Editor's Note: As of the 13th, the St. Louis Rams are officially packing it up and moving back west. Owner Stan Kroenke is building that $1.86 billion stadium on top of the old Hollywood Park racetrack in Inglewood -- a little more than 10 miles southwest of downtown LA. The Chargers saga, however, has yet to conclude -- they have a year to choose whether they want to join the Rams, and if Spanos ultimately chooses 'no,' the same option goes to the Raiders. Oy vey.
After 55 seasons in San Diego, the Chargers may be moving to LA, and... what's that? You would like a thorough rundown of the Chargers' "potential" (in air quotes because it's looking more and more likely to happen) bolt? One you could send to your Mom who thinks a "blitz" is a delicious fruit or cheese-filled pancake, and your college roommate who named his, uh, water pipe LaDainian Bonglinson? Your wish is our command!
December 30th was the deadline for three cities -- San Diego, Oakland, and St. Louis -- to submit their final proposals to the NFL to retain their football teams. Accordingly, Mayor Faulconer submitted his proposal to keep the Chargers in SD to the NFL, which included a pledge of $350 million in public money -- a portion of the $1.1 billion needed for the new stadium. This public money would require a vote, and the Chargers aren't into it.
The Chargers, and the NFL for that matter, have serious Fouts (see what we did there?) that the public will approve the plan. Not to mention, with the necessity of a public vote, the plan for the new stadium also isn't actionable right now -- it would require a vote later this year -- and the NFL doesn't like that.
So, instead, after trying nine times in 14 years to get the city to build them a new stadium, the Chargers have been focusing on lobbying the NFL to be allowed to move to Los Angeles.
We're good at math, so like, where would the rest of the $1.1 billion for San Diego's new stadium be coming from? Faulconer's proposal asks the Chargers to put in $362.5 million, the NFL $200 million, and the selling of personal seat licenses would bring in $187.5 million. (Exactly $1.1 billion. Thank you, phone calculator.) The stadium would be built on the old Qualcomm site with a projected completion date of 2019 (the year of the pig!).