Flooding, wildfires and storm surges could cost NFL stadiums $11 billion in cumulative losses by 2050, according to a report from climate risk analysis firm Climate X. Because stadiums are more than sports venues – functioning also as economic and community hubs – the damage could lead to significant costs, higher insurance premiums and economic disruption.
Each of the 30 stadiums is ranked by a total loss percentage that compares projected climate-related damages to the stadium's current replacement value. If a stadium worth $1 billion has a total loss percentage of 1.5% per annum, it would incur approximately $400 million in projected damages by 2050, or close to 40% of its current replacement value,
New Jersey's MetLife Stadium topped the list of most vulnerable stadiums with the potential to sustain cumulative damage exceeding $5.6 billion by 2050, or 184% of its value. Its low elevation and exposure to surface flooding and storm surges pushed it to the top of the list.
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