NFL Gives San Diego Second Chance To Keep The Chargers

Qualcomm Stadium In San Diego

NFL owners met for several hours yesterday at a hotel near Dallas. The outcome was an agreement to give San Diego a second chance to keep the Chargers in San Diego. NFL commissioner Roger Goodell and the owners agreed to continue to work with San Diego, but said it is up to city officials to come up with a firm, actionable plan that the league and Chargers believe has a chance for success. Pictured is Qualcomm Stadium, which the Chargers want replaced.

Goodall and NFL owners prefer the Chargers remain in San Diego, but they said the city hasn’t been playing ball. Houston Texans owner Bob McNair told the San Diego Union-Tribune the owners are waiting to see if the city will come up with something, but remains skeptical. McNair’s statement was the most hopeful among owners at the gathering. Chargers chairman Dean Spanos reiterated his former statement that he will not make a decision whether to stay or go until after New Year’s Day.

Meanwhile, the owners formally ratified the final lease agreement the Chargers and Rams had principally agreed to in January. The agreement would make the Chargers a revenue-sharing tenant at the new Inglewood stadium when it opens in 2019 if the Chargers decide to move to Los Angeles. Spanos has until Jan. 15, 2017, to make a decision. [SDUT]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Diego Newsletters
Related Stories

DivcoWest Sells Glendale Office Building For $70M

Daniel Negari Buys Downtown LA Hotel For $34M

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

California Emerging As Data Center Fallback Market Amid Nationwide Opposition

Chapman Market Owners Get $29M Refinance: The Los Angeles Deal Sheet

Lineage Suing Solar Company Altus Power Over Boyle Heights Warehouse Fire

HPP, Blackstone Nab Extension On $1.1B Loan Tied To 2.2M SF Hollywood Portfolio

MBK Sells Anaheim Apartments To TA Realty For $147M

Landmark Properties Opens Student Housing Project: The Los Angeles Deal Sheet

Angels Sale To Stan Kroenke Reopens Land Deal Possibilities With City Of Anaheim

New Bills Promise Contingency Funds, Higher Fines For Cold Storage Facilities

Lenders Warm Up, Lawmakers Step In: Modular Construction Picks Up In SoCal