A new lease on life for NFL in L.A.?
January 27
Los Angeles Times
"The NFL is willing to consider a return to its Los Angeles roots.
Evidently, so are the San Diego Chargers.
While the league is kicking around the notion of playing the 50th Super Bowl in L.A. -- where the first one took place -- the onetime L.A. Chargers appear to be inching closer to a possible return to their birthplace.
As is always the case with the on-again, off-again saga of the NFL's flirtation with the nation's second-largest market, nothing is written in stone. In fact, it's more like murky skywriting, completely at the mercy of the fickle winds of change.
But more smoke signals came Monday when the Chargers signed a deal with Los Angeles-based Wasserman Media Group to market the franchise in L.A. and Orange County, a development that surely will be viewed by some as greasing the skids for a move north. There hasn't been a team in the L.A. area since the Raiders and Rams left after the 1994 season.
"The bottom line is Los Angeles and Orange County are two of the most lucrative markets in the world," said Mark Fabiani, the team's point man on stadium issues. "There's no NFL team in those markets, and there's no reason the Chargers can't pursue those areas in these difficult economic times."
Possible motivations aside, this much is clear: The Chargers, who have been working on a San Diego stadium solution for seven years and so far have been unsuccessful, are better positioned to move than any other NFL team.
Beginning on Super Bowl Sunday -- of all days -- the Chargers will have a three-month window in which to relocate. And, under the team's current lease terms with the city of San Diego, that window will reopen every year from this point forward. The city cannot sue the Chargers or the NFL to block a move, provided it is paid a $56-million lease-termination fee that will decrease over time.
"We're definitely a lot closer to the end of this process than the beginning," said Fabiani, adding that the club has spent $10 million to fully explore stadium options around San Diego County, most recently two sites in Chula Vista. "This is not a process that can go on forever."
At stake for the Chargers is the head start they have over other NFL franchises that also are likely to be mulling relocation. The Oakland Raiders and Minnesota Vikings, for instance, are bound to their cities through the 2011 season.
The issue in L.A. has always been, where would a relocated team play?
The latest option is Ed Roski's proposed stadium in Industry, which should have all of its approvals in place by this spring and then will receive the go-ahead from the NFL to formally approach potential tenants.
Roski wants to own part of an NFL team. That means he would have to get out of the gaming business -- he owns the Silverton hotel-casino in Las Vegas -- and restructure his offer to pay cash (and not simply trade development rights) for the piece of a franchise. That won't come cheap, considering the average valuation of an NFL club is now $1 billion, according to Forbes magazine."
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