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File #: 25-567    Version: 1 Name:
Type: Recommendation Status: Discussion Item
File created: 3/27/2025 In control: Convention Center
On agenda: 4/22/2025 Final action:
Title: Approval of the Tourist Development Tax Sports Incentive Committee's recommendations for sports incentive funding pursuant to the terms and conditions of funding agreements between Visit Orlando and the following applicants and authorization for Visit Orlando to enter into such agreements as follows: (1) $25,000 to the Kindred Pride Foundation to be used for marketing expenses for The Pride Cup - 2025; (2) $40,000 to the Greater Orlando Sports Commission to offset bid fees for the 2026 USA Fencing October North America Cup; (3) $400,000 to the Greater Orlando Sports Commission to offset bid fees for the 2025 AAU Junior National Volleyball Championships; (4) $18,000,000 to the Greater Orlando Sports Commission to offset bid fees for a series of four World Wrestling Entertainment, Inc. and Ultimate Fighting Championship events to be held between 2026 and 2031; (5) up to $11,000,000 to Florida Citrus Sports for bid fees for the 2027 Jacksonville Jaguars Home Football Season. (Fiscal and O...
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Interoffice Memorandum

DATE: March 27, 2025

TO: Mayor Jerry L. Demings

THROUGH: N/A

FROM: Ray Walls, Deputy Director, Orange County Convention Center

CONTACT: Ray Walls

PHONE: 407-685-5684

DIVISION: Fiscal and Operational Support Division

ACTION REQUESTED:
title
Approval of the Tourist Development Tax Sports Incentive Committee's recommendations for sports incentive funding pursuant to the terms and conditions of funding agreements between Visit Orlando and the following applicants and authorization for Visit Orlando to enter into such agreements as follows: (1) $25,000 to the Kindred Pride Foundation to be used for marketing expenses for The Pride Cup - 2025; (2) $40,000 to the Greater Orlando Sports Commission to offset bid fees for the 2026 USA Fencing October North America Cup; (3) $400,000 to the Greater Orlando Sports Commission to offset bid fees for the 2025 AAU Junior National Volleyball Championships; (4) $18,000,000 to the Greater Orlando Sports Commission to offset bid fees for a series of four World Wrestling Entertainment, Inc. and Ultimate Fighting Championship events to be held between 2026 and 2031; (5) up to $11,000,000 to Florida Citrus Sports for bid fees for the 2027 Jacksonville Jaguars Home Football Season. (Fiscal and Operational Support Division)

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PROJECT: Sports Incentive Committee Funding Request

PURPOSE: On November 1, 2016, the Board authorized consolidated sports funding under the tourist development plan for incentivizing sporting events in Orange County venues. Since 2017, Visit Orlando has provided professional assistance in evaluating sports incentive funding proposals before the Tourist Development Tax Sports Incentive Committee (SIC). Sports incentive funds are held in a separate Visit Orlando account. On October 22, 2019, the Board approved a new tourism promotion agreement pursuant to which Visit Orlando now administers the evaluation of proposals and enters into funding agreements with applicants after the SI...

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