Talks with 5 NFL teams about relocating to LA

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    Talks with 5 NFL teams about relocating to LA

    AEG has talked with five NFL teams about relocating to Los Angeles

    The fact that the Southern California-based AEG corporation is interested in bringing an NFL team back to Los Angeles may be the worst-kept secret in America. But the company, owned by billionaire Philip Anschutz and run by president Tim Leiweke (brother of former Seattle Seahawks CEO Tod), expressed real and concrete interest in moving a team to SoCal — the first time in 16 years that the league would be located there — for a Thursday story in the Orange County Register.

    "St. Louis, Jacksonville, not extensively, certainly Oakland, San Diego, Minnesota are still in the mix," Leiweke told reporter Scott M. Reed, when asked which franchises AEG had been talking to. Leiweke then added: "We're not packing any [moving] vans right now."

    Leiweke then put it all on the table and said that AEG would be willing to pay to get a team out of a current stadium lease, citing the $24 million payment the Chargers would apparently have to make to get out of their current agreement.

    However, in a recent Associated Press story, representatives of the Chargers and Raiders insisted that majority shares were not for sale, and the Vikings are trying to get their own stadium deal done.

    When speaking to a group in Pacific Palisades on Thursday, according to Reid, Leiweke said that the $1.35 billion project to build Farmers Field (the as-yet nonexistent L.A. football field with a current name sponsor in Farmers Insurance) and renovate the Los Angeles Convention Center would bring $45 million per year in new taxes placed on hotel stays, property, employees and sales. AEG is currently negotiating a lease for the property on which the new stadium will stand; it's assumed that any team could play in the Los Angeles Memorial Coliseum until a new stadium was built.

    AEG is also committing to write checks to cover any bridge between a debt on stadium bonds and revenue created, and the company is trying to get a memorandum of understanding with the Los Angeles City Council by July 31, according to Reid. If that happens, AEG can move forward, and would certainly want to enter into more comprehensive and aggressive talks with a current NFL team, or with the NFL about a new team.  

    Where this becomes interesting is that in order to end the current lockout (by choice or by force), it's almost certain that the owners will have to make concessions they don't want to make in order to avoid more stringent penalties by an Eighth Circuit Court that now seems more committed to ending the lockout, even if it shortfalls both sides. The bill for that will fall in the lap of Roger Goodell, and the best way for Goodell to save his own bacon will be to facilitate the sale of a team, or the expansion of the league, and the fat fees those moves generally put in the pockets of all owners.

    In other words, when labor peace exists again, job one for Goodell will be to refill the coffers to the levels the owners expected when this labor standoff began, and AEG may be the willging and able to do so.

     
  2. You have chosen to ignore posts from lippa. Show lippa's posts

    Re: Talks with 5 NFL teams about relocating to LA

     This is just crazy how many times have teams moved to LA and then moved agian?
     
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  4. You have chosen to ignore posts from anonymis. Show anonymis's posts

    Re: Talks with 5 NFL teams about relocating to LA

    If you take a look at the largest media markets for tv or radio, I would imagine that LA is in the top 5 U.S. cities.

    It's about moolah....
     
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    Re: Talks with 5 NFL teams about relocating to LA

    In Response to Talks with 5 NFL teams about relocating to LA:
    [QUOTE]Fri Jun 10 11:39am EDT AEG has talked with five NFL teams about relocating to Los Angeles By Doug Farrar The fact that the Southern California-based AEG corporation is interested in bringing an NFL team back to Los Angeles may be the worst-kept secret in America. But the company, owned by billionaire Philip Anschutz and run by president Tim Leiweke (brother of former Seattle Seahawks CEO Tod), expressed real and concrete interest in moving a team to SoCal — the first time in 16 years that the league would be located there — for a Thursday story in the Orange County Register . "St. Louis, Jacksonville, not extensively, certainly Oakland, San Diego, Minnesota are still in the mix," Leiweke told reporter Scott M. Reed, when asked which franchises AEG had been talking to. Leiweke then added: "We're not packing any [moving] vans right now." Leiweke then put it all on the table and said that AEG would be willing to pay to get a team out of a current stadium lease, citing the $24 million payment the Chargers would apparently have to make to get out of their current agreement. However, in a recent Associated Press story , representatives of the Chargers and Raiders insisted that majority shares were not for sale, and the Vikings are trying to get their own stadium deal done. When speaking to a group in Pacific Palisades on Thursday, according to Reid, Leiweke said that the $1.35 billion project to build Farmers Field (the as-yet nonexistent L.A. football field with a current name sponsor in Farmers Insurance) and renovate the Los Angeles Convention Center would bring $45 million per year in new taxes placed on hotel stays, property, employees and sales. AEG is currently negotiating a lease for the property on which the new stadium will stand; it's assumed that any team could play in the Los Angeles Memorial Coliseum until a new stadium was built. AEG is also committing to write checks to cover any bridge between a debt on stadium bonds and revenue created, and the company is trying to get a memorandum of understanding with the Los Angeles City Council by July 31, according to Reid. If that happens, AEG can move forward, and would certainly want to enter into more comprehensive and aggressive talks with a current NFL team, or with the NFL about a new team.   Where this becomes interesting is that in order to end the current lockout (by choice or by force), it's almost certain that the owners will have to make concessions they don't want to make in order to avoid more stringent penalties by an Eighth Circuit Court that now seems more committed to ending the lockout, even if it shortfalls both sides. The bill for that will fall in the lap of Roger Goodell, and the best way for Goodell to save his own bacon will be to facilitate the sale of a team, or the expansion of the league, and the fat fees those moves generally put in the pockets of all owners. In other words, when labor peace exists again, job one for Goodell will be to refill the coffers to the levels the owners expected when this labor standoff began, and AEG may be the willging and able to do so.
    Posted by lippa[/QUOTE]

