Earlier this week, Jerry Jones outlined his expansion plansfor Texas Stadium in Irving. His plan would expand seatingcapacity to over 100,000, the most in the NFL, and costapproximately $140M, close to what Jones paid for the team andthe stadium in 1989. Jones enjoys one of the most favorablelease situations in the league, and Texas Stadium's 358 luxuryboxes are tops in the NFL with the Stadium Corp. owning andoperating all the boxes. Today, THE SPORTS BUSINESS DAILYcontinues to profile the NFL's infrastructure with a look atTexas Stadium.
| STADIUM: | Texas Stadium, Irving, Texas |
| AGE: | Completed in 1971 |
| CAPACITY: | 65,000, 21st highest in the league. |
| OWNERSHIP: | City of Irving |
| MANAGEMENT: | Managed by the Texas Stadium Corp. |
| LUXURY BOXES: | 358 boxes -- most in the NFL -- owned and operatedby the Texas Stadium Corporation. |
| COST: | $35 million, paid for by public bonds |
| RENOVATIONS: | Two recent renovations -- 118 more suites in '85, 60 suites added in '92. |
| CONCESSIONS: | Concessions done in-house by Texas Stadium Corp., revenue goes to Stadium Corp. |
| PARKING: | 16,000 parking sports at $6 a car. All revenue goes to Stadium Corp. |
| RENT: | $1.95 million -- 7th highest in the league. |
| LEASE: | Jones owns the team and manages the lease outright. |
(Sources: Bruce Hardy, GM/Texas Stadium Corp.; rent figure fromFlorida Times Union article from July 24, 1994).
