Saturday, October 6, 2012

L.A. Is The Place

When the Pats play the St Louis Rams in London in two weeks, they could be competing against a team that has its eyes on a move back to Los Angeles. The team moved from there in 1994, but is one of several NFL teams that could apply t move to LA. and their proposed new stadium. San Diego, Jacksonville, Buffalo and Jacksonville are also mentioned.

A private group has plans to build a $1.5 billion stadium. One of the problems is that there is no way that the  stadium will never be built for the stated price. By the time its done, it will probably balloon to $2 billion. This is an absurd amount of money to invest in a facility that has limited use throughout the year.

The plan is to have a decision in place by next spring regarding franchise relocation. The stadium construction plan is very ambitious with a completion date in time for the 2016 season. I can't see this date being met. There are so many loose financial ends with the group trying to get a team.

There are hurdles for this project to overcome. Los Angles will also use long term bonds to build a new $315 million convention center.

There isn't an overwhelming ground campaign to get a team to L.A. The league wants a team in the nation's second largest market, but it was dwindling attendance which helped force the Rams to St Louis.

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