NFL owners set for another round of LA relocation talks
In 2012, the city and county entered into a series of exclusive negotiating agreements with different real estate developers and consultants.
All three teams would clearly rather start packing for Los Angeles. While the teams are in the bottom half of the league when ranked by value, they are all profitable thanks to ample television revenue.
To relocate, a team needs approval from 24 of the league’s 32 owners and a resolution could come as soon as the January 12-13 NFL owners meetings in Houston.
The Chargers and Raiders meanwhile have tabled a proposal to cohabit in a new $1.75 billion stadium in the south Los Angeles suburb of Carson. The St. Louis Rams are promoting a $1.86-billion project in Inglewood that includes a stadium and surrounding developments promising to be an entertainment hub. The Rams said they would build a domed stadium in Inglewood, California, that could accommodate a second team, while the Chargers and the Raiders, if allowed, plan to build an outdoor stadium together in Carson.
A decision can’t be made without a vote.
The proposal by Jones, a longtime Kroenke ally, was outlined in a memo sent to teams on Friday.
That could mean a negotiated compromise is on the horizon.
Frustrated at failing to get a new stadium in Los Angeles, Frontiere moved the team to her hometown of St. Louis in 1995, which had lost its Cardinals football team in a move to Arizona in 1988.
According to Cole, Davis owns land between San Antonio and Dallas and, if he has to, will use it as leverage against Oakland to get a stadium built.
Oakland was in no position to prevent the Raiders from meeting relocation deadlines with an actionable stadium proposal. The Chargers believe passage is unlikely, but that would give San Diego one final chance to keep the team.
San Diego was the first city to fire back.
In St. Louis, a group led by Gov. Jay Nixon has proposed building a $1.1 billion stadium, 40 percent of which would be paid for with public money.
Q:What if neither plan has enough votes?
The franchise is also hindered, Raiders officials said, by lease that makes the club the “secondary tenant” to Major League Baseball’s Athletics at the stadium.
On the heels of National Football League commissioner Roger Goodell’s report on plans to keep the Rams, Raiders and Chargers in their home cities all being inadequate, the general assumption is that National Football League owners will grant the wishes of one or two teams to relocate to Los Angeles.
Goodell didn’t make a recommendation on Carson or Inglewood but said that both options are viable.
All three teams have history and fan support in the city, and the franchises are eager to capitalize on the theoretically boundless wealth and attention to be found under Hollywood’s bright lights.
Another person familiar with the league’s L.A. discussions expressed similar views about the owners’ support for the Chargers and their chairman, Dean Spanos.
Whether that perception prevents the Raiders from moving remains uncertain. They tried it once before and it did not work out for many reasons.