The Committee conducted a comprehensive financial analysis with the help of Barrett Sports Group, a leading feasibility expert in the sports industry.

The end result: the amount of public funding needed for either a new downtown stadium or a Rosenblatt renovation is roughly the same.

The total cost of the new stadium is estimated at $127.84 million, plus an additional $11.95 million required to retire the existing Rosenblatt Stadium debt.

Private donations would account for $42.95 million for a new downtown stadium and also cover the existing Rosenblatt debt. Heritage Services, a local private fund-raising group, has a proven record in raising private funds for significant projects, including $100 million for the Holland Center and $75 million for the Qwest Center.

Stadium revenues are expected to account for $37.60 million. These include many sources not available at Rosenblatt, such as premium seating, naming rights, incremental seat taxes, parking revenue and many others.

Public funding would be covered through a 1% increase in the hotel tax, a $2/rental increase on car rentals and Keno funds. While the hotel tax does slightly increase average room rates, Omaha’s hotels would still be among the most affordable in the country.

If you would like to read more, download the full financial study:

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