That's according to a confidential financial document the teams are circulating among investment bankers, a copy of which was obtained by the Associated Press.
Corporate sponsors and advertisers whose logos appear on the stadium could deliver the teams $35million a year, and they expect an additional $17.5million annually from selling the rights to the arena’s name, according to the document
The teams plan to jointly finance the construction of the new stadium for about $1billion and would lease land at the Meadowlands from New Jersey Sports & Exposition Authority for $5million annually.
Under terms of the deal with the teams, the sports authority would pay $30 million for infrastructure such as utilities and sewers for the new stadium.
The state is also said to be carrying about $120million in debt on the old stadium, but will earn taxes on the construction of the new venue.
