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Charlotte, NC (Sports Network) - Charlotte's city council voted unanimously Monday night to approve an agreement to provide $87.5 million for upgrades to Bank of America Stadium in exchange for a commitment to keep the team in Charlotte for at least another six years.

According to the Charlotte Observer, the Panthers will contribute $37.5 million to the renovations that will include escalators, new video and ribbon boards and other improvements to the 17-year-old stadium.

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