{"id":73551,"date":"2024-10-24T17:10:50","date_gmt":"2024-10-24T22:10:50","guid":{"rendered":"https:\/\/demo.wztzfm.com\/wp\/green-bay-packers-agree-to-city-demand-new-lambeau-field-lease\/"},"modified":"2024-10-24T17:10:50","modified_gmt":"2024-10-24T22:10:50","slug":"green-bay-packers-agree-to-city-demand-new-lambeau-field-lease","status":"publish","type":"post","link":"https:\/\/demo.wztzfm.com\/wp\/green-bay-packers-agree-to-city-demand-new-lambeau-field-lease\/","title":{"rendered":"Green Bay Packers agree to city demand, new Lambeau Field lease"},"content":{"rendered":"

The Green Bay Packers just made a big commitment to the city, agreeing to a new lease on Lambeau Field. This week, the Packers and the city of Green Bay agreed to a 30-year lease on the stadium with an annual rent of $1 million and a 2.75 percent annual escalator. The Packers will invest $1.5 billion in Lambeau Field, and taxpayers would not be obligated to pay for the investment. <\/p>\n

\u201cThis process has become untenable, as the Packers have already invested four years in discussions and submitted three proposals without receiving a single counter-proposal. If this extension as proposed is unacceptable, the Packers will not engage in further discussions,\u201d the team said, per the Green Bay Press Gazette.<\/em><\/a><\/p>\n

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The city rejected three previous proposals by the Packers. Before the Packers and Green Bay agreed on the new lease, the Green Bay City Council explained their position on the team\u2019s previous offers. <\/p>\n

\u201cThat\u2019s football and this is business,\u201d City Council president Brian Johnson said. \u201cWe need to learn how to separate football from business. We understand why an extended lease is desired by the Packers. They want to make substantial investments in the stadium and they want to ensure that they have long-term control and that a future council doesn\u2019t raise the rent after they made those investments. We think that is a very smart business decision on their part.\u201d<\/p>\n

Green Bay Packers and the city prepare for the 2025 NFL Draft<\/h2>\n
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The agreement comes as the Packers and Green Bay prepare for the 2025 NFL Draft<\/a>. The city will host the event on April 24-26 next year, and the main portion of the event is expected to take place on the Lambeau Field and Titletown campus.<\/p>\n

\u201cThe Draft has become our biggest offseason event hosted in different cities with spectacular locations across the country, and we are excited to work with the Packers and Discover Green Bay to bring the 2025 NFL Draft to Green Bay and iconic Lambeau field,\u201d NFL Commissioner Roger Goodell said last year.<\/a> \u201cWith the help of numerous local partners on the ground, our prospects and fans will be treated to an incredible week-long experience that shows off the city of Green Bay and the state of Wisconsin.\u201d<\/p>\n

The post Green Bay Packers agree to city demand, new Lambeau Field lease<\/a> appeared first on On3<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The Green Bay Packers just made a big commitment to the city, agreeing to a…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-73551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/demo.wztzfm.com\/wp\/wp-json\/wp\/v2\/posts\/73551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.wztzfm.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.wztzfm.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.wztzfm.com\/wp\/wp-json\/wp\/v2\/comments?post=73551"}],"version-history":[{"count":0,"href":"https:\/\/demo.wztzfm.com\/wp\/wp-json\/wp\/v2\/posts\/73551\/revisions"}],"wp:attachment":[{"href":"https:\/\/demo.wztzfm.com\/wp\/wp-json\/wp\/v2\/media?parent=73551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.wztzfm.com\/wp\/wp-json\/wp\/v2\/categories?post=73551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.wztzfm.com\/wp\/wp-json\/wp\/v2\/tags?post=73551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}