• The team says it needs a new stadium to remain financial competitive in the National Football League. Newer stadiums offer electronic – rather than fixed – signage that allows advertisements to be switched with ease, corporate sponsorships such as naming rights and luxury boxes and club seats.
  • If the Chargers do leave Qualcomm stadium, they are required to pay off the city’s remaining debt from the Qualcomm renovation agreed to in 1995. The costs peak at $56.2 million in 2009 and gradually decline down to $19.9 million in 2014 and $3.4 million in 2020.
  • The Chargers hope to construct mixed-use development in concert and using the proceeds to finance the stadium, which is estimated to cost $600 million. To do so, the team is also searching for a development partner – the package is expected to cost at least $1 billion.

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