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CHARLOTTE, N.C. -- The Carolina Panthers are staying in Charlotte for the foreseeable future.
The Charlotte City Council voted Monday night to approve a joint $800 million stadium renovation plan with the Panthers that ties the NFL team to the city for the next 20 years.
Under the policy document, the city will pay $650 million toward the renovation of Bank of America Stadium in return for Panthers owner David Tepper keeping the team in Charlotte through 2045.