Redskins Will Stay in Virginia

After much speculation about a possible move to D.C. or Maryland, the Washington Redskins have announced that they will retain their corporate headquarters in Virginia and will continue to expand and improve the training facility in Loudoun County. In addition, the Redskins will begin working with the City of Richmond to identify a suitable training camp site to hold summer practice in Richmond, starting in 2013.

The Washington Redskins are the only national sports franchise based in Virginia, and the team has a major economic impact on the Commonwealth. Recent data shows that the team supports 1,832 jobs in the state, directly and indirectly. The squad generates nearly $200 million in economic activity in Virginia and over $100 million annually in player salaries, and provides $9.8 million annually in state and local tax revenue. Expansion of the training facility is estimated to support 393 jobs during construction, while generating $52.8 million in total economic activity. The existing corporate headquarters supports, directly and indirectly, 350 jobs and provides $2.2 million in state and local tax revenue, not including the corporate income tax paid by the team. The headquarters is visited by 20,000 individuals a year who spend approximately $3.4 million on goods and services during their visits.

Virginia Governor Bob McDonnell commented on the development at a press conference  today saying, “Virginia considers the Redskins our team. The team is based here. The team trains here. The players live here. Virginians root for the Redskins on the field, and off the field the team contributes greatly to the economy and culture of the Commonwealth. Virginia is committed to keeping the Redskins right here in our state for years to come, and today we’ve taken a significant step towards accomplishing that goal. This is a positive and exciting development for football fans from Loudoun County to Richmond to Virginia Beach. It will mean more jobs in our state, and more revenue for state and local coffers. More than anything, it means Virginia will remain ‘Redskins Country.’ In the years ahead I look forward to visiting the new expanded training facility in Loudoun County, and watching the team practice right here in our state capital of Richmond.”

Bruce Allen, Executive Vice President and General Manager of The Washington Redskins, added, “During the last two years the Washington Redskins have made significant improvements to modernize FedEx Field and Redskins Park, ensuring a best-in-class game day experience for our fans and an excellent training environment for our players.  We are very pleased to continue our relationship with the Commonwealth of Virginia that my father established 41 years ago.  We are proud to call Loudoun County the home of Redskins Park.  In conjunction with the governor’s office and the City of Richmond, we also look forward to finding a great summer training camp facility in the city for both our team and our fans to enjoy.”

Governor McDonnell approved a $4 million performance-based grant to support the retention and expansion.  The City of Richmond is considering a number of locations for Redskins summer practice and will make further announcements regarding that process in the days and weeks ahead. Governor McDonnell will join Redskins officials on Aug. 4th to further celebrate today’s announcement. Details will be released closer to the date of the event.

Comments

  1. Love the Redskins, despise “The Gru” owner! FIRE DANNY!!