Bank of America Stadium

Panthers Stadium Bill Moves Forward In N.C. House

Mar 21, 2013
Mark Hames / Charlotte Observer

  RALEIGH A day after speaking to a top Carolina Panthers official, the main sponsor of a bill to help finance improvements to the team’s stadium said Thursday there’s “a natural sense of urgency” to the effort.

Republican Rep. Ruth Samuelson said Panthers President Danny Morrison, just back from NFL meetings in Arizona, told her about public financing plans for stadiums in Atlanta, Buffalo and Minnesota.

Flickr/Suzie T

 Charlotte is up to bat again in Raleigh tomorrow on its other big legislative battle – this one to get approval for a tax hike that would help renovate Bank of America Stadium. Lawmakers balked at the city's initial request to double the local restaurant tax for a period of 30 years.  Now the city is offering a compromise.

Deadspin Report: Panthers Profits Nearly $100 Million Over Two Years

Mar 8, 2013

The Carolina Panthers, who are seeking more than $200 million in public funds for stadium renovations, said Thursday the team made $66.5 million during the 2010 and 2011 seasons, after an audit of the team was published by the website Deadspin.

Charlotte City leaders are engaged in high-stakes battles in Raleigh over the future of the Panthers and the airport.  But Governor Pat McCrory – who was the city's longest-serving mayor – has said very little about either issue. 

The airport is one of Charlotte's most important assets in attracting new companies and jobs. Governor Pat McCrory says when he was just "Mayor Pat" he supported having the airport as a city department. So why is he not going to bat for the city as a bill speeds through the legislature that would put the airport in control of a regional authority?

State lawmakers have introduced a bill that would allow the city of Charlotte to pay for renovations to Bank of America stadium, but not the way the city wants to.  The bill sponsored by four Mecklenburg County lawmakers gives the city flexibility to redirect tax money earmarked for the convention center. 

GOP Lawmakers: Charlotte Voters Should Decide On Food Tax For Stadium

Feb 14, 2013

  RALEIGH Two Republican lawmakers say any effort to raise Charlotte’s prepared food tax to help upgrade Bank of America Stadium would require a vote by the public.

Mark Hames / Charlotte Observer

  The city’s plan to contribute $125 million toward renovating Bank of America stadium started with a letter Mayor Anthony Foxx sent to the team last September, Carolina Panthers president Danny Morrison said Monday.

During the past year, the football team had commissioned studies on possible renovations to the 17-year-old stadium. The city had been part of some meetings with the Panthers, but had received no request for aid.

Foxx’s letter raised the prospect of city investment in the project, Morrison said, leading to three months of private negotiations and debate.

Charlotte Mecklenburg Police have shut down a major dog fighting ring in East Charlotte. On Friday, officers raided a house on Carelock Circle off Albemarle Road after neighbors complained about barking. They found pit bulls on chains as well as items used to train fighting dogs.

Flickr/Suzie T

The Charlotte City Council this afternoon reached a tentative deal with the Carolina  Panthers to spend $143 million on improvements at Bank of America Stadium.  In exchange, the Panthers agree to stay in Charlotte for at least 15 years. Without this deal, City Attorney Bob Hagemann says the city could lose the team at any time.

"It's a lot of money, but if the public would look at other NFL stadium deals in recent years, this is relatively modest and we think this is a very good deal to keep such an important asset – one of 32 NFL franchises – here in North Carolina," he said.

Jennifer Lang / WFAE

The Carolina Panthers say their 17- year old stadium needs an upgrade and they want taxpayers to pitch in. City of Charlotte officials are busy negotiating behind closed doors to come up with as much as half of the $250 million renovation.  They're reportedly looking at doubling the city's tax on prepared foods, such as meals in restaurants. That's not the only local tax Charlotte has used to fund big projects in the past. We asked WFAE's Julie Rose to sort out the sales taxes Charlotte has access to, as this debate over upgrading Bank of America stadium unfolds.