The Carolina Panthers paid about $1.7 million in property taxes on the Bank of America stadium in Charlotte for 2011, the year of the most recent valuation, according to Eric Anderson, deputy director in the Mecklenburg County assessor’s office.
Payments in lieu of taxes
In some cases, stadiums don’t pay property taxes but they do make a payment in lieu of taxes — and that payment can be substantial. Take for example the town of Foxborough, Mass., population 17,000, that gets about $2 million for payment in lieu of taxes from the New England Patriots. That payment is about 40 to 60 percent less than the amount would be if the team paid property taxes, estimated the town’s finance director Randy Scollins.
The New York Giants and the New York Jets don’t pay property taxes on their shared MetLife stadium in East Rutherford, N.J. However, the borough is in negotiations and in court about whether the Giants should pay $1.5 million in property taxes on a training facility within the same sports complex as the stadium.
The city receives a payment in lieu of property taxes — about $7.2 million through the New Jersey Sports & Exposition Authority. A portion of that comes from the stadium, East Rutherford Mayor James Cassella told PolitiFact.
Gimenez said during a county meeting that the Miami Dolphins "are the only NFL team in the entire nation that pays property taxes."
That’s not accurate. Two additional NFL teams pay property taxes on their stadiums. For the most recent year available, the Carolina Panthers paid about $1.7 million while the Washington Redskins paid about $3 million.
Some teams pay some sort of other payment in lieu of property taxes. Technically, those aren’t property taxes, but in the case of the New England Patriots, the $2 million payment to the town of Foxborough isn’t too shabby.
Gimenez exaggerated when he said that the Dolphins are the only NFL team in the country that pays property taxes. We rate this claim False.