         Unfortunately, it's inevitable that Los Angeles will once again get a team. If Minnesota doesn't get their stadium, they'll be going. Otherwise, Jacksonville.
     
         Don't be surprised to see Peyton Manning, somehow, someway, end his career in La La land. 
     
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  8. You have chosen to ignore posts from ROWDYRODRUST. Show ROWDYRODRUST's posts

    Re: Talks with 5 NFL teams about relocating to LA

    LA doesn't deserve a team. The fans in LA were not able to continuously support any of the NFL teams in the past.
    I do agree with the poster who wrote that the Chargers makes the most sense but I don't think that the owners want to give up a majority stake of ownership necessary to make the move to LA.

    I'd rather see a team in San Antonio or Portland, Oregon long before a proposed team back in LA.
     
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  10. You have chosen to ignore posts from lippa. Show lippa's posts

    Re: Talks with 5 NFL teams about relocating to LA

    I just dont see the market in LA with teams going and moving out of there  what 3 or 4 times in the last 20 years?
     
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  13. You have chosen to ignore posts from lippa. Show lippa's posts

    Re: Talks with 5 NFL teams about relocating to LA

     Maybe your right but I look at it a fan is a fan.Put it like this yes the razor is sweet stadium but I would still be a fan if it was still foxboro stadium.
     
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  15. You have chosen to ignore posts from LazarusintheSanatorium. Show LazarusintheSanatorium's posts

    Re: Talks with 5 NFL teams about relocating to LA

    Shhh...  The secret magic word for the thread is: "Fickle."  So when anyone when mentions it on this LA Fanbase Thread, it's everyone's job to go: "Argggrghhh (screaming-tambourines & cymbals clashing)"...
     
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  17. You have chosen to ignore posts from BabeParilli. Show BabeParilli's posts

    Re: Talks with 5 NFL teams about relocating to LA

    Rams need to go back to LA, and the Cards back to STL. Jags can go to Phoenix. Three teams in FLA is a bit much.
     
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    Re: Talks with 5 NFL teams about relocating to LA

    L.A. doesn't deserve a team they wont support it.
     
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    Re: Talks with 5 NFL teams about relocating to LA

    I would like to see Baltimore move to LA. Get a couple of moving trucks, late at night....

     
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    Re: Talks with 5 NFL teams about relocating to LA

    In Response to Re: Talks with 5 NFL teams about relocating to LA:
    [QUOTE]In Response to Talks with 5 NFL teams about relocating to LA :      Unfortunately, it's inevitable that Los Angeles will once again get a team. If Minnesota doesn't get their stadium, they'll be going. Otherwise, Jacksonville.        Don't be surprised to see Peyton Manning, somehow, someway, end his career in La La land. 
     
    Seriously? You think that Peyton is going to finish his career in LA? Get a clue, man. That will not happen.
     
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  24. You have chosen to ignore posts from nyjoseph. Show nyjoseph's posts

    Re: Talks with 5 NFL teams about relocating to LA

    I will be very surprised if Buffalo still has a franchise in 10 years (we'll miss those 2 wins we can pencil in each year).
    They have had double-digit population declines in 4 of the last 5 census.
    Playing games in Toronto?
    As others have pointed out, plenty of seats are available for visiting fans.
    Then you have the fact that they are the low spenders in the division.

    Think Tampa Bay Rays of football.
     

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