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Jets & Giants Receive $300 Million in Stadium Funding
The NFL agreed yesterday to give each team $150 million in funding to help build the $1 billion stadium.
Illustration of New Jets/Giants Stadium
" Final design plans are expected in January, said Alice McGillion, a spokeswoman for New Meadowlands Stadium Corp., a company that represents the team owners. Thursday's vote helps keep the construction schedule on track, said Carl Goldberg, chairman of the board of the New Jersey Sports and Exposition Authority, which owns the Meadowlands."
Sports Illustrated (sportsillustrated.cnn.com)
The new stadium, set to be built next to the 30 year old Meadowlands stadium is set to seat between 82,500 and 84,000 people and open in 2010. While there has not been any talk of PSLs (Personal Seat Licenses) fans concerned about the cost.
