Looks like LA is a go...

[Vitamike]

350 is definitely a good chunk of money, I won't dispute that but it's only around 19% of what he's paying to get Inglewood done.

Sure, but where's the Return On Investment? As a tenant at the Riverfront stadium aka the National Car Rental field, the Rams would need to sign a 30 year lease!

It just makes no business sense when the Rams currently have the top tier stadium stipulation if their current St. Louis EJD lease were to be honored as agreed upon.

As the Inglewood landlord, Stan gets his return by building and owning the entire Entertainment Center (Which actually drives up the cost, and throws off your percentage calculation)

 

[27mtrcougar]

It's just not what some of you have been saying, and that's the point. $350M is far from not spending a dime, no?

I'm guessing 350m is probably the normal owner contribution to new stadiums. That's probably where they came up with that.

 

[Red_Chaos]

Report: Goodell calls St. Louis, S.D., Oakland stadium plans 'inadequate'

NFL commissioner Roger Goodell has reportedly determined that Oakland, San Diego and St. Louis didn't put forth feasible stadium plans to retain their respective teams.

Just days before NFL owners meet in Houston to determine the fates of relocation efforts involving theRaiders, Chargers and Rams, Goodell sent out a 48-page report to every team in the league that labels the current stadiums in Oakland, St. Louis and San Diego as "unsatisfactory and inadequate," according to the Los Angeles Times. Additionally, Goodell reportedly concluded that the cities' proposed stadium plans aren't feasible, writing that each city had "ample opportunity but did not develop their proposals sufficiently to ensure the retention of its NFL team."

Oakland hasn't formally filed a stadium proposal, San Diego's stadium plan relies on a public vote and St. Louis' proposal requires too much financial support from the league, according to Goodell.

The Raiders, Chargers and Rams filed for relocation Monday. In his report, Goodell did not recommend which team(s) should move to the L.A. area. Instead, teams will use Goodell's findings to help them reach a decision on the matter.

That's just the latest development in the NFL's relocation saga. Earlier on Saturday, CBS Sports NFL Insider Jason La Canfora reported on a potential Rams-Chargers partnership, which further complicates the picture.

 

[shopson67]

I'm guessing 350m is probably the normal owner contribution to new stadiums. That's probably where they came up with that.

What is his return on that $350M? That's like paying a non-refundable deposit on an apartment for the next 30 years. Instead, he's spending more to build and own a money-printing machine in LA.

 

[27mtrcougar]

What is his return on that $350M? That's like paying a non-refundable deposit on an apartment for the next 30 years. Instead, he's spending more to build and own a money-printing machine in LA.

I get he will make more money in LA. The point is its still wrong to move out of a city because he doesn't want to help at all with the new stadium plan. bottom line is the NFL doesn't care and wants Stans palace. he's going to spend 550m for the relocation fee and 2 billion on the stadium. so he's starting 2.5 billion in the hole vs 350m with a new stadium here. thats a lot of money to make up.

 

[shopson67]

I get he will make more money in LA. The point is its still wrong to move out of a city because he doesn't want to help at all with the new stadium plan. bottom line is the NFL doesn't care and wants Stans palace. he's going to spend 550m for the relocation fee and 2 billion on the stadium. so he's starting 2.5 billion in the hole vs 350m with a new stadium here. thats a lot of money to make up.

You have to spend money to make money. He's not going to make money in St Louis. St Louis had their chances over the years, but instead let the lease lapse into year-year status. They dropped the ball.

 

[27mtrcougar]

You have to spend money to make money. He's not going to make money in St Louis. St Louis had their chances over the years, but instead let the lease lapse into year-year status. They dropped the ball.

Thats BS. He makes a ton of money here!! Don't act like he's going broke here LOL! The value of the team has increase since he bought them. How much money does he need? its just a power trip and to move a few spots up on the fortune 400 lists. You have to remember the 1000's of people this will effect in the area just so he can have more.

 

[shopson67]

Thats BS. He makes a ton of money here!! Don't act like he's going broke here LOL! The value of the team has increase since he bought them. How much money does he need? its just a power trip and to move a few spots up on the fortune 400 lists. You have to remember the 1000's of people this will effect in the area just so he can have more.

