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 Commanders will put up $2.7 billion for the development, anchored by a roofed, 65,000-seat stadium, while cost for D.C. taxpayers is expected to top $1 billion.

The Commanders and Mayor Muriel Bowser announced their deal Monday to construct a new home for the football team in the city at the site the old RFK Stadium, the place the franchise called home for more than three decades. It would open in 2030, with groundbreaking expected next year, pending D.C. City Council approval.