Dolphins Put in Bid For up to $90M In Tax Rebates Under Florida’s Sports Development Program

The Miami Dolphins along with the Jacksonville Jaguars, Tampa Bay Buccaneers, and Daytona Speedway, have filed applications under Florida’s Sports Development Program to recover millions each year in state tax revenue. The program, established in 2014, allows the state to distribute up to $13 million of tax revenue each year to assist in the renovation of qualified professional sports facilities in the state of Florida. In order to receive disbursements under the program, professional sports organizations must submit a proposal to the Florida Department of …

Continue Reading