Menu
Facilities

Daytona, EverBank Field, Sun Life Stadium Get One Step Closer To Receiving Tax Rebates

The Florida Department of Economic Opportunity this week determined that three professional sports stadiums -- including Daytona Int'l Speedway -- "are eligible to receive" state sales tax rebates, according to Eileen Zaffiro-Kean of the Daytona Beach NEWS-JOURNAL. Also "making the cut" were EverBank Field and Sun Life Stadium. A fourth application was "initially submitted" for Raymond James Stadium, "but no review was concluded since paperwork wasn't completed on time." The three qualifying venues "still need state legislators to approve funding before the session ends next month." State House leaders "have been reluctant to set aside tens of millions of dollars over the next 30 years to pay for stadium improvements." Some pro teams in Florida "already receive state sale tax rebates." The new funding process "allows stadium backers to apply for as much as" $3M a year for projects totaling more than $200M. They can seek up to $2M a year "if construction or improvements are between" $100M and $200M, and $1M a year "when the work is less than" $100M. DIS and Sun Life Stadium are asking for $90M -- $3M a year for 30 years. The city of Jacksonville and the Jaguars are seeking $1M a year for EverBank Field (Daytona Beach NEWS-JOURNAL, 2/3).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2016/02/03/Facilities/Florida-Facils.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2016/02/03/Facilities/Florida-Facils.aspx

CLOSE