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NC's $1.7B stadium financing stalls as House balks at public funding

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Source: WRAL
NC's $1.7B stadium financing stalls as House balks at public funding
Photo: WRAL
TL;DR

North Carolina Senate leaders push a government-backed framework to finance a $1.7 billion Raleigh MLB stadium, including $500 million in state funds and the rest from local revenue, sports betting taxes, income tax withholdings from performers, and a new sports-and-entertainment district; House Republicans oppose public funding, leaving the plan out of the state budget and complicating Raleigh’s MLB expansion bid as lawmakers haggle over timing and financing.

Topics:sportspolitics#baseball-stadium#budget-negotiations#mlb-expansion#north-carolina#politics#public-funding
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  1. North Carolina has a plan to pay for a $1.7B baseball stadium. But lawmakers can’t agree.  WRAL
  2. The Stanley Cup's Return Trip To North Carolina  NHL.com
  3. Hurricanes celebration lessons NC | Raleigh eyes larger, future events after Canes victory parade, rally success in downtown  ABC11 News
  4. Hurricanes fans jam into downtown Raleigh for Stanley Cup parade and rally  AP News
  5. Canes’ Stanley Cup run pumped $13M into Wake Co. as parade crowd estimate grows  Raleigh News & Observer

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