Washington Commanders reportedly nearing $3B deal to bring team back to DC
The Washington Commanders could be nearing a return to the nation’s capitol.
According to a report from Mark Segraves of NBC Washington on Wednesday night, the NFL franchise is nearing a $3 billion deal with the District of Columbia to return the Commanders to a new stadium built on the RFK Stadium site.
Segraves’ report states “multiple sources familiar with the deal told News4 that Mayor Muriel Bowser and the Commanders have the framework for a deal in place that would see the team paying the vast majority of the costs to build a new stadium and much of the money provided by the city going for infrastructure that will support the entire 180-acre development.”
The Commanders would front as much as $2.5 billion for the project, while D.C. would provide up to $850 million.
The city would pay the first $500 million in installments from 2026 and 2030, while the final $350 million would be paid in 2032 through the taxes generated from the new site development.
Washington previously played in RFK Stadium from 1961-96 before moving to Landover, Maryland, where they currently play at Northwest Stadium.
Returning the franchise to D.C. would be a long-awaited more for the fanbase that could reinject some energy as the Commanders begin turning things around with new franchise quarterback Jayden Daniels.