Tampa Bay Business Journal’s Post

Here is what is next for the "Stadium of the Future" deal between the City of Jacksonville and the Jacksonville Jaguars, and some answers to some questions as the team prepares to take the approved agreement to the owners. Ric Anderson reports. #stadium #agreement #renovations #negotiations #nfl #businessnews #readitherefirst #subscribe

Women's football breaks new ground with Kansas City Current's stadium launch This Saturday marks a historic moment in women's soccer as Kansas City Current unveils the first purpose-built women's professional stadium in world football. With a private investment of +$100 million, the club anticipates a 50% revenue boost this year, highlighting the growing commercial appeal of women's soccer in the U.S. We spoke with co-owner Christopher Long Here's what you need to know about this groundbreaking development: 1: What makes the new Kansas City Current stadium so significant? The CPKC Stadium is the world's first stadium built specifically for a women's professional soccer team. This 11,000-seat venue, costing $120 million, underscores the commercial and cultural shift towards supporting women's soccer on a scale comparable to men's leagues. 2: How will the new stadium impact Kansas City Current's finances? Ownership of the CPKC Stadium is projected to enhance the club's revenues by 50% this year, a testament to the financial viability and appeal of investing in women's sports infrastructure. This strategic move is expected to set a new standard in the sport. 3: Why has it taken so long for a women's team to have their own stadium? The delay reflects a longstanding mindset that hesitated to invest meaningfully in women's sports infrastructure. Kansas City Current's initiative challenges this perspective, setting a precedent for future investments in the women’s game. 4: What are the broader implications of this stadium for women's soccer in the U.S.? The launch of the CPKC Stadium is seen as a catalyst for further investment in women's soccer facilities and a sign of the sport's growing profitability and popularity. With the 2026 World Cup on the horizon, this development is timely and indicates a bright future for the sport. #Partnership #Broadcasting #SportsBusiness #Commercial #Sponsorship #Football #SportsBiz #Finance #People #Data #Tech #Intelligence #Investment

As #soccer continues to grow in popularity in the U.S., it is important for Major League Soccer to produce a product of entertainment that will attract more fans and boost revenues to the league and local economies. It looks like FC Dallas are stepping up to bat with planned stadium renovations to capitalize on the City of Frisco's growing population and increased tourism efforts. Hopefully this bid goes through to produce a more luxurious soccer stadium experience in the U.S. and, more specifically, DFW. https://lnkd.in/gMhNU5He.

What’re your thoughts on this recent report?

Key takeaways from AP’s look at the emerging wave of sports construction in the US https://lnkd.in/dx_rncG5

Jesse's view on MLS expansion lacking insight is an understatement. The subpar MLS, trailing even the championship in quality, with only a handful of teams like LAFC and Inter Miami holding up due to their aging star players. Remove those, and you're left with league one, with some MLS teams struggling against league two counterparts. The core problem lies in the nonsensical 18-team playoff system and the absence of promotion and relegation. With 29 teams in a sprawling market, the league leans heavily on almost 60% foreign players, creating an environment where securing a spot for Americans is akin to winning the lottery. The blatant disregard for homegrown talent is not just disappointing but leads to the exodus of top domestic players. The increasing preference of young American talents for European trials over MLS opportunities is a stark testament to the ongoing woes of the league. After almost three decades, a crucial overhaul in player development is not just essential but imperative. Shifting the focus of academy recruitment from socioeconomic status and athleticism to merit is long overdue. American soccer and its fans deserve more than the constant stream of excuses

Here's what's likely to be the first real task for a new stadium district board.

The cutthroat power struggle within US Soccer is plunging the sport into a downward spiral, with MLS at the forefront of the controversy. Accusations of MLS deliberately sabotaging the USL in a bid to cling onto its dominance are rife, exposing a desperate grasp for power. This calculated move by MLS comes as no surprise, considering its ongoing assault on the USL's modest strides in lower league soccer. The recent demise of USL San Diego serves as a grim reminder of the ruthless tactics employed by MLS to crush any potential competition. Such ruthless maneuvers not only stifle the growth of the sport but also erode the very essence of healthy competition that soccer thrives on. Instead of nurturing an environment of fair play and rivalry, MLS's actions reek of a monopolistic agenda aimed at controlling markets, ultimately tarnishing the integrity of the beautiful game. https://lnkd.in/eEmjB5db

Ten Real Estate Tips for Soccer Clubs to Effectively Maintain Their Training & Match Day Facility to Maximize Viability "The emergence of new teams and leagues results in more competition for training and match-day facilities. These real estate documents must be drafted with this expansion in mind." WIS contributor Susie Cirilli brought in colleague and Real Estate Shareholder with Flaster Greenberg PC, Jennifer Johnson to give soccer clubs and leagues prudent advice on how to maximize their viability at their facilities. Dive in and prepare your club for continued expansion. https://lnkd.in/e6G74EDm

Check out this new blog post written by Labor & Employment Shareholder Susie Cirilli and Jennifer Johnson. The pair discuss real estate tips for professional soccer clubs, especially as they grow in popularity. But these tips can benefit anyone who is embarking on a lease agreement.