The Panthers are looking to decrease their yearly payments by $2.5 million annually through 2016, with a $1 million raise in 2017. The lease would also be extended by a year. Overall, the lease restructuring would cost the Panthers some additional $23 million over the life of the lease, but it would push the costs farther out.
Broward County seems inclined to move ahead with the proposal; last night officials there directed staff to work out the specific language of a deal with Sunrise Sports.
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