{"id":287286,"date":"2026-05-28T08:59:34","date_gmt":"2026-05-28T08:59:34","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/287286\/"},"modified":"2026-05-28T08:59:34","modified_gmt":"2026-05-28T08:59:34","slug":"tampa-bay-buccaneers-aiming-for-public-to-pay-two-thirds-of-1bn-renovation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/287286\/","title":{"rendered":"Tampa Bay Buccaneers aiming for public to pay two-thirds of $1bn renovation"},"content":{"rendered":"<p>The Tampa Bay Buccaneers NFL team is seeking a $1bn (\u00a3740m\/\u20ac858m) renovation to its Raymond James Stadium.<\/p>\n<p>The franchise has less than 10 months to extend its lease at the 28-year-old stadium by January 2027 before it expires in 2028.<\/p>\n<p>Tampa Sports Authority officials have said that half of the project\u2019s cost would go towards roofing to provide shade as the stands are completely exposed.<\/p>\n<p>The team has suggested paying one-third of the cost while the public covers the remainder, as reported by the <a href=\"https:\/\/www.tampabay.com\/sports\/bucs\/2026\/05\/26\/raymond-james-stadium-renovations-tampa-bay-buccaneers\/\" rel=\"nofollow noopener\" target=\"_blank\">Tampa Bay Times<\/a>.<\/p>\n<p>The stadium talks come amid Tampa\u2019s Major League Baseball team, the Rays, having recently secured approval for a new <a href=\"https:\/\/www.thestadiumbusiness.com\/2026\/05\/22\/rays-gain-city-county-approval-for-new-ballpark-mou\/\" rel=\"nofollow noopener\" target=\"_blank\">$2.3bn ballpark project<\/a> in Hillsborough County.<\/p>\n<p>Tampa Sports Authority board member Tony Muniz has asked Hillsborough County Commission to look \u201cvery hard\u201d at which team should be prioritised.<\/p>\n<p>\u201cI think most of us have talked to the Buccaneers at this point, and we\u2019re going to be writing a very large check in the very near future for Raymond James Stadium,\u201d he said.<\/p>\n<p>\u201cAnd that\u2019s our priority. We have to always remember that. I think that we need to take care of Raymond James before we go out and try to convince the Rays to stay in Tampa Bay.\u201d<\/p>\n<p>Tampa Sports Authority president Eric Hart said he expected the Bucs to request somewhere between $700m and $1.3bn in renovations for Raymond James Stadium.<\/p>\n<p>The venue opened in 1998 and has a capacity of around 69,000. It has hosted the Super Bowl three times, most recently in 2021, and is also a major concert venue.<\/p>\n<p>Tampa Sports Authority has already budgeted $58m for projects at Raymond James Stadium.<\/p>\n<p>Hart said that while some of the renovations are for maintenance, the Sports Authority and the team share a common goal to do upgrades that would generate revenue.<\/p>\n<p>The Rays are also seeking a large contribution from the public, requesting around $1bn from the taxpayer with the team\u2019s current lease to play at Tropicana Field also expiring in 2028.<\/p>\n<p>Elsewhere in Florida, the NFL\u2019s Jacksonville Jaguars are planning a major redevelopment of EverBank Stadium that is expected to cost $1.4bn.<\/p>\n<p>The Jaguars will spend the 2027 NFL season at <a href=\"https:\/\/www.thestadiumbusiness.com\/2026\/04\/01\/jacksonville-jaguars-heading-to-orlando-in-2027\/\" rel=\"nofollow noopener\" target=\"_blank\">Camping World Stadium<\/a> in Orlando while work is carried out at EverBank Stadium.<\/p>\n","protected":false},"excerpt":{"rendered":"The Tampa Bay Buccaneers NFL team is seeking a $1bn (\u00a3740m\/\u20ac858m) renovation to its Raymond James Stadium. 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