The local city council has approved a proposal to build a stadium to to host the the San Diego Chargers and Oakland Raiders.

The good news for Charlotte: If this deal goes through and the Raiders and Chargers move to Carson, it takes the greater Los Angeles market out of play. That greatly reduces relocation options for the Carolina Panthers. The Carson facility would also be privately financed.

The bad news for Charlotte: The proposed Carson stadium would cost an estimated $1.7 billion. At some point, the Panthers will demand a new stadium and 100 percent private financing is unlikely here in the Queen City. So there’s likely to be a demand made on state and local officials to find an awful lot of money for a new football palace.