The city of Nashville is considering giving the owners of the Tennessee Titans an additional $1 million a year because they want new doors. Repeat: The city of Nashville is considering giving the owners of the Tennessee Titans an additional $1 million a year because they want new doors:
“As the stadium ages then the capital needs grow, and they present more frequently,” [says Metro Sports Authority Director Monica] Fawknotson. “We’re just at the place where $1 million is no longer enough to fund the capital needs.” …
The Titans have more than a dozen anticipated projects, totaling $4.4 million, it says is needed to keep Nissan Stadium up to date.
These projects include new environmentally-friendly lighting and digital security systems, new security fencing; updated doors throughout the stadium; fiber-optic upgrades for broadcast TV trucks and transmissions; and roof replacements on concession stands and other buildings.
Those had better be some crazy futuristic doors, that’s all I’m saying.
Under teams of the lease that brought the Titans to Tennessee in 1997, the team owners get to spend money on stadium upgrades, and then the city has to reimburse them for the cost. That is, as previously noted, completely insane, but now that the lease is in place, there’s little the city of Nashville can do but to refill the capital-improvements bucket when it’s run empty, and that’s what it’s set to consider doing now.
I really should quit this whole blog-writing game and go into business as a stadium-lease consultant, shouldn’t I? I promise to save your city millions of dollars in the long run — if that’s what your elected officials care about, which I know it probably isn’t, because in the long run their political careers are all dead.