The City of Arlington, Texas, will make its final $22.6 million payment for AT&T Stadium on Friday, officials announced.
The completion of its $325 million contribution to the stadium comes 10 years ahead of schedule.
The city said it paid about $490 million in principal, interest and fees for its contribution. By paying off the loan early, Arlington is saving $151 million in additional interest and fees.
"[Former Mayor Robert Cluck’s] foresight, and the Arlington voters’ support to invest in a world-class stadium, has created jobs, boosted our economy over the years and cemented Arlington’s reputation as a premier destination for sports and entertainment,” Mayor Jim Ross said in a statement. “The iconic AT&T Stadium has hosted an impressive list of events in its first 16 years, and