The inevitable return of pro football to Los Angeles (L.A.) has been given a boost after talks of San Diego working out a new deal with the Chargers are ‘all but abandoned’.
The San Diego Union-Tribute reported that local politicians have ceased hopes on working out a new deal with the AFC West team in 2015, as talks are ‘all but abandoned’.
The officials in San Diego do want the team to stay in the city, and they have put a good case forward. City Attorney Jan Goldsmith said of the NFL: “If they want an NFL franchise in the eighth-largest city in the nation, this is the time they make the decision.
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“We have demonstrated we can meet their earliest timeframes.”
It’s the plans of a new stadium that aren’t the most attractive. 33 per cent of the $1.1 billion Mission Valley Stadium is to be publicly funded. $750 million from the Chargers and the NFL would only receive a sound of laughter, so there was no way they were accepting those proposals.
The average public contribution towards the latest NFL stadiums is 48 per cent, so expect the Chargers to wait until it’s in this ball park before moving forward. The likelihood of that happening though is minimal due to the financial differences between the two sides.
Chargers stadium point man Mark Fabiani released a statement saying: “Both history and current polling show it will be extraordinarily difficult to persuade voters to devote hundreds of millions of General Fund tax dollars to a stadium, but in the end any funding plan is going to be dragged down into the quicksand of the City's legally inadequate environmental review process – a process that will be bogged down in court for years before it is eventually declared illegal.”
There you have it, talks between San Diego and the Chargers are pretty much over. It’s not the talks of ‘if’ but the talks of ‘when’ will the team move to L.A.
Both the Chargers and San Diego have to resume talks within the next two weeks as a financial term sheet has to be submitted to the City Council by September 11, but the NFL team isn’t likely to do so as they aren’t required to.
It’s a no brainer really. L.A. or San Diego? A load more money is available in L.A. It has too many riches that the Chargers would be idiots not to exploit.
They will be able to get a better offer from the taxpayer as well for stadium contribution. However, a new stadium probably won’t be built unless two teams move to L.A. It at least makes it easier on the team's contribution to the new stadium as well, but that means teaming up with the Oakland Raiders.
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