SBD/25/Facilities Venues

STATE OF THE STADIUMS: THE HOME OF THE JAGUAR

     The Jaguars, who will play next season in the $125M
renovated Gator Bowl, have one of the best lease deals in the
NFL.  The city of Jacksonville will pay over $11M annually to
cover expense, including maintenance and repairs. The team will
collect virtually all revenues and pay one of the lowest rents in
the NFL over their 30-year lease.  This is No. 27 in our series
of 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.)
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Facilities, Jacksonville Jaguars, NFL

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