NFL Expansion Teams Will Pay $140 Million
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From Staff and Wire Reports
NFL expansion franchises will have to pay an entry fee of $140 million, Commissioner Paul Tagliabue said at a meeting of club owners in Atlanta.
A joint committee of owners decided the fee, plus interest, will be paid over six years.
Five cities are candidates for two expansion teams: Baltimore; Charlotte, N.C.; Jacksonville, Fla.; Memphis, Tenn.; and St. Louis.
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