A new agreement has been reached that will see Port Adelaide earn a greater share of revenue generated by its home game days and inventory sales at the Adelaide Oval in 2015 and beyond.
The model agreed to at the Oval on Tuesday will see Port Adelaide gain an extra $1.5 million uplift in revenue from Power game days, increasing to $2 million in 2016 and 2017.
Importantly, the new deal will see Port Adelaide have the opportunity to earn greater revenue through driving higher attendances.
Port Adelaide had one of the AFL's highest home game attendance averages in 2015, including posting two South Australian AFL attendance records.
Included in the deal with both the Power and Crows is the provision by the SANFL of additional reserved seating income and corporate inventory opportunities and incentives for playing home finals at the venue.
Port Adelaide chief executive Keith Thomas explained to portadelaidefc.com.au the new stadium deal will provide the Power with an even greater financial benefit in 2015.
"Under the original Adelaide Oval financial model, Port Adelaide had a $4.3 million uplift in 2014, compared to the previous model at AAMI Stadium," Thomas said.
"If we maintain our 2014 attendances and corporate uptake at the Adelaide Oval, we will benefit from a further $1.5 million uplift in 2015 and $2 million in 2016 and 2017."