The newly-appointed Sports Authority – tasked with doing a deep study of a proposed publicly-owned sports and entertainment stadium in East Knoxville, near the Old City – will meet for the first time on Thursday, May 20.
The meeting will be organizational in nature. The Authority will elect officers and set a schedule for its upcoming meetings.
If the proposed stadium project is determined to be financially viable and economic impact projections are independently verified, then the Sports Authority – with required City and County authorization – ultimately would finance, build and manage the stadium. If that happens, a best-case scenario calls for construction possibly beginning by fall of this year and the multi-use stadium opening for community use and events in 2023.
The stadium, if built, would be leased to Boyd Sports and the Tennessee Smokies AA Southern League baseball team.