The headline from Deadspin says it all: “San Diego Offers $350 Million In Public Money For A New Chargers Stadium, NFL Wants More.” And a quote:
San Diego’s proposal is dead in the water—shot down within minutes in a public statement by the Chargers. Negotiations are all but dead right now. The NFL, with three teams angling toward Los Angeles and three cities bidding against each other to offer the best deal and get its team to stay, isn’t about to accept anything that requires the league and the Chargers to pay $750 million when it doesn’t need to. (The Union-Tribune, cheerleading for a new stadium, writes that San Diego offered to cover “a mere 33 percent” of the stadium’s cost. “Mere?”)
If the threat of Los Angeles is the stick (there is no carrot in the stadium finance scam), that doesn’t mean the NFL won’t swing it. San Diego’s offer pales in comparison to St. Louis, which can’t stop rolling over for Stan Kroenke—Oakland’s working up an offer of its own to woo back the Raiders. But with three teams jostling for two potential relocation spots, and the Rams having obtained the juiciest offer, it doesn’t look good for the Chargers’ chances of staying.
H/t: JAT
