Oh my god this really puts a cramp on any team moving easily. Lots of beers sales / ticket sales needed to make up $500 Million.
The $2 billion problem
Washington Post reporter Les Carpenter wrote an interesting article on the NFL trying to return to Los Angeles, interviewing numerous Southern California movers and shakers.
The bottom line is that the proposition isn't going to be cheap. Carpenter's estimate that the cost could reach $2 billion is in line with what numerous NFL owners and executives told Yahoo! Sports when asked during training camp.
That price includes purchasing a team from a current owner (anywhere from $750 million to $1 billion), stadium costs (a recent NFL-commissioned estimate put the price for the stadium at $815 million at either an Orange County site or at the L.A. Coliseum) and the relocation fee that a team would be charged (anywhere from $250 million to $500 million).
The $2 billion problem
Washington Post reporter Les Carpenter wrote an interesting article on the NFL trying to return to Los Angeles, interviewing numerous Southern California movers and shakers.
The bottom line is that the proposition isn't going to be cheap. Carpenter's estimate that the cost could reach $2 billion is in line with what numerous NFL owners and executives told Yahoo! Sports when asked during training camp.
That price includes purchasing a team from a current owner (anywhere from $750 million to $1 billion), stadium costs (a recent NFL-commissioned estimate put the price for the stadium at $815 million at either an Orange County site or at the L.A. Coliseum) and the relocation fee that a team would be charged (anywhere from $250 million to $500 million).
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