Sweetening the deal: FC Cincinnati to make payments to Cincinnati Public Schools
CINCINNATI (WKRC) - FC Cincinnati is making promises to the Cincinnati School Board in an effort to get a stadium built in the West End.
In addition to building a new Stargel Stadium, the team is offering to make payments to CPS that would begin at $100,000 a year and grow to a $500,000 a year starting in 2027.
In 15 years, the half-million dollar payment would be sweetened by at least a half-million based on the team's profits.
What the school board will have to decide is whether this deal is worth more than what the school district would get in property taxes if the properties were sold and developed another way.
FC Cincinnati kicks off its third season on Saturday and once again you'll be able to watch the team from the comfort of your own home.
Local 12's parent company, Sinclair Broadcast Group, is expanding coverage.
Every regular season game will be televised. Most will be on Star 64 and some will be on the CW Cincinnati.