The stadium enhancements, including a new, bigger video screen, are in preparation for the hosting of FIFA World Cup matches and the Super Bowl in 2026.
Mayor Lisa Gillmor called the agreement a “loan shark” deal. The National Football League team had sued the City of Santa Clara because it wanted to pay lower public safety costs, and wanted the Santa Clara Stadium Authority to pay for the VIP buffet at games.
The 49ers offered to pay $3.3 million to the city’s general fund, plus $650,000 to the Santa Clara Stadium Authority, which could spare the authority an additional $8.35 million in legal fees in a protracted dispute.
The civil grand jury has been quietly investigating the stadium authority for Levi’s Stadium, home to the San Francisco 49ers and Super Bowl 50, while billionaire developers play chess for Santa Clara’s future.