Arlington Mayor Jim Ross on Thursday announced that the city is “finalizing a lease extension” for the Cowboys and AT&T Stadium “to 2055.” The original lease signed in 2009 was set to expire in 2039. This extension gives AT&T Stadium “a lifespan that will last at least 46 years, as long as the Cowboys decide not to tear down and rebuild on the same site.” In the original lease, the Cowboys were “required to pay monthly rent to the city in the amount of” $166,666.67 for 360 months for a total of $60M by the end of 2039. While the details of the new lease agreement “are not yet known,” the Cowboys would pay the city $92M by the end of 2055 if the rent price remains the same (FORT WORTH STAR-TELEGRAM, 4/9).
Arlington set to finalize lease extension with Cowboys, AT&T Stadium through 2055
