The Washington Commanders have released a statement about the historic deal that will relocate the team back to the RFK Campus in Washington, D.C.

The development, anchored by a roofed, 65,000-seat stadium, will be funded primarily by the Commanders, who would put up $2.7 billion, while D.C. taxpayers would pay $500 million.

The Washington Commanders came to an agreement with Washington, D.C., officials to take over the old RFK Stadium site in hopes of building a new facility there.