It Is Never Too Early To Renegotiate Your Team’s Lease

Please, please me like I please you.

Shad Khan has a lease with the city of Jacksonville, Florida that requires Khan’s National Football League Jaguars franchise to play most of the team’s home games in the city through 2030. It might be 2019, but Khan is looking at that lease and it appears he has a set of demands to keep his business in town past 2030. Jaguars’ management might want to spruce up the place by putting a sunroof on the 25-year-old facility. But that is the only idea that seems to have been put forth by the Jaguars’ ownership group for now. The Jacksonville stadium has had about $180 million worth of facelifts in the past seven years but the stadium is still bordering on being obsolete according to the Jaguars team president Mark Lamping. Khan’s Jacksonville Jaguars franchise is competing with a new generation of stadiums which are more fan friendly. Fan friendly means enhance the stadium experience which usually means the owners charge more and more so that fans can enjoy the experience of better food, Wi-Fi, a big scoreboard and maybe watching a game.

The talks between the city and Khan’s point man Lamping have not formally started but Lamping is laying out his plan of action. Begin the talks soon and see where it goes. Jacksonville Mayor Lenny Curry issued a statement about the stadium and the team. “I am not an expert on entertainment and sports stadiums, so whatever the organization thinks is going to be best for that district for fans and best for taxpayers.” Curry is correct, he is no stadium expert. Most politicians are not stadium experts. Sports franchise owners are experts. They usually get what they want. A stadium or an arena that receives government funding in the construction and maintenance of the venue taking a lion’s share of the revenue. It is really that simple.

Jacksonville Jaguars quarterback Blake Bortles (5) fumbles the ball as he is hit by Houston Texans linebacker Whitney Mercilus, top left, during the first half of an NFL football game, Sunday, Oct. 21, 2018, in Jacksonville, Fla. (AP Photo/Phelan M. Ebenhack)