The Commanders will reportedly pay $2.7 billion towards the $4 million project, with D.C. contributing $500 million, EventsDC adding $181 million, and another $175 million coming from "stadium activity.” Officials said that $1.147 billion will come from public funds, which is far less than other NFL stadiums currently under construction.

ESPN's John Keim first reported on Sunday that the Commanders agreed to a deal with the District of Columbia to build a new stadium where RFK Stadium still stands. The franchise played at RFK Stadium from 1961 to 1996 and won all three of its Super Bowls during that span.

Washington Commanders reveal stunning renderings for their new stadium at the historic RFK site, set to open in 2030.