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Mayor Donna Deegan, Jacksonville Jaguars President Mark Lamping and lead negotiator Mike Weinstein presented the details at Tuesday’s city council meeting behind the deal intended to upgrade the EverBank Stadium with a $1.4 billion makeover. The team and city will split the cost 50-50 ($625 million apiece), but Jacksonville will also spend $150 million in maintenance and upkeep, bringing Jacksonville's total to $775 million in tax dollars to renovate EverBank Stadium.