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REDSKINS COOKE COMPLETES STADIUM DEAL TO CAP OFF A BIG DAY
Published December 4, 1995
Redskins Owner Jack Kent Cooke has obtained the necessary approval from the states of MD and Prince George's County for a new 78,600-seat stadium in Landover where the team could begin play as early as '97. A front-page, above-the-fold piece in today's WASHINGTON POST reports the deal was finalized after County Exec Wayne Curry signed on yesterday. Curry had been "the remaining impediment to Cooke's plan." A press conference will be held today with details, but it means an end to Cooke's "seven-year search for a new home." Cooke will pay for the stadium, including $4.1M for the land, and $4.6M to help the community play for a rec center. The state will contribute $78M to build roads and parking lots, and the county will donate about $2M worth of land for the rec center. Obstacles remain, including final passage by the County Council (WASHINGTON POST, 12/4).