The 49ers are a big step closer to moving from San Francisco to a new stadium about 45 miles south in Santa Clara.
The team and City of Santa Clara announced on Friday that they have secured long-awaited funding for the project. Goldman Sachs, Bank of America-Merrill Lynch and U.S. Bank have agreed to an $850 million loan with the city's stadium authority and the 49ers. Read More
The new NFL labor contract brings the 49ers’ stadium in Santa Clara closer to reality.
As team President Jed York pointed out in a conference call this week, the new collective bargaining agreement has a provision setting 1.5 percent of revenue aside for new stadiums. This is why the owners wanted a new deal reducing the players’ share, so they’d have money for new stadiums. Read More
San Francisco could benefit financially if the 49ers relocate to Santa Clara.
City supervisors and economic development staff on Monday discussed the financial implications of holding a spot open in a shipyard redevelopment project for a 49ers stadium.
A football stadium was long heralded by city and private industry officials as an anchor in redevelopment plans centered at the shuttered Hunters Point Naval Shipyard. Read More
San Francisco 49ers officials would have you believe that the NFL is fully behind their plans to build a new stadium in Santa Clara and ready to award them a Super Bowl as soon as its completed.
And if you believe that you may have taken as many blows to the head as Steve Young. Read More