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Sunday, May 10, 2009

Arlington makes additional payout of $20 million to property owners of Cowboys Stadium land

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— Owners of the land where the new Dallas Cowboys stadium was built got payouts of an additional $20 million after having retained lawyers who contested their original offers.

Arlington initially offered a total of $60 million for the land, but now the city will pay out at least $80 million -- which is double the amount first guesstimated by Arlington based on Tarrant Appraisal District figures.

Lawyers usually get a third in something like this, right? So let's see, a third of $20 million would be, what, just shy of $7 million. Fantastic.

Posted by T.G.



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