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Some strong-legged punter will eventually get a kick out of the stadium
Architectural firm spent nearly a decade on stadium project
Seating arrangements are based on event type
The views, from the cheap seats to the big suites
Westbound traffic will have the most challenges leaving Cowboys Stadium
Jones family intimately involved in stadium details
To bring the Dallas Cowboys to Arlington, mayor had to sell the idea to Jerry Jones -- and voters
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$1.15 billion.
That is the final price tag for Cowboys Stadium in Arlington, half a billion more than it was originally slated to cost.So how did Jerry Jones pay for it?By using voter-approved funds, taking out bank loans and tapping his own cash."Every person in our family has made a major contribution directly and indirectly to providing funds to build the stadium," the Cowboys owner said.Jones emphasized that his family put their own money into the stadium and did not overleverage the team to pay for it. He quoted a recent magazine article that said he sold $300 million of real estate in 2004 to help finance the stadium to make the point that the Cowboys didn’t just borrow money for their new home.Even though the team had lined up almost $475 million in financing from its banking partners, led by Banc of America Securities, Jones said they didn’t use more than $350 million of it.Although the stadium is now open, that doesn’t mean the bills will stop. Final bills from contractors will be settled in the next few months — according to a city document, $955.2 million has been paid out on the project as of May 20 — and there will be a substantial maintenance budget to keep the stadium looking good and operating smoothly."You’ll see us constantly make capital expenditures that will hopefully keep the building fresh and keep it moving in a direction that people feel like it is always state of the art," said Stephen Jones, the team’s executive vice president.Paying for it
$325 millionBonds, approved by Arlington voters, being repaid by a half-cent sales tax$25 millionTarrant County$113 millionPrivate bonds, not city-funded, that will be repaid with a 10 percent ticket tax and $3 parking fee$76 millionNFL loan$350 million Private bond offering led by Banc of America Securities$261 millionLikely cash contribution from the Jones familyFinal price tag$1.15 billion
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