Wednesday, 7 January 2015

Stan Kroenke's Los Angeles Stadium Plan Could Reshape the NFL Forever

For the past 12 seasons, the NFL has been a model of stability, popularity and profitability.Its eight geographical four-team divisions dovetail nicely with its 16-game regular season and 12-team playoff. Since the NFL achieved this symmetry, competitive quality has been ideal, fan interest insatiable and revenue staggering.

As the Los Angeles Times' Sam Farmer and Roger Vincent reported, though, there's a now a demolition charge strapped to the NFL's stable foundation.

St. Louis Rams owner Stan Kroenke, who owns 60 acres of land in Inglewood, California, has partnered with Stockbridge Capital Group, which owns an adjacent plot of nearly 300 acres. Together, they're planning to build an NFL stadium.

The envisioned City of Champions Revitalization Project would not only have plenty of room for a stadium and parking, but retail, office, hotel and residential space—including a new planned neighborhood.This isn't the first time a well-moneyed developer has put together the land and investors to build a stadium in the Los Angeles area. Phil Anschutz's planned Farmers Field and Edward Roski's City of Industry plan already have all the permits and licenses in place.

Kroenke doesn't yet, but he does have something neither of the other two has: an NFL team.It's still technically possible that Kroenke's Rams stay where they are. As Nick Wagoner of ESPN.com wrote, the City of St. Louis still has to offer the Rams a new home by Jan. 28; should the proposed digs not meet Kroenke's requirements, the 10 remaining years on the lease become year-by-year, and he can request permission from the NFL to seek relocation.

As Bleacher Report's Jason Cole reported on TeamStream, Kroenke may relocate whether the NFL approves it or not:


Source http://bleacherreport.com/articles/2319966-stan-kroenkes-los-angeles-stadium-plan-could-reshape-the-nfl-forever

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