Gov. McCrory: No state funds for BofA Stadium renovations - | WBTV Charlotte

Gov. McCrory: No state funds for BofA Stadium renovations


North Carolina Gov. Pat McCrory is tossing plans to secure state money for renovations to the home of the Carolina Panthers.

The Charlotte Observer reports the former Charlotte mayor said Monday that there's no state money to help offset the Carolina Panthers' stadium renovation project, estimated at between $261 and $297 million.

The team's original plan called for 62 million dollars in state aid.

Panthers president Danny Morrison says he remains optimistic the team will receive public money to help upgrade 17-year-old Bank of America Stadium.

The Panthers hope to build escalators at each entrance and a practice facility, among other things.

Morrison said in a statement Monday that he and owner Jerry Richardson met "multiple times" with state officials.

He said the officials have always been supportive of their efforts and indicated the importance of the Panthers to state and the city.

He said he hoped those assurances translate into support.

Copyright 2013 by The Associated Press. All Rights Reserved.

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