SoFi Stadium ($4.9 billion) is the most expensive stadium in the world. SoFi Stadium in Inglewood, California comfortably wins first place. The highest ranking on our list of the most costly stadiums in the United States is No. 2.
The top two spots are held by football clubs from the United States and Canada. Both have a history of success at the professional level, with the Montreal Canadians being the only major league team from Quebec. Their rivalry game with the Toronto Blue Jays is one of the most popular games in baseball.
No other country has more than one team ranked among the top 10 most expensive stadiums. Germany's Bayer Leverkusen and France's Paris Saint-Germain make the cut, but their total costs are not enough to buy a single-team stadium.
Costs include land, construction, merchandise, tickets, sponsorship, and marketing. Only those clubs that enter the competition at the highest European level (Champions League or Europa League) are included. Stadia that host less than ten matches per season are not considered.
The list is based on figures provided by Wikipedia and consulted by CNBC.
According to a Construction Disputes blog, SoFi Stadium in Inglewood, California, is the most costly stadium ever built, even when inflation is included in. Larger seats, higher capacity, and a greater number of boxes and suites are just a few of the ways sports clubs are extending the amenities available at stadiums.
The $300 million (about £225 million) facility was built by MLS club Los Angeles Football Club (LAFC). It contains more than 20,000 square feet (1,914 sq m) of premium seating with room for about 68,000 people. That's nearly 10% of LA's population!
Its price tag makes it the most expensive soccer stadium in history. But here's the thing: it isn't actually used for soccer games. It's being constructed for the NFL's Los Angeles Rams and NFL team owner Stan Kroenke. The two leagues that operate these teams have separate rules regarding the use of player facilities while their teams are still playing in other cities. The NFL allows its owners to build new stadiums as they see fit, while Major League Baseball requires its clubs to remain in their current homes for at least ten years after closing a deal with an owner willing to pay cash.
So, despite what you might think from just looking at photos online, this is not a football stadium.
While Yankee Stadium is the most costly baseball stadium in the world, MetLife Stadium, which is home to the NFL's New York Jets and New York Giants, is the most expensive stadium in the world. The $2 billion facility was built in 2010 on land that used to be part of Fort Monmouth. It replaces the old Giants Stadium that opened in 1976.
The new MetLife Stadium has a capacity of 77,500 people and its price tag was shared by both football teams. It features a unique design by French architect Héctor Castaedus that includes a giant glass facade that faces north toward the Hudson River. Inside the stadium, there are more than 50,000 square feet of space for events including a large conference center that can be partitioned off for different uses.
The stadium is owned by the state of New Jersey but operated by a private company that pays the two teams a share of its revenue. The New York Yankees have a 10% stake in this company called Major League Baseball Enterprises (MLBE).
In 2014, the Mets and Jets played each other for the first time at MetLife Stadium where the Jets defeated the Mets 27-14. The game was called "The Big Game in Big America" as it featured the top two selling NFL teams at the time.
The new $5 billion SoFi Stadium, which will house the Los Angeles Rams and Chargers, is a sight to behold. Inglewood, California will be the home of the stadium project that was announced by NFL owners during their meeting in March 2018.
The stadium has an estimated cost of $2.6 billion and it's scheduled to open in 2020. It will have a capacity of 75,000 people and it will be the largest privately funded stadium in America.
It will be interesting to see if the stadium meets its financial goals which include funding 33% of the cost with private funds and accepting both the Rams and Chargers as part of their agreement to share the venue.
If these goals are met then it could mean more money for both teams who will share in profits from sales, sponsorships, and advertising within the stadium. If one team fails to meet their portion of the contract then they would not receive any of the profits made from their product sales.
There has been some controversy surrounding this deal because neither team appears willing to move to Los Angeles now that the deal has been signed. This means that either the Rams or the Chargers could leave after just one season causing the whole project to fail.
It was the most costly stadium ever built in America at the time of its construction, costing around $1.6 billion. MetLife Stadium is one of only two NFL stadiums that is shared by two teams... design
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