to reject a proposal for a public referendum on the stadium bonds.
All this happened by the skin of the council’s teeth, as even earlier in the day, it wasn’t clear if the stadium plan would must the necessary 27 votes for passage. But when the team and the community group Stand Up Nashville announced a community benefits agreement earlier in the day, that was enough to shake loose the deciding swing votes.
So what did Nashville get in the CBA? A minimum wage of $15.50 for stadium workers, a requirement that at least 20% of the new residential units be “affordable” or “workforce” housing (no details available on what income band this would need to be affordable to), the inclusion of a day care center, some soccer equipment for Metro schools, and a few other things. It’s not nothing, but it’s also going to cost the team owners a drop in the bucket compared to the $75 million (plus free land!) that the city is gifting to the team owners. So, classify it under “better than a poke in the eye with a sharp stick,” which is where the vast majority of stadium deals end up.
Nashville S.C. is now all set to enter MLS in 2020 along with David Beckham’s Miami team, which will bring the number of teams in the league to an even 28. This is not large for a U.S. sports league, but is mammoth for a soccer league, which usually top out at 20; it remains to be seen whether the league’s policy of endless expansion will ever hit a wall, but for now, the owners can keep on cashing those $150 million expansion fee checks.