GREEN BAY, WI (WTAQ-WLUK) – The Lambeau Field lease negotiations will be discussed in closed session Thursday by the board which oversees stadium operations.
The Green Bay Packers and City of Green Bay have been discussing an extension of the team’s lease at the stadium. With some stops and starts in the process, the team asked the Green Bay-Brown County Professional Football Stadium District to get involved.
It appears that will happen Thursday, as the District published an agenda calling for a closed session:
“Motion to convene in closed session pursuant to Section 19.85 (1)(e) of the Wisconsin Statutes for purposes of deliberating or negotiating the purchase of public properties, the investing public funds, or conducting other specified public business whenever competitive or bargaining reason require a closed session, to-wit; Lambeau Field Lease negotiations,” the agenda states.
City leaders have said they prefer to maintain direct negotiations with the team, and consult with the District after an agreement has been reached.
The lease for Lambeau Field between the Packers, City of Green Bay, and Green Bay/Brown County Professional Football Stadium District runs until 2032 with team options to extend another 10 years.
The Packers have said it’s important to extend the lease now so they can execute that $1.5 billion plan to keep Lambeau Field among the best stadiums in the league. They say the longer this drags on, the more costly it could be and increases the chances of asking taxpayers for money.
Comments