You can't possibly believe that he makes enough money in STL compared to what he can make with his complex in Inglewood. Would you stay at a job that makes enough money to get by when you have the start-up capital available to start your own company and make money hand over fist?

 

[27mtrcougar]

You can't possibly believe that he makes enough money in STL compared to what he can make with his complex in Inglewood. Would you stay at a job that makes enough money to get by when you have the start-up capital available to start your own company and make money hand over fist?

He's worth $8 billion. I think he's got enough to get by. his wife is worth another 8 billion. My point is the NFL guidelines about teams relocating is just BS they will twist it however they need to to get what they want. Now if they were actually losing money here I could understand that but they're making money here handover fist too. I'm actually starting to think he needs a partner.. they said that Inglewood stadium now will probably be over $2 billion. Not counting the $550 million relocation fee. Like I said that's 25% of his worth. That's a lot of money to make up.

 

[Vitamike]

Now if they were actually losing money here I could understand that

Why?

As you say he's got Billions, so why should it matter if he lost a few million?

I mean, if he's has soooo much money, why should it matter either way?

You see I used the 'blue' sarcastic font, right?

And you know why, because it matters.

It matters both ways and you know it's true!

 

[Battlelyon]

Consensus builds for Rams-Chargers in Inglewood

Two franchises could be paired in what one owner calls a "transformational" project

By Sam Farmer and Nathan Fenno, Los Angeles Times | 12:43 p.m. Jan. 11, 2016

On the brink of a vote that could return the NFL to Los Angeles, a consensus is building within the league for the St. Louis Rams and San Diego Chargers to share a stadium in Inglewood.

Multiple league officials and owners not involved with the Inglewood project, or the competing proposal in Carson, say there is momentum to pair the two franchises in what one owner describes as a "transformational" project backed by the Rams.

The Chargers and Oakland Raiders want to build a stadium in Carson, and to this point, Chargers owner Dean Spanos has stood by his partnership with Raiders owner Mark Davis.

The league insiders, who spoke on the condition they not be identified because of the sensitivity of the matter, say Spanos doesn't want to be seen as turning his back on a partner. This makes the path to what is emerging as the preferred pairing more difficult. But the insiders believe the matter can be resolved during the special meeting that starts Tuesday in Houston, where owners hope to find an answer to the two-decade L.A. vacancy.

One influential owner whose preference has not been apparent in public or private, touted Inglewood over Carson, saying "the deals aren't even close."

In the past week, there has been a flurry of behind-the-scenes activity among owners and NFL staff in an attempt to clear the way for a decision to be made at these meetings.

It is extremely rare for the NFL to devote a full day to a single topic, much less two days in the middle of the playoffs. It underscores how determined the NFL owners and Commissioner Roger Goodell are to reach an accord that would bring professional football back to the country's second-largest market.

It is widely thought that the L.A decision will help define the legacy of Goodell, and shape the financial future for a league that generates $10 billion in annual revenue.

All three teams want to relocate to L.A. for the 2016 season, meaning time is of the essence to move their franchises and begin selling tickets.

Although the general meetings start Tuesday, the Los Angeles committee is convening Monday.

There's a sense that most owners want the Chargers and Rams in Inglewood, but aren't sure of the best way to make it happen. The idea of the Raiders returning to L.A. is not popular among many owners.

One owner said that the NFL has to realize that "we just can't solve all three stadium problems in one fell swoop."

It would mean striking a bargain that keeps the Raiders out of L.A. but doesn't leave them empty handed. Such a maneuver could mean that the Raiders return to Oakland in the short term, but can explore relocating to other cities, among them San Diego, St. Louis or joining the San Francisco 49ers in their new stadium in Santa Clara.

There is some sentiment among owners that the L.A. matter should be determined by secret ballot to avoid the awkwardness of league partners voting against partners. A secret vote -- now used only for the selection of a commissioner or awarding a Super Bowl to a city -- would need the approval of 17 of the league's 32 owners, a simple majority.

The idea of putting the Chargers and Rams in Inglewood has been floated for months and was formally proposed last week by Dallas Cowboys owner Jerry Jones in a one-page letter to Goodell.

There's a belief among some owners and league executives that Spanos would be willing to make a deal with Rams owner Stan Kroenke to share Inglewood if it were a 50-50 partnership that wouldn't put the Chargers at an economic disadvantage.

