Financing scenarios for the Miami Dolphins’ Sun Life Stadium upgrades could include a $150 million loan obtained through the National Football League, according to an independent assessment.
The assessment was provided to Miami-Dade County Commissioners for a special meeting Wednesday to review the team’s proposed funding deal.
Coral Gables-based Public Financial Management said in its assessment that it reviewed the audited financials for both the Dolphins and the stadium. Noting it was outside the scope of its review, PFM added that the team “will be eligible for approximately $150 million of NFL lending” through the NFL G4 Loan program.
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