Charlotte City Council Approves $800 Million Renovation for Bank of America Stadium

The Charlotte City Council has approved a significant $800 million renovation plan for Bank of America Stadium, ensuring the Carolina Panthers will remain in Charlotte for the next 20 years. The city will contribute $650 million, with team owner David Tepper providing the remaining $150 million upfront and covering potential overages. Tepper has previously invested over $117 million in stadium upgrades and will continue to invest in additional improvements. The renovations, set to begin in 2026 and complete in 2029, will include modernized infrastructure, upgraded video and audio systems, and new social areas. Despite some council members' concerns about transparency and Tepper's past dealings, the vote was a decisive 7-3 in favor. The project aims to enhance the fan experience and support the city's tourism economy.