SMG, the company that has managed EverBank Field for the past 20 years, will keep its contract to run city facilities after slashing its fee from almost $1 million to $100,000. The company signed a three-year agreement with the city, Mayor Alvin Brown announced Saturday, and will be able to earn an additional $100,000 in incentives on top of its base fee. In return, the Philadelphia-based company will give the city an open-ended $1 million grant and establish a $500,000 fund to attract and promote events at city facilities. The contract, which was signed Saturday morning, is a win for the city, the team and the company, team owner Shad Khan said. Finalizing the deal with SMG is the first step in enhancing the fans’ experience at EverBank, Khan said, with other announcements in the works. “We have to have a great game day experience and have to win on the field,†he said. “We’re working on both of those.†Source: Florida Times Union
