SMG, the company that runs EverBank Field, has issued a new proposal for the city to manage its sports facilities, along with the Times-Union Center for the Performing Arts and the Prime Osborn Convention Center.
SMG says it will run the facilities for $150,000 per year for five years. It also guarantees $8.5 million to the city in food service profits over the term.
The competing bid is from Global Spectrum. Its bid is $300,000 per year for four years and nine months, with yearly incentives fees that could earn the company an additional $300,000.
Global says it will also invest $1.5 million in capital investment, which could lead to a new scoreboard at EverBank Field.
SMG has managed Jacksonville's facilities for 20 years.
The Jaguars want to keep SMG as the managing company.
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