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 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.

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.