{"id":416713,"date":"2026-01-19T22:23:12","date_gmt":"2026-01-19T22:23:12","guid":{"rendered":"https:\/\/www.rawchili.com\/nhl\/416713\/"},"modified":"2026-01-19T22:23:12","modified_gmt":"2026-01-19T22:23:12","slug":"tampa-bay-lightning-arena-agreement-worth-up-to-358-5m-heads-to-hillsborough-county-commission","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nhl\/416713\/","title":{"rendered":"Tampa Bay Lightning arena agreement worth up to $358.5M heads to Hillsborough County Commission"},"content":{"rendered":"<p>The revised agreement is intended to secure the Lightning\u2019s long-term presence in downtown Tampa.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/eagenda.hcfl.gov\/portal\/PTL29560\/open\/OBJ7Q3748\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer nofollow\">Hillsborough County Commissioners<\/a> are scheduled to consider a $250 million agreement with the <a href=\"https:\/\/floridapolitics.com\/archives\/tag\/tampa-bay-lightning\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Tampa Bay Lightning<\/a> to expand the county\u2019s financial commitment to renovations at the <a href=\"https:\/\/www.benchmarkintlarena.com\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer nofollow\">Benchmark International Arena<\/a> (formerly known as the <a href=\"https:\/\/floridapolitics.com\/archives\/tag\/amalie-arena\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Amalie Arena<\/a>) and extend the team\u2019s lease from June 2037 to June 2043.<\/p>\n<p style=\"text-align: justify;\">The proposed agreement would raise the county\u2019s maximum renovation contribution from $108.5 million to $358.5 million, while requiring the Lightning and Tampa Bay Arena LLC to spend an additional $75 million of their own funds on arena improvements. Under the terms of the deal, the team would be required to pay for renovation work upfront before becoming eligible for county reimbursement.<\/p>\n<p style=\"text-align: justify;\">The revised agreement is intended to secure the Lightning\u2019s long-term presence in downtown Tampa and address ongoing capital needs at the more than 30-year-old county-owned arena.<\/p>\n<p style=\"text-align: justify;\">According to documents for Wednesday\u2019s Hillsborough County meeting, the county\u2019s share of the renovation costs would be financed exclusively through revenue bonds backed by the fifth-cent tourist development tax. To date, the county has paid approximately $91 million under the original arena renovation agreement first approved in 2006.<\/p>\n<p style=\"text-align: justify;\">The agreement also requires Tampa Bay Arena and the Lightning to seek additional financial support from the <a href=\"https:\/\/floridapolitics.com\/archives\/tag\/tampa\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">city of Tampa<\/a> and the state, though no commitments from either government are included in the agenda item.<\/p>\n<p><a href=\"http:\/\/www.tampaelectric.com\/reliability\" target=\"_blank\" rel=\"noopener external noreferrer nofollow\" data-wpel-link=\"external\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-717315 size-full\" src=\"https:\/\/www.rawchili.com\/nhl\/wp-content\/uploads\/2026\/01\/teco-728x90-1.jpg\" alt=\"\" width=\"728\" height=\"90\"\/><\/a><\/p>\n<p style=\"text-align: justify;\">The staff report indicates that continued investment is necessary to keep the arena competitive with newer venues and to preserve its role as a major economic driver in the Water Street and Channelside districts.<\/p>\n<p style=\"text-align: justify;\">\u201cSuch public benefits include the Arena\u2019s role as a catalyst for small and emerging businesses located in the District, a stimulus for development in the larger area around the Arena, and the host of many esteemed cultural events held in the Suncoast region of the State of Florida,\u201d staff wrote in the report.<\/p>\n","protected":false},"excerpt":{"rendered":"The revised agreement is intended to secure the Lightning\u2019s long-term presence in downtown Tampa. Hillsborough County Commissioners are&hellip;\n","protected":false},"author":2,"featured_media":416714,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5105],"tags":[5961,27417,22273,52142,52143,5,189,4,187,540,92,5168,5167],"class_list":["post-416713","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa-bay-lightning","tag-amalie-arena","tag-benchmark-international-arena","tag-city-of-tampa","tag-hillsborough-county-commission","tag-hillsborough-county-commissioners","tag-hockey","tag-lightning","tag-nhl","tag-tampa","tag-tampa-bay","tag-tampa-bay-lightning","tag-tampabay","tag-tampabaylightning"],"share_on_mastodon":{"url":"https:\/\/channels.im\/@nhl\/115924107987541116","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/posts\/416713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/comments?post=416713"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/posts\/416713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/media\/416714"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/media?parent=416713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/categories?post=416713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/tags?post=416713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}