The Cowboys stadium in Arlington, officially known as AT&T Stadium, is owned by the City of Arlington, Texas. While the Dallas Cowboys football team plays its home games there, they operate the stadium under a long-term lease agreement.
Understanding AT&T Stadium's Ownership
Contrary to popular belief that the Dallas Cowboys or its owner, Jerry Jones, owns the iconic venue, the ownership lies with the municipality. This arrangement is a common model for major sports facilities, often involving a public-private partnership.
Here's a breakdown of the key roles:
Entity | Role |
---|---|
City of Arlington | Owner of AT&T Stadium. |
Dallas Cowboys | Operator of AT&T Stadium under a lease. |
This means the City of Arlington holds the title to the property and the physical structure, while the Cowboys manage the day-to-day operations, events, and maintenance of the stadium.
The Lease Agreement
The Dallas Cowboys operate AT&T Stadium through a lease agreement with the City of Arlington. This long-term contract allows the team to utilize the venue for its games and other events. The current lease term is set to continue until 2039. This arrangement ensures the stadium remains a vital asset for both the city and the team, providing a stable home for the Cowboys and a significant economic driver for Arlington.
Public-Private Partnership Model
The ownership structure of AT&T Stadium exemplifies a public-private partnership, a model frequently used for large-scale infrastructure projects, including sports arenas. In this scenario:
- Public Investment: The City of Arlington played a significant role in funding the construction of the stadium, often through public bonds and taxes, to secure the team's presence and foster economic development. This investment benefits the city through increased tax revenue, job creation, and enhanced tourism.
- Private Operation: The Dallas Cowboys, as a private entity, are responsible for the operational aspects, bringing their expertise in sports management and event promotion to maximize the stadium's utility and revenue potential. This includes scheduling events, managing concessions, and overseeing facility upkeep.
This collaborative approach allows for the development of world-class facilities that might be too costly for a single entity to undertake, benefiting both the community and the sports franchise. More information regarding the City of Arlington's involvement in such major projects can often be found on official municipal websites, such as the City of Arlington's official site.