Articles matching tag: Chargers

  1. Column: NFL Overestimated LA MarketSeptember 28, 2017

    Greed can motivate human beings to do things they might regret upon hindsight. NFL owners, despite being billionaires, are no different from ordinary folks in that regard. Their decision to storm back into the Los Angeles market last year after a 22-year absence was motivated by greed. As so often happens in such instances, the league and some team owners may be experiencing a severe case of buyer’s remorse. In 1995, the Los Angeles Rams bolted LA for a new, state of the art stadium in Saint Louis. Along with an array of revenue streams and fancy suites, perhaps the best part of their deal was a clause in the lease that required Saint Louis to guarantee the stadium would always be one of the top-ten in the league. If at any time the stadium was deemed to fall below that standard, the team would be free to move. Two decades later, the inevitable came to pass and Rams’ owner Stan Kroenke printed business cards that read, “NFL team available for the best deal.”