Charlotte backs $144M for stadium

Discussion in 'NFC South' started by truebluefan, Feb 9, 2013.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Charlotte's city council has agreed to a plan that would give the Carolina Panthers nearly $144 million from a food-and-beverage tax hike to pay for upgrades to its downtown stadium, Mayor Anthony Foxx said Friday.

    Foxx said North Carolina General Assembly approval would be needed for the city to increase its prepared food-and-beverage tax by one cent. That part of the deal hasn't been settled.
     

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