Ticats reach 20-year agreement with city of Hamilton
HAMILTON — The Hamilton Tiger-Cats announced today that the team has reached a 20-year license agreement with the City of Hamilton for the use of Tim Hortons Field, the brand-new, world-class facility set to open this season.
The agreement, which will see the Ticats make a commitment of upwards of $30 million over the term, was approved by City council at a meeting on Wednesday night.
“The Tiger-Cats are beyond excited to enter this 20-year partnership with the City of Hamilton. We are making a significant investment, but the opportunity to play at Tim Hortons Field is transformative for our business and puts the team in position to be successful for years to come. We look forward to working with our partners at the City towards the shared vision of our community’s brand-new, world-class facility,” said Ticats caretaker Bob Young.
“We’re thrilled about this partnership with the Hamilton Tiger-Cats, which will benefit the City, our taxpayers, as well as the Ticats. The agreement mitigates risk for taxpayers and will create hundreds of new jobs. This is truly a win for both the City and the Ticats,” Hamilton Mayor Bob Bratina commented.