The Jaguars and the city have agreed to each contribute $625 million to the renovation, but the city also has agreed to pay $150 million over the next two seasons on maintenance and repairs to prepare the stadium for construction. That means the city will be responsible for 55% of the total cost.
The Jacksonville City Council voted 14-1 Tuesday night to approve an agreement between the Jaguars and the city on a $1.4 billion renovation of EverBank Stadium.