08-18-2022, 11:20 PM
(08-15-2022, 10:32 AM)bengals1969 Wrote: For the last 15 years the NFL lived in a ZIRP world where borrowing costs were negligible to any project. So why not build a new stadium?
Those days are ending and I bet many teams go the renovation route because it saves money.
The opposite is actually happening. Costs are skyrocketing and teams are looking at it as "If we're going to pay 750 million to renovate, why not just pay 1.5 billion and get a new stadium?"
Buffalo thought about renovating New Era Field, ended up going with a new stadium due to the cost(and it's also a dump, let's be real here.) Tennessee did a huge study on renovating Nissan Stadium, are now going forward with a new domed building instead because reno cost estimates went haywire. Chicago as well are now going to snub renovating Soldier Field and instead are going to put a dome out in the suburbs.
