49ers New Stadium: Team, Santa Clara Reach Agreement With Banks On $850 Billion In Loans
The San Francisco 49ers took a sizable step towards securing their future home on Friday as they and the city of Santa Clara came to an agreement with three separate banks on $850 billion worth of loans. The three banks are Goldman Sachs, US Bank and Bank of America. The loans will pay the lion's share of the $1.02 billion required at this juncture to pay for the new stadium. Any potential cost ...