When news of Jones' letter became public late Saturday, Mark Fabiani, the Chargers' point man on stadium issues, reached out to The Times and asked that a December letter Spanos sent the L.A. committee be referenced. The two-paragraph letter rejected Kroenke's offer to partner with a second team in his planned Inglewood stadium.

"Nothing in Stan's letter gives me any reason to reconsider my partnership with Mark Davis and our chosen stadium site," Spanos wrote.

The one thing everyone can agree upon is that this is a very fluid process and plans can shift very quickly.

Three-quarters of owners must approve any franchise relocation. It's believed both projects have the nine votes to block the other, although that could be shifting in favor of the Rams after last week's meetings of the finance, stadium and L.A. committees at league headquarters in New York.

It's unclear if the six-owner L.A. committee will recommend a stadium plan or whether such an endorsement would be unanimous. Two members of that committee, Carolina Panthers owner Jerry Richardson and Houston Texans owner Bob McNair, have made it clear in public that they favor the Carson plan.

Though the cost of the Inglewood stadium proposed by Kroenke has been publicly estimated at $1.86 billion, the league insiders say the cost likely would significantly exceed $2 billion. That would make it the most expensive venue in U.S. sports history. At 3 million square feet -- including identical locker rooms, office space and owner's suites for two teams -- it would also be the NFL's largest stadium.

The project would be the centerpiece of a 298-acre entertainment, retail and housing development, something one owner called an "NFL Disney World."

According to the relocation application the Rams submitted to the league last week, the stadium would be ready for the 2019 season.

Disney Chairman and CEO Robert Iger, who would oversee the Carson proposal if it is approved and have the opportunity for a minority ownership stake in the Chargers or Raiders, is expected to make a presentation to owners in Houston.

On Saturday, Goodell sent a 48-page report to all franchises saying that the three home markets -- Oakland, San Diego and St. Louis -- failed to produce viable stadium plans.

In the report, which did not make any recommendations, Goodell said market research supports the conclusion that L.A. is capable of being a two-team market.

Though the L.A. Memorial Coliseum has expressed a willingness to temporarily host one NFL team starting next season, it's unclear where a second team would play. USC's lease to operate the Coliseum would need to be amended to allow two NFL teams.

Last summer, the Rose Bowl Bowl Operating Co. declined to respond to the NFL's request for a proposal to temporarily host a team.

League officials, who have also looked at Angel Stadium, Dodger Stadium and the 27,000-seat StubHub Center, say they aren't concerned about finding temporary homes for two L.A. teams.

 

[LongtimeRamsFan42]

Consensus builds for Rams-Chargers in Inglewood

Two franchises could be paired in what one owner calls a "transformational" project

By Sam Farmer and Nathan Fenno, Los Angeles Times | 12:43 p.m. Jan. 11, 2016

On the brink of a vote that could return the NFL to Los Angeles, a consensus is building within the league for the St. Louis Rams and San Diego Chargers to share a stadium in Inglewood.

Multiple league officials and owners not involved with the Inglewood project, or the competing proposal in Carson, say there is momentum to pair the two franchises in what one owner describes as a "transformational" project backed by the Rams.

The Chargers and Oakland Raiders want to build a stadium in Carson, and to this point, Chargers owner Dean Spanos has stood by his partnership with Raiders owner Mark Davis.

The league insiders, who spoke on the condition they not be identified because of the sensitivity of the matter, say Spanos doesn't want to be seen as turning his back on a partner. This makes the path to what is emerging as the preferred pairing more difficult. But the insiders believe the matter can be resolved during the special meeting that starts Tuesday in Houston, where owners hope to find an answer to the two-decade L.A. vacancy.

One influential owner whose preference has not been apparent in public or private, touted Inglewood over Carson, saying "the deals aren't even close."

In the past week, there has been a flurry of behind-the-scenes activity among owners and NFL staff in an attempt to clear the way for a decision to be made at these meetings.

It is extremely rare for the NFL to devote a full day to a single topic, much less two days in the middle of the playoffs. It underscores how determined the NFL owners and Commissioner Roger Goodell are to reach an accord that would bring professional football back to the country's second-largest market.

