Bank of America Stadium

The Charlotte Observer
11:52 am
Fri March 8, 2013

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

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.

Read more
Local News
5:00 am
Tue March 5, 2013

Gov McCrory Keeps Arms-Length From Charlotte Airport, Panthers Stadium Debates

Governor Pat McCrory is keeping his distance from the high-stakes battles Charlotte is engaged in over the future of the Airport and Bank of America Stadium.

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?

Read more
Local News
2:53 pm
Fri March 1, 2013

Bill Allows City To Pay For Stadium Upgrades, But Not With New Taxes

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. 

Read more
Charlotte Observer
12:22 pm
Thu February 14, 2013

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

Rep. Bill Brawley
Credit ncleg.net

  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.

Read more
Charlotte Observer
9:51 am
Tue February 12, 2013

Charlotte Mayor's Letter Started Discussion With Carolina Panthers On Stadium Renovations

A panoramic view of Bank of America Stadium taken from John Belk Freeway. This photo is comprised of several photos stitched together.
Credit 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.

Read more
Sunday headlines
9:50 am
Sun February 10, 2013

2 Men Charged With Running Big Dogfighting Ring In E. Charlotte

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.

Read more
Local News
4:38 pm
Fri February 8, 2013

Council, Panthers Strike Deal That Calls For $143 Million From City

Credit 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.

Read more
Local News
5:10 am
Thu February 7, 2013

As Panthers Seek A Cut, A City Sales Tax Primer

Credit 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. 

Read more
Charlotte Observer
10:01 am
Wed January 23, 2013

Convention Center Money Could Help Cover Panthers Stadium Upgrades

Bank of America Stadium
Credit Flickr/Suzie T

  Rather than raise taxes to help pay for Bank of America Stadium renovations, the city of Charlotte could cover almost all of the team’s $125 million request by using Convention Center money.

New estimates from the city show that a Convention Center fund could finance $110 million in debt.

Read more
Charlotte Observer
9:48 am
Tue January 15, 2013

Carolina Panthers Seek $125 Million From Charlotte For Bank Of America Stadium Renovation

Bank of America Stadium
Credit gbein83/Flickr

  The Carolina Panthers asked the Charlotte City Council in closed session late Monday for $125 million to help pay for renovating Bank of America Stadium, according to two sources.

Read more

Pages