Maryland power brokers are quietly marshaling hundreds of millions of dollars to entice the Washington Commanders to keep their stadium in Landover, three people familiar with the process said.
The proposal would borrow a huge sum to publicly finance development around the FedEx Field site, where the football team and owner Daniel Snyder already owns more than 200 acres in addition to the stadium itself.
The Washington Commanders seek more than a new stadium, pitching to officials in Maryland, Virginia and D.C. for years a vision to build a multibillion-dollar sports-entertainment destination that would accommodate homes, commercial businesses, retail, possibly sports-betting and more. This month’s rebranding of the team renewed public interest in where the football team and its outsize economic footprint may land.
Click here to read the rest of the article written by Erin Cox over at The Washington Post
