NFL’s Washington Commanders return to D.C. in $3.7 billion stadium deal

NFL’s Washington Commanders return to D.C. in .7 billion stadium deal


A detail view of a Washington Commanders helmet on the field during a game against the Los Angeles Rams at SoFi Stadium on December 17, 2023 in Inglewood, California.

Ric Tapia | Getty Images

The Washington Commanders are headed back to the District of Columbia.

The NFL franchise announced Monday that it had struck a deal to relocate from its current stadium in Landover, Maryland, to Washington, D.C., on the grounds of Robert F. Kennedy Memorial Stadium, its home field from 1961 to 1996, which is currently being demolished.

The Commanders will invest $2.7 billion into the site, while the city government will contribute $500 million from its existing funding for sports facilities.

The new stadium, expected to open in 2030, will be part of a larger redevelopment project that will include housing, restaurants, parkland and retail. The city and the organization Events DC, which currently oversees the stadium campus, will invest hundreds of millions into infrastructure for parking, transportation and utilities, the release said, bringing the total cost to $3.7 billion.

“RFK Stadium holds a legendary place in our history – it’s where the team dominated the NFL, capturing three Super Bowls and creating unforgettable memories for fans. Now, we have the opportunity to honor that legacy by building a new world-class stadium,” Commanders managing partner Josh Harris said in a news release. 

The Commanders moved from RFK Stadium to Northwest Stadium in Landover in 1997. RFK Stadium also hosted MLB’s Washington Nationals and MLS’ D.C. United at various points, but it has sat vacant for years.

The new stadium will include a roof and have a capacity of about 65,000 seats. The Commanders expect the campus to produce 2,000 permanent jobs, $4 billion in tax revenue and more than $15.6 billion in direct spending over 30 years.

“We are thrilled to welcome the Commanders back home to the Sports Capital. We said that we could do it all – Commanders, housing, park space, recreation, retail, entertainment and more – and, together, that’s what we are delivering,” said Washington Mayor Muriel Bowser in the release. 

The Commanders are worth $6.25 billion, according to CNBC’s Official 2024 NFL Team Valuations.



Source

Nike cuts 1,400 roles in second round of layoffs this year
Business

Nike cuts 1,400 roles in second round of layoffs this year

People walk past a Nike store in New York City, on April 2, 2025. Kylie Cooper | Reuters Nike announced a new round of layoffs on Thursday impacting approximately 1,400 roles across the organization, mostly concentrated in its technology department. In a note from COO Venkatesh Alagirisamy, the company said the layoffs were part of […]

Read More
Trump administration moves to reclassify cannabis in major shift that could expand research
Business

Trump administration moves to reclassify cannabis in major shift that could expand research

The Trump administration moved Thursday to reclassify cannabis under federal law, which could significantly expand scientific research into the drug’s medical uses. The change would not legalize the drug at the federal level, but shift cannabis from its current status as a Schedule I substance to Schedule III under the U.S. Drug Enforcement Administration’s controlled […]

Read More
Regeneron inks drug pricing deal with Trump, will offer new hearing-loss therapy for free
Business

Regeneron inks drug pricing deal with Trump, will offer new hearing-loss therapy for free

U.S. President Donald Trump (C) speaks during an event on advancing health care affordability in the Oval Office of the White House on April 23, 2026 in Washington, DC. Alex Wong | Getty Images Regeneron agreed to lower U.S. drug prices for some Americans as part of a deal with President Donald Trump, the White […]

Read More