It is widely thought that the L.A decision will help define the legacy of Goodell, and shape the financial future for a league that generates $10 billion in annual revenue.

All three teams want to relocate to L.A. for the 2016 season, meaning time is of the essence to move their franchises and begin selling tickets.

Although the general meetings start Tuesday, the Los Angeles committee is convening Monday.

There's a sense that most owners want the Chargers and Rams in Inglewood, but aren't sure of the best way to make it happen. The idea of the Raiders returning to L.A. is not popular among many owners.

One owner said that the NFL has to realize that "we just can't solve all three stadium problems in one fell swoop."

It would mean striking a bargain that keeps the Raiders out of L.A. but doesn't leave them empty handed. Such a maneuver could mean that the Raiders return to Oakland in the short term, but can explore relocating to other cities, among them San Diego, St. Louis or joining the San Francisco 49ers in their new stadium in Santa Clara.

There is some sentiment among owners that the L.A. matter should be determined by secret ballot to avoid the awkwardness of league partners voting against partners. A secret vote -- now used only for the selection of a commissioner or awarding a Super Bowl to a city -- would need the approval of 17 of the league's 32 owners, a simple majority.

The idea of putting the Chargers and Rams in Inglewood has been floated for months and was formally proposed last week by Dallas Cowboys owner Jerry Jones in a one-page letter to Goodell.

There's a belief among some owners and league executives that Spanos would be willing to make a deal with Rams owner Stan Kroenke to share Inglewood if it were a 50-50 partnership that wouldn't put the Chargers at an economic disadvantage.

When news of Jones' letter became public late Saturday, Mark Fabiani, the Chargers' point man on stadium issues, reached out to The Times and asked that a December letter Spanos sent the L.A. committee be referenced. The two-paragraph letter rejected Kroenke's offer to partner with a second team in his planned Inglewood stadium.

"Nothing in Stan's letter gives me any reason to reconsider my partnership with Mark Davis and our chosen stadium site," Spanos wrote.

The one thing everyone can agree upon is that this is a very fluid process and plans can shift very quickly.

Three-quarters of owners must approve any franchise relocation. It's believed both projects have the nine votes to block the other, although that could be shifting in favor of the Rams after last week's meetings of the finance, stadium and L.A. committees at league headquarters in New York.

It's unclear if the six-owner L.A. committee will recommend a stadium plan or whether such an endorsement would be unanimous. Two members of that committee, Carolina Panthers owner Jerry Richardson and Houston Texans owner Bob McNair, have made it clear in public that they favor the Carson plan.

Though the cost of the Inglewood stadium proposed by Kroenke has been publicly estimated at $1.86 billion, the league insiders say the cost likely would significantly exceed $2 billion. That would make it the most expensive venue in U.S. sports history. At 3 million square feet -- including identical locker rooms, office space and owner's suites for two teams -- it would also be the NFL's largest stadium.

The project would be the centerpiece of a 298-acre entertainment, retail and housing development, something one owner called an "NFL Disney World."

According to the relocation application the Rams submitted to the league last week, the stadium would be ready for the 2019 season.

Disney Chairman and CEO Robert Iger, who would oversee the Carson proposal if it is approved and have the opportunity for a minority ownership stake in the Chargers or Raiders, is expected to make a presentation to owners in Houston.

On Saturday, Goodell sent a 48-page report to all franchises saying that the three home markets -- Oakland, San Diego and St. Louis -- failed to produce viable stadium plans.

In the report, which did not make any recommendations, Goodell said market research supports the conclusion that L.A. is capable of being a two-team market.

Though the L.A. Memorial Coliseum has expressed a willingness to temporarily host one NFL team starting next season, it's unclear where a second team would play. USC's lease to operate the Coliseum would need to be amended to allow two NFL teams.

Last summer, the Rose Bowl Bowl Operating Co. declined to respond to the NFL's request for a proposal to temporarily host a team.

League officials, who have also looked at Angel Stadium, Dodger Stadium and the 27,000-seat StubHub Center, say they aren't concerned about finding temporary homes for two L.A. teams.

