Knox Sports Authority Meeting Set April 26, 2022

Communications Director

Kristin Farley
[email protected]
(865) 215-2589

400 Main St., Room 691
Knoxville, TN 37902

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Knox Sports Authority Meeting Set April 26, 2022

Posted: 04/14/2022
The Knox Sports Authority will meet in its regular meeting at 8:30 a.m. on Tuesday, April 26, 2022 at the City’s Public Works Service Center, 3131 Morris Ave. 
 
The total economic impact of a publicly-owned multi-use stadium and surrounding private development in East Knoxville is projected to be nearly $480 million over 30 years. More than 400 full-time jobs are expected to be created.  
 
The Sports Authority will be financing, overseeing construction of and managing the stadium, to be built on property just east of the Old City. The stadium is expected to host hundreds of events each year – professional baseball games, but it also is designed to accommodate everything from soccer matches to concerts and festivals to other public events. 
 
The City and County’s anticipated payment toward the stadium debt would be about $240,000 for each government annually for the first 10 years. At that point, according to an independent economic impact analysis, the project has the potential to pay for itself. 
  
For more information, visit www.knoxsportsauthority.com. For FAQs, go to www.knoxvilletn.gov/stadium