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NFL owners approve $200 million loan for 49ers stadium

"NFL owners used Super Bowl week to hand the 49ers the next best thing to a championship: $200 million in financial backing to help pay for the team's stadium in Santa Clara.

By approving one of the largest contributions to a new stadium in NFL history, the league's owners on Thursday provided the long-awaited final piece of financing for the $1 billion project.

49ers owner Jed York revealed the deal in a tweet just after the NFL owners' vote during a meeting in Indianapolis, the city hosting the Super Bowl. The NFL already indicated last year that a 68,500-seat stadium in Santa Clara would be a strong candidate to lure a Super Bowl to the Bay Area."


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