The Green Bay Packers will sell off all of their NFL team properties, including their home and training facilities, according to the team.
The sale, which is expected to be completed by the end of this month, is expected in the next two months, and the Packers are expected to break ground this summer on the $1 billion new stadium.
The stadium, which was originally designed by architect James O’Keefe, opened in 2016.
The Packers will continue to operate their training facilities in Green Bay and will keep their home stadium in the city.
“Our goal with the sale is to give fans and partners access to our stadium and the community,” Green Bay general manager Ted Thompson said in a statement.
“The sale of the team will allow us to build on what we have already achieved, and ensure that we can continue to build a stronger foundation for the future.”
The NFL said in February that it would build a new $1.8 billion stadium in Indianapolis that would open in 2020.
It has yet to finalize a long-term lease for the stadium.
Green Bay, which will host the 2020 season, is the NFLs only divisional-round opponent of the Raiders this season.
The franchise is still in negotiations with the team that owns the city of Oakland.
The Raiders have not confirmed whether they will move to Las Vegas, but the NFL said they expect to make a decision on that within the next year.
The Green Party of Wisconsin is also hoping to get a lease for a new stadium, according the Milwaukee Journal Sentinel.
The team has also said that they are interested in partnering with the state of Hawaii to host a major league baseball game.