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It's not over. Chargers given time to woo San Diego
don bauder Bob McNair was on the NFL Los Angeles committee and was initially in favor of the Carson project. But by far, the loudest voice in helping secure the Inglewood plan was Jerry Jones. He pushed in from day one and I have read that the compromise was his idea. What I have read is that because of the way he pushed for the Rams to Los Angeles plan, it would be difficult for him to do much to stop the Raiders, especially if reports that Mark Davis owns land in the San Antonio area where he could build a stadium are true. And without even a lease in Oakland, let alone a viable stadium plan, I can't see the league owners saying no to the Raiders relocation, if Davis decides to go that route. Also, the Raiders met with officials in San Antonio about a possible move in 2014And as far as I know, Libby Schaaf is still saying the Raiders can afford to build a new stadium in Oakland without a direct public subsidy.— January 15, 2016 8:59 a.m.
It's not over. Chargers given time to woo San Diego
don bauder The Raiders will not be going to London. If, or perhaps more accurately, when a team moves to London, I would expect it to be Jacksonville. It seems though, that perhaps San Antonio is not so far fetched: http://espn.go.com/nfl/story/_/id/14572902/red-mc…— January 15, 2016 7:54 a.m.
It's not over. Chargers given time to woo San Diego
don bauder, as I noted below, most, if not all, of the teams revenue streams will increase with a move to Los Angeles, not to mention an increase in the value of the team. It seems obvious though, that an increase in value would be less with the Chargers as a tenant as with them as an Equity partner. Perhaps I should have used the word expense instead of cost. The actual dollars might be close, but when you have a greater income to defray those dollars, then it might not be as expensive. For example, to someone with a net worth north of $7 billion, a $2 billion dollar stadium wouldn't be as expensive a s it would be to a family worth "only" $1.6 billion.— January 15, 2016 7:42 a.m.
It's not over. Chargers given time to woo San Diego
ImJustABill I'm certainly not an estate law expert, but with the Spanos kids owning 15 percent of the team each, I doubt estate taxes would have much of an impact on them. As I recall, the main purpose of transferring ownership to them was to avoid a big tax bill. With the 4 of them controlling 60 percent of the team, regardless of what mama Spanos decides to do with her 36 percent, the kids have the control.— January 15, 2016 7:31 a.m.
It's not over. Chargers given time to woo San Diego
don bauder I don't think it's just the entertainment business. Los Angeles has far more super wealthy and ultra wealthy with homes there than San Diego does, and many, if not most, have nothing with the entertainment business. Of the top 25 billionaires in Los Angeles, I would guess than less than 25% of them are in the entertainment business.— January 14, 2016 1:38 p.m.
It's not over. Chargers given time to woo San Diego
don bauder That could be. I could also be that it was just more than Spanos wants to pay.That being said, I don't see Spanos getting a new stadium in San Diego without a significant participation by the Chargers. Almost everything I have seen reported over the last 2 days says Spanos is now "seriously" considering making the move. According to Fabio, they are looking at the framework of the deal. Perhaps Spanos has decided the cost of moving to Los Angels would be less than the cost of participating in the construction of a new stadium in San Diego, possibly as soon as next season.— January 14, 2016 1:30 p.m.
It's not over. Chargers given time to woo San Diego
don bauder No typo. He knew the relocation fee was going to be $550 million. The LA committee offered to let him pay it over 10 yrs, albeit at a cost, hence the $64 million per year, in lieu of an up front payment in full. What the reporter said he was told was that Kroenke told the committee that it was no problem and would write them a check in the morning.— January 14, 2016 1:25 p.m.
It's not over. Chargers given time to woo San Diego
don bauder, As I said above, the NFL has said it will "supervise" any negotions, be it San Diego or Oakland, having to do with either team sharing the stadium with the Rams. Here's a thought. By the 2019-2020 season, the teams will each receive in excess of $300 million from the TV contracts alone. The capacity of the new stadium will be at least 80k and possibly up to 100k. This past season, the average cost of an NFL ticket was $85.83. The Chargers average was $84.55. The highest average tickets were New England at $122.00 and San Francisco at $117.00. By 2019, I simply cannot see a stadium in Los Angles not have an average price of at least $125.00, minimum. You can do the math. Even at 66,772, which is what the Chargers drew this year, that's a home team share of over $5million per game. vs the $3.3 million their share was in San Diego. I'm sure they could work out an agreement with Kroenke using the home gate as a revenue source. My point is this. An NFL team has many revenue streams. I would imagine most, if not all, of these will increase by moving into a stadium in Los Angeles. As a tenant, not an equity owner, it should be affordable. That is IF Spanos is willing to accept a smaller share of the revenue increase.— January 14, 2016 11:27 a.m.
It's not over. Chargers given time to woo San Diego
don bauder I also just heard a report that Spanos is said to be seriously considering the Los Angeles proposal. Apparently, the NFL would "supervise" the negotiations in order to make sure the Chargers get a fair deal.— January 13, 2016 2:56 p.m.
Chargers head opposed to Inglewood move
don bauder The NFL typically awards a Super Bowl to new stadiums in warm-weather cities and new domed stadiums in cold-weather cities. New Jersey was an exception, one not likely to be repeated for quite sometime. I highly doubt climate change would even be considered. That is unless the warming climate causes the ocean to rise high enough to flood Miami, Tampa or Santa Clara.— January 13, 2016 2:40 p.m.