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

City Reaches Deal With Preds On Taxes, Lease

Posted: Updated:

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.

  • Local News HeadlinesLocal NewsMore>>

  • NC5 Investigates: Economic Incentives

    UAW Drops Appeal Of Volkswagen Vote

    UAW Drops Appeal Of Volkswagen Vote

    Monday, April 21 2014 8:04 AM EDT2014-04-21 12:04:11 GMT
    The United Auto Workers has dropped its appeal of the February vote that it lost to unionize workers at Volkswagen’s plant in Chattanooga, the UAW announced Monday morning.more>>
    The United Auto Workers has dropped its appeal of the February vote that it lost to unionize workers at Volkswagen’s plant in Chattanooga, the UAW announced Monday morning.more>>
  • After Bombs, Boston Marathon Under Tight Security

    After Bombs, Boston Marathon Under Tight Security

    Monday, April 21 2014 7:53 AM EDT2014-04-21 11:53:40 GMT
    One year after a pair of homemade pressure-cooker bombs killed three people and wounded more than 260 others, turning a day of athletic triumph into one of tragedy, the Boston Marathon returns to the streets on Monday. For the 118th edition of the world's oldest annual marathon, security along the course will be tighter than ever.more>>
    One year after a pair of homemade pressure-cooker bombs killed three people and wounded more than 260 others, turning a day of athletic triumph into one of tragedy, the Boston Marathon returns to the streets on Monday. For the 118th edition of the world's oldest annual marathon, security along the course will be tighter than ever.more>>
  • Man Charged With Stealing From Seniors' Apartments

    Man Charged With Stealing From Seniors' Apartments

    Monday, April 21 2014 7:04 AM EDT2014-04-21 11:04:04 GMT
    Jackson police have charged a contract painter with stealing more than $13,000 from apartments in a senior living community. The police department in Jackson said 30-year-old Stephen Bragg has been charged with theft and aggravated burglary.more>>
    Jackson police have charged a contract painter with stealing more than $13,000 from apartments in a senior living community. The police department in Jackson said 30-year-old Stephen Bragg has been charged with theft and aggravated burglary.more>>
Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 NewsChannel 5 (WTVF-TV) and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.