Stadium Authority Rent Win: $10 Million Over 40 Years
After two years of closed-door hearings and discussion, a private arbitrator awarded the Santa Clara Stadium Authority a 1.07 percent increase in the Levi’s Stadium facilities rent — raising the annual amount to $24,762,000 from $24,500,000, a total of $10.5 million over the 40-year term of the stadium lease. The Stadium Authority will also receive … Read more