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Old 09-28-2012, 07:34 PM  
TinyEvel TinyEvel is offline
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Los Angeles City Council approves NFL Stadium

http://www.nfl.com/news/story/0ap100...headline_stack

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LOS ANGELES -- Los Angeles took a major step Friday toward building a downtown stadium to lure an NFL team back to the nation's second most populous city, despite questions about how a 72,000-seat venue in the city's urban core would impact notorious freeway traffic, nearby housing prices and air quality.


The 12-0 vote by City Council came after starkly contrasting predictions about what the $1.5 billion project would mean for an economically troubled city that has fretted over the loss of professional football since the Raiders and Rams fled Southern California in 1994.

Supporters said the deal with developer Anschutz Entertainment Group would create thousands of jobs, a hub of civic pride and new tax dollars for cash-starved City Hall, while critics warned that affordable housing would vanish in the neighborhood while traffic would come to a virtual standstill on game days.

Mayor Antonio Villaraigosa said in a statement after the vote that it demonstrates "what we can accomplish when the city family joins together with private partners in a transformational development."

"This is truly a game changer for Los Angeles," Villaraigosa said.

The vote was overshadowed by the recent announcement that AEG was seeking a new owner, though company officials have assured City Hall the stadium plan will remain the same, even if the company changes hands.

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The biggest question about the stadium is the most obvious: There's no one to play in it. But the Democratic mayor and other supporters hope the agreement will eventually attract a team - or two - to one of the nation's most lucrative media markets.

AEG, also the owner of Los Angeles' Staples Center arena and the NHL's Los Angeles Kings, has deep ties to City Hall. Any deal to buy the company, a subsidiary of Denver-based Anschutz Co., would mean a major shift in sports and entertainment in the region and around the world.

AEG's holdings include pro soccer's Los Angeles Galaxy, part-ownership of the NBA's Los Angeles Lakers, and major entertainment and real estate holdings in downtown Los Angeles. Outside the city, AEG owns Major League Soccer's Houston Dynamo and all or part of several arenas around the U.S. and in Sweden, China and Australia.

The project, which calls for the renovation of an adjacent convention center, is facing a lawsuit filed by anti-poverty and environmental activists that some predict could delay or derail plans for the stadium, known as Farmers Field. The activist group, Play Fair at Farmers Field Coalition, is challenging a state law intended to help swiftly resolve legal challenges to the stadium, and it also wants AEG to pay $60 million toward affordable housing in the long-struggling downtown neighborhood.

There are some risky assumptions. In a city where everyone drives, planners predict many fans will leave their vehicles at home and travel to the stadium by bus or rail.

A rival group, Majestic Realty, has proposed building a stadium in the City of Industry, outside Los Angeles.

AEG is hoping to have an NFL team on the field by the 2017 season. The company has pledged about $35 million to reduce traffic problems.
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Old 07-25-2013, 02:02 AM   #166
BryanBusby BryanBusby is offline
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Doesn't matter Roger Goodell is going have it as our first NFFL team. National Flag Football team. The O-line will still block but the linebackers have to count to 5 before they blitz the quarterback and can only waive their hands in the air to swat the ball down.
Ya brah, just put em in skirts

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Old 07-25-2013, 07:25 AM   #167
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Wanna know whats really sad, that the Raiders have had double digit losses every year since 2004. Here is the kicker, since 2002, the Raiders have had more post season wins then we have had in the last 43 years. How about that for a kick in the balls.
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Old 07-25-2013, 07:28 AM   #168
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Plus let's be honest most people in CA wouldn't know good BBQ if it was sucking their dick. Besides who would tailgate with wine?????
Hey man, if you bring it to a tailgate in KC, chances are it will get drank at some point.
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Old 07-25-2013, 07:46 AM   #169
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**** it, I don't want a team anyways
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Old 07-25-2013, 07:57 AM   #170
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AEG founder Phil Anschutz is talking to Mark Davis about buying the Raiders. If he is successful, he'll move the team to LA. But he's lowballing Davis who don't wanna sell.
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Old 07-25-2013, 09:46 AM   #171
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So, LA is looking to get what will be the 4th team that will eventually move away from LA?
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Old 07-25-2013, 09:53 AM   #172
Aries Walker Aries Walker is offline
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Well, sort of the third, sort of the fourth, depending on how you count. They'll be the Grover Cleveland of city abandonments.
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Old 07-25-2013, 10:04 AM   #173
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Plus let's be honest most people in CA wouldn't know good BBQ if it was sucking their dick. Besides who would tailgate with wine?????
Lol you're clueless.
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Old 07-25-2013, 10:11 AM   #174
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Lol you're clueless.
phils is shit
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Old 07-25-2013, 11:01 AM   #175
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The Los Angeles Jaguars


Maybe they will change their name to the LA Stars or someother gay name, God I hope so
No way. Jags are going to London. If it was ever a question before, it was sealed when their owner also purchased a soccer team in London.

Just sound right too. The London Jaguars.
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Old 07-25-2013, 11:41 AM   #176
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I don't think either location is going to work because of the finances. The NFL and the developer (Roski or AEG) want to take all of the increase in the value that the team will realize upon moving.

Let's say the Chargers are worth $800m in SD. If they move to LA their value goes up to $1.5b. The NFL wants a $500m relocation fee and the developer wants to buy in at a discount of $200m. At the end of the day Spanos owns a $800m portion of the Chargers.

Spanos is saying I will keep my $800m equity level in the Chargers. Sooner or later the city will combine a convention center with a new football stadium that the taxpayers will pay for and his equity rises to $1.1b and complete control of the team. SD is a corrupt city.


LA is a great bargaining chip to make other cities pay up. I hope the Rams and the Chargers move to the City of Industry. I don't think it will happen until the NFL drops the relo fee.
San Diego is not any closer to getting a new stadium built than they were 10 years ago. There is no talk about a new stadium and there is no way that the taxpayers here will approve a new stadium. San Diego is to busy dealing with their crazy psycho mayor right now. The Chargers are doomed to playing in that Sh*thole call Qualcomm until it falls down.
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Old 07-25-2013, 12:09 PM   #177
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Anschutz owning the Raiders would be the best thing to ever happen to that franchise.
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Old 07-25-2013, 12:12 PM   #178
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Anschutz owning the Raiders would be the best thing to ever happen to that franchise.
That rumor is more than a year old and Mark Davis said he's not interested in selling.

I'll see what I can dig up this weekend because I'm having dinner with said AEG employee Saturday night. He may or may not be forthcoming about any new info but if there's anything I can share, I will.
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Old 07-25-2013, 01:28 PM   #179
Aries Walker Aries Walker is offline
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Even if they move to LA, I will still hate the Raiders.
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Old 07-25-2013, 02:20 PM   #180
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That rumor is more than a year old and Mark Davis said he's not interested in selling.

I'll see what I can dig up this weekend because I'm having dinner with said AEG employee Saturday night. He may or may not be forthcoming about any new info but if there's anything I can share, I will.
What do you think happens to the Raiders, Dane?
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