Charlotte trims money for Panthers stadium rehab - WSLS 10 NBC in Roanoke/Lynchburg Va

Charlotte trims money for Panthers stadium rehab

Posted: Updated:
Bank of America Stadium Bank of America Stadium
CHARLOTTE, N.C. -

Charlotte leaders remain committed to helping renovate the uptown stadium used by the city's professional football franchise, but now say that help will fall short of the $144 million originally pledged.
    
The Charlotte Observer reported Tuesday that city council member and lead negotiator James Mitchell ruled out using taxpayer dollars for improvements to Bank of America Stadium at a Monday meeting.
    
Mitchell says the city will instead borrow $110 million.
    
The Panthers sought $125 million in city money for stadium renovations, along with $19 million for maintenance. The city hoped to raise the money by doubling the local 1 percent tax on prepared foods and beverages, but state lawmakers torpedoed that plan.
    
In exchange for the money, the Panthers would promise to stay in Charlotte for another 15 years.

  • SportsMore>>

  • NCAA settles head-injury suit, will change rules

    NCAA settles head-injury suit, will change rules

    Tuesday, July 29 2014 9:14 PM EDT2014-07-30 01:14:50 GMT
    The NCAA has agreed to settle a class-action head injury lawsuit by creating a $70 million fund to diagnose thousands of current and former college athletes to determine if they suffered brain trauma playing...
    The NCAA agreed on Tuesday to help athletes with head injuries in a proposed settlement of a class-action lawsuit that college sports' governing body touted as a major step forward but that critics say doesn't go...
  • Canes captain has surgery to fix muscle injury

    Canes captain has surgery to fix muscle injury

    Tuesday, July 29 2014 3:21 PM EDT2014-07-29 19:21:02 GMT
    The Carolina Hurricanes say captain Eric Staal has had surgery to repair a core muscle injury and should be ready for training camp.
    The Carolina Hurricanes say captain Eric Staal has had surgery to repair a core muscle injury and should be ready for training camp.
  • Triangle programs turning out promising hockey talent

    Triangle programs turning out promising hockey talent

    Monday, July 28 2014 11:00 PM EDT2014-07-29 03:00:51 GMT
    The Junior Hurricanes program is producing outstanding talent, including goalie Logan Halladay, who recently wrapped up a week at the Carolina Hurricanes prospect camp.The Junior Hurricanes program is producing outstanding talent, including goalie Logan Halladay, who recently wrapped up a week at the Carolina Hurricanes prospect camp.
    This past week, two locally produced players took part in the Carolina Hurricanes Prospect Camp.
    This past week, two locally produced players took part in the Carolina Hurricanes Prospect Camp.
Powered by WorldNow

WSLS 10, P.O. Box 10
Roanoke, VA 24022-0010

Telephone: 540.981.9110
Fax: 540.343.3157
Email: news@wsls.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.