City Reaches Deal With Preds On Taxes, Lease - NewsChannel5.com | Nashville News, Weather & Sports

City Reaches Deal With Preds On Taxes, Lease

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NASHVILLE, Tenn.- The city of Nashville has reached a tentative deal with the Nashville Predators that will lower the amount of taxpayer subsidies to the team.

According to the Nashville Business Journal, the Preds will take in $6.1 in Metro taxpayer money. That's about a million less than their previous deal. They do stand to get more cash in incentives.

Just this year, the state closed a loophole that allowed the Preds to collect sales tax on non-hockey events. That money now goes to the sports authority.

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