HEADLINES

Jacksonville Approves $775MM Renovation To EverBank Stadium, 30-Year Lease With Jaguars

June 30th, 2024 at 10:09pm CST by Rory Parks

The Jacksonville City Council recently approved $775MM in improvements to EverBank Stadium, the home of the Jaguars, as relayed by Ben Volin of the Boston Globe. Along with the funding comes a new lease tethering the Jags to Jacksonville for the next 30 years.

For those who are interested, more details on the agreement, including renderings of what the finished product will look like, can be found here. As Volin notes, one of the most notable components of the renovation will be the addition of a canopy over the field, which offers shade for fans and which can cool the stadium by as much as 15 degrees while still allowing for wind and other elements. SoFi Stadium, where the Rams and Chargers play their home games, has a similar feature.

For our purposes at PFR, the most important part of this development is the lease. Although the chatter had died down in recent years, Jaguars fans in particular will recall the persistent rumors connecting their team to a London relocation, and this lease will officially put that speculation to rest (for the next few decades, at least).

The NFL’s London games have generally been a tremendous success, and just last April, we heard that the creation of a four-team, all-European division was gaining steam among league ownership. The Jags are the only team to have their own international agreement, and they have played at least one game in London’s Wembley Stadium since 2013 (aside from the pandemic-altered year of 2020). As such, they were long considered to be the top candidate for relocation if the NFL’s goal of installing a permanent London-based outfit included relocation of a current club rather than expansion.

Plus, owner Shad Khan was at one time in talks to buy Wembley Stadium, and among his NFL owner peers, he had secured a right of first refusal with respect to a London relocation. So while Khan has consistently maintained that his goal is to keep the Jaguars in Jacksonville, it was always fair to wonder if the call of a move across the pond would prove to be too tempting.

Construction on EverBank will begin after the 2025 campaign, and the hope is that it will be completed before the 2028 seasons begins. The Jags will play at EverBank with reduced capacity (43,500) in 2026 but will need to play their U.S. home games elsewhere — Volin names Orlando and Gainesville as possibilities — in 2027.

In announcing the agreement, Jacksonville mayor Donna Deegan said it is “a historic day for our city,” and when the framework of the agreement was first announced last month, Khan said, “the belief and determination of Delores and Wayne Weaver to make the Jacksonville Jaguars a reality more than 30 years ago was reaffirmed today by the leadership of Mayor Donna Deegan, her team and the Jacksonville City Council. The message then, and now, should be clear. Never doubt Jacksonville!”

NFL Trade Rumors: Jacksonville Jaguars

View Comments (26)