Anyways; buzz is that Khan will pay for part of it. I think it's just part of the negotiating.
I figured that much. Khan is not that type of person or business man. I knew he would foot part of it.It is smart to address this stuff now. Its still anything 13-14 years before our lease up and we need to get it up to date as possible because building a new stadium here aint happening anytime soon. And Regardless how anyone feels, this will also help the city. We are always trying to attract more, and bigger sporting events. A top tier venue will only help.
The thing that did stick out to me was the comment that the orginial agreement was the stadium revenue is supposing to going into the stadium fund to pay for improvements. Reading between the lines it sounds like the city has not been doing that. Of course we have been making improvements to stadium, but it sounds like they have not been following what was agreed upon. I remember years back the stadium fund was in the red. Under Peyton, our accounting practices were all over the place so thats not a shock.
But I see it like this..Khan is new here and has already dumped millions into this community. Work with him on anything he wants. he not some greedy, selfish billionaire tycoon like we normally see. Now it is business and there will be "leveraging" and some politics, but that comes with the territory. And despite what someone said, yes the Jaguars, and all NFL teams for that matter do a lot for the community they are a part of. From non profits, food and clothing giveaways, football camps, community programs, etc NFL pour a lot into any community their in. Thats their obligation. Those types of things are priceless.