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Dolphins Announce Agreement To Repay State As Part Of Stadium Modernization

By on March 28, 2013 at 11:40 am

130114_StadiumThe Dolphins and state lawmakers announced Wednesday that the organization has agreed to repay the State of Florida for its contribution to help fund the proposed Sun Life Stadium modernization plan.

As the Florida Legislature deliberates on a proposed bill that would provide $3 million a year tax rebate to help fund the modernization, Dolphins CEO Mike Dee announced the team has agreed to repay the principle balance derived from the potential rebate.

Watch the announcement below:

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