The Rams and Chargers teaming up in Inglewood has always been the most realistic conclusion and what i've always thought would happen. Stan will rake in tons of money and the Rams and Chargers have the new stadium both need...It's win-win

 

[Vitamike]

The Rams and Chargers teaming up in Inglewood has always been the most realistic conclusion and what i've always thought would happen. Stan will rake in tons of money and the Rams and Chargers have the new stadium both need...It's win-win

Something I outlined in my 'Crystal Ball' scenario.

It would be interesting if the Raiders would continue talks with San Diego with the June ballot proposal. I don't doubt that another option to my Mexico City 'Crystal Ball' scenario.

Still could see all that happening.

Just don't know how this whole 50/50 deal between Spanos and Kroenke will pencil out.

I knew all along that Spanos was just positioning himself to make his 'best' deal with Stan.

He better be careful, or he may find himself on the outside looking in if Davis gets catches some steam with NFL owners and his pursuit of a sweet heart deal with Stan in Inglewood.

 

[LongtimeRamsFan42]

Something I outlined in my 'Crystal Ball' scenario.

It would be interesting if the Raiders would continue talks with San Diego with the June ballot proposal. I don't doubt that another option to my Mexico City 'Crystal Ball' scenario.

Still could see all that happening.

Just don't know how this whole 50/50 deal between Spanos and Kroenke will pencil out.

I knew all along that Spanos was just positioning himself to make his 'best' deal with Stan.

He better be careful, or he may find himself on the outside looking in if Davis gets catches some steam with NFL owners and his pursuit of a sweet heart deal with Stan in Inglewood.

I don't see how it could be 50/50 since Stan is putting up the 2 billion to build it. I think the other owners will bring Spanos back down to earth...

 

[UnrealTerm04]

Sure, but where's the Return On Investment? As a tenant at the Riverfront stadium aka the National Car Rental field, the Rams would need to sign a 30 year lease!

It just makes no business sense when the Rams currently have the top tier stadium stipulation if their current St. Louis EJD lease were to be honored as agreed upon.

As the Inglewood landlord, Stan gets his return by building and owning the entire Entertainment Center (Which actually drives up the cost, and throws off your percentage calculation)

Is NFL guilty of bait and switch with St. Louis?

The naming rights to the stadium will bring in an additional $4 million a year, the CVC receives the revenue from Edward Jones from the Dome. Plus the Rams would receive all revenue from events. I even believe the Rams would receive profits from parking which they currently do not. And the Rams lease would be much less than the Vikings.

The profits are there.

 

[Rambunctious]

Spanos on L.A. proposals: Whatever owners decide, we’ll abide

Spanos on L.A. proposals: Whatever owners decide, we’ll abide

 

[Rambunctious]

http://abc7.com/sports/hundreds-rally-outside-la-memorial-coliseum-to-bring-rams-back/1152995/

 

[Vitamike]

Is NFL guilty of bait and switch with St. Louis?

The naming rights to the stadium will bring in an additional $4 million a year, the CVC receives the revenue from Edward Jones from the Dome. Plus the Rams would receive all revenue from events. I even believe the Rams would receive profits from parking which they currently do not. And the Rams lease would be much less than the Vikings.

The profits are there.

How can you ignore this ShaneC?

"The State, City and RSA believe that they have all necessary authority in connection with the public funding. Nonetheless, nearly three-fourths of the Missouri General Assembly members have publicly expressed their opposition, arguing that such public funding should be approved by the legislature or by public vote.

Also, a 30 year lease with no financial provisions to upgrade the stadium for 30 years?

Lastly, bonds for construction of the EJD are still being paid through 2021 with Missouri paying $12 million/year and St. Louis City and St. Louis County paying $6 million/year each. Dude, that's $f12M per year without the vote of the people!!!

Haven't the people of St. Louis, who were not in support of the initial EJD been raked through the coals long enough without a vote going to the people?

 

[LongtimeRamsFan42]

Spanos on L.A. proposals: Whatever owners decide, we’ll abide

Spanos on L.A. proposals: Whatever owners decide, we’ll abide

Well there you have it, i'm guessing it's pretty much a done deal...The Rams/Chargers deal must have the votes to go through and he knows it...

 

[GNG]

This. There's a buzz in Inglewood about all this....people are getting excited. And it's going to mean a lot of jobs....

LA fans only show excitement if their team is a winner otherwise they won't buy tickets.