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Originally Posted by jspchief
No stadium. Who's going to pay for that? The league?
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Ellison, the Oracle founder and worth about $187 Billion.
In 2004 this was hot news. Google search brings this stuff back
the flamboyant billionaire is eyeing the Los Angeles area. The NFL is interested in getting a team in Los Angeles by 2008, the organization has said. The Southern California city once had two NFL teams, but it has none today since the Raiders moved upstate to Oakland and the Rams to St. Louis about a decade ago. "Right now I think the biggest opportunity in sports, in new sports franchises, is in Los Angeles," Ellison said. The Oracle chief did not provide any further details about his team ownership ambitions during the shareholder meeting.
The San Francisco Chronicle earlier this month reported that Ellison met with NFL officials to discuss plans for Los Angeles. The newspaper also said that some NFL owners are concerned about the decline of the 49ers -- on the field and in fan interest -- under the Yorks.
Ellison is the world's 12th-richest man, with a net worth of $18.7 billion, according to Forbes magazine. Ellison is known for his passion for sailing, fast cars and airplanes, as well as his constant readiness to bad-mouth Oracle's competition.
Another one:
http://informationweek.com/story/sho...cleID=50500136
Apparently, Larry Ellison--who may be looking for new competitive outlets as his battle with PeopleSoft Inc. winds down--has a different definition of fantasy football than the rest of us. Quoting unnamed sources, the
Los Angeles Times has reported that the Oracle CEO has had preliminary talks with the National Football League about using his riches to bring football back to Los Angeles by purchasing an existing team and moving it to Southern California, which has been without a team since 1995.