San Diego Chargers New Stadium 2015 News: Chargers and Oakland Raiders Reveal Plan for New Shared Stadium
The San Diego Chargers and Oakland Raiders are teaming up on a Los Angeles area Stadium proposal for a building that would be shared by the two teams. The Chargers are looking to protect their Los Angeles area revenue streams while the Raiders are simply looking to get a new building and get back on equal revenue footing with the other 31 NFL franchises.
Both teams are on year-to-year leases in aging facilities. Chances of getting new stadiums built in their current markets is pretty bleak.
With that being said, both the Raiders and the Chargers look at this plan as a backup to plans involving San Diego and Oakland respectively. The teams have gotten together with Carson2gether, a group of local business and labor leaders who want to bring a NFL stadium to long vacant Carson Marketplace site.
This is a detailed proposal on a $1.7 billion state of the art facility that is to be built with private money. That last detail may be a game changes as both teams have tried and field to get public subsidies for their buildings in their current markets.
The team released a joint statement that contained the following.
"We are pursuing this stadium option in Carson for one straightforward reason: If we cannot find a permanent solution in our home markets, we have no alternative but to preserve other options to guarantee the future economic viability of our franchises."
For those keeping score at home this is not the fourth stadium proposal for a NFL building in the great los Angeles area. There is the downtown plan, the City of Industry plan, Stan Kroenke's Inglewood plan and now the joint plan for the Carson Marketplace. None of the plans have gained the necessary traction but Carson2gether is working to get a ballot initiative passed to approve the site for the joint venture.