Posted: Feb 1, 2013 1:58 PM
Source: Associated Press
BATON ROUGE- The New Orleans Saints are getting a $5 million payment from the state because the Big Easy is hosting the Super Bowl.
The incentive was included in the 2009 deal between Gov. Bobby Jindal and Saints owner Tom Benson to keep the Saints in Louisiana through 2025.
The money is owed to the NFL team by June 30. Lawmakers will be asked to budget the payment in their upcoming legislative session.
The Jindal administration says the Super Bowl payment to the Saints won't come from the state's general fund at the expense of items like health services and education programs.
Michael DiResto, a Division of Administration spokesman, says the Louisiana Stadium and Exposition District will use its income from New Orleans area hotel taxes to cover the $5 million payment.