Report: Titans have deal for new domed stadium

NASHVILLE, Tenn. -- The Tennessee Titans person an statement successful spot with Nashville Mayor John Cooper to physique a caller stadium according to a study by Axios.

The 1.7-million-square-foot stadium volition person a dome, making it imaginable to big a Super Bowl and different large events year-round. It volition beryllium located eastbound of Nissan Stadium on the East Bank.

The task is said to outgo up to $2.2 cardinal and indispensable beryllium approved by Metro Council.

Titans ownership has reportedly agreed to enactment up $800 cardinal to assistance money the project. The stadium besides volition beryllium funded by a $500 cardinal concern by the state.

Other backing includes a 1% taxation connected section edifice country rentals successful Davidson County on with income taxes collected wrong the caller stadium.

The woody is simply a effect of Nissan Stadium needing renovation aft 23 years of deterioration and tear. A proviso successful the existent lease requires the stadium's information to beryllium kept connected par with different sports venues built astir the aforesaid time.

That task was going to outgo astir $1.8 cardinal implicit the adjacent 17 years. Cooper called it "financially irresponsible" to renovate Nissan Stadium alternatively of gathering a caller facility, which supporters accidental would pull much tourists year-round. But the Nashville Metro Council has reportedly been reluctant to o.k. much large spending for tourism projects. The caller stadium would correspond the largest gathering task successful Metro history.