For 28 years now, Raymond James Stadium has housed the Tampa Bay Buccaneers. During that time, the franchise has celebrated two Lombardi Trophies and hosted three separate Super Bowls. However, the legendary venue desperately needs major renovations if the city hopes to secure a fourth Super Bowl hosting bid. In particular, it needs a better way to manage the sun during afternoon games.
According to a report from the Tampa Bay Times, the Bucs are planning to meet with the Tampa Sports Authority to discuss a stadium overhaul. Initial estimates place the proposed renovation project around the $1 billion mark. But according to the TB Times reporter, Colleen Wright, the Bucs will pay one-third of the asking price, and the public fund will cover the rest.
The president and CEO of Tampa Sports Authority, Eric Hart, expects the Bucs to request somewhere around $700 million to $1.3 billion for the upgrades. The Tampa Sports Authority has already put a $58 million budget for projects at Ray Jay. Ultimately, the authority will align with the Buccaneers since both organizations share the same financial goal. They want to upgrade Raymond James Stadium to generate more income…