Who Paid for Cowboys Stadium? Funding and Financing Explained
Discover how Cowboys Stadium (AT&T Stadium) was funded through public taxes and private investment from Jerry Jones.
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Cowboys Stadium, now known as AT&T Stadium, was primarily paid for by the City of Arlington and the Dallas Cowboys owner, Jerry Jones. The facility, which opened in 2009, was financed through a combination of tax increases approved by Arlington voters (sales, car rental, and hotel taxes) and $850 million in private funding from Jerry Jones. The innovative funding model reflects a partnership between public entities and private investment to create a world-class sporting venue.
FAQs & Answers
- Who funded the construction of Cowboys Stadium? Cowboys Stadium was funded through a combination of public taxes approved by Arlington voters and $850 million in private investment by Dallas Cowboys owner Jerry Jones.
- What taxes were used to finance Cowboys Stadium? Sales tax, car rental tax, and hotel tax increases approved by Arlington voters were used to finance part of Cowboys Stadium.
- When did Cowboys Stadium open? Cowboys Stadium, now known as AT&T Stadium, opened in 2009.
- What is the significance of the funding model for Cowboys Stadium? The funding model is notable for its public-private partnership, combining taxpayer-approved taxes with private funding to build a world-class sporting venue.