Arlington Stadium Bonds

Arlington Texas has 3 professional sports stadiums. 2 baseball stadiums, and 1 football stadiums.

How did they pay for their share of these stadiums???

Debt!!! (specifically in bonds)

I went back and pulled out all of Arlington’s stadium bond debt and stick them in a graph.

The jump from 2018 -> 2019 is when Arlington issued new bonds to pay for the new Texas Rangers stadium.

Also in fiscal year 2024, the City of Arlington had about $1.5 billion dollars in debt. So the stadium debt accounted for roughly 33% of the total Arlington debt.

References:

• Graph data comes from Arlington Texas city budgets, compiled into one csv file
• Total debt figure comes from the 2024 Budget, adding all outstanding balance from the debt tables on page 218.

Related References:

• Article declaring Arlington sold $465.4 million in bonds to pay for new Rangers stadium.
• Article declaring Arlington refinanced its Cowboys stadium debt to save ~$138 million over the lifetime of the bond.