The Jaguars, who will play next season in the $125Mrenovated Gator Bowl, have one of the best lease deals in theNFL. The city of Jacksonville will pay over $11M annually tocover expense, including maintenance and repairs. The team willcollect virtually all revenues and pay one of the lowest rents inthe NFL over their 30-year lease. This is No. 27 in our seriesof 29 profiles.
| STADIUM: Formerly the Gator Bowl, Jacksonville, Florida |
| NAMING RIGHTS: | Naming rights to cost a reported $300,000-$1M per year, to be split Between city and team. |
| AGE: | Facility to be completed in mid-August '95. |
| CAPACITY: | 73,000 -- 11th highest in the league. |
| OWNERSHIP: | Facility owned by city of Jacksonville. |
| MANAGEMENT: | Spectacor Management Group operates the facility. |
| LUXURY SEATS: | 74 luxury suites -- team will operate luxury suites and receive all revenue. |
| CONCESSIONS: | No concession contract presently. Team will receive all revenue from concession sales. |
| ADVERTISING: | Team will receive all revenue. |
| PARKING: | Details with parking not complete. Team will receive all parking revenue. |
| MAINTENANCE: | All maintenance handled by the city -- average cost $1.1M annually. |
| GAME-DAY: | All personnel paid for by city. |
| LEASE: | Jaguars signed 30-year lease. |
| RENT: | $875,000 -- 8th lowest in the league. |
(Source: David Auchter, Jaguars; rent figure from Florida Times-Union article on July 24, 1994.)
