Truth & Rumors > NFL

L.A. stadium deal hits snag

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08:01 AM ET 06.03 | So much for that fancy press conference with the artistic renderings and naming rights announcement? AEG's Tim Leiweke, spearheading an effort to build an NFL stadium next to Staples Center, said Thursday the project could be scuttled if the city doesn't sign off on the framework of a deal by July 31. "We will know by July 31, one way or another," Leiweke, the sports and entertainment company's chief executive, told The Times from his office at L.A. Live. Leiweke wants the city to issue $350 million in municipal bonds to relocate the West Hall of the Convention Center -- where the proposed Farmers Field will sit -- and has promised those will be paid off by new revenue streams created by the project.

Los Angeles Times

Philip Anschutz, Getty Images Philip Anschutz, Getty Images
June 3, 2011  08:06 AM ET

Of course there is the little detail of not yet having an NFL team agree to use the proposed Farmer's Field. I guess they've been watching Field of Dreams again. Build it and they will come.....

June 3, 2011  08:10 AM ET

Football team? We don't need no stinking football team!

June 3, 2011  08:10 AM ET
QUOTE(#1):

... Build it and they will come.....

And - they will.

Los Angeles Chargers...

June 3, 2011  08:13 AM ET
QUOTE(#1):

...Build it and they will come.....

And then, after a few years, the thrill will wear off, and the fans will all walk back into the cornfield.

June 3, 2011  08:18 AM ET
QUOTE(#3):

And - they will. Los Angeles Chargers...

Bingo!

June 3, 2011  08:19 AM ET

350 million to move one building, and then probably another billion to build a new stadium, so maybe they can poach a team from another market? And the city has doubts? ImaGine

June 3, 2011  08:25 AM ET

What no picture ?

June 3, 2011  08:25 AM ET

As a resident of Los Angeles, I think I speak for all of us when I say, "We don't want the NFL."

June 3, 2011  08:29 AM ET
QUOTE(#7):

What no picture ?

All they've got is a vacant lot, right? Or maybe they've got a good picture of a mountain of debt for a city that can't pay its teachers?

June 3, 2011  08:33 AM ET

Is the snag they don't have a team to play in the proposed stadium?

Comment #11 has been removed
June 3, 2011  08:38 AM ET

I have their bumper sticker on the pick up,(Farmers field.).

Pisses people off here!

June 3, 2011  08:43 AM ET
QUOTE(#10):

Is the snag they don't have a team to play in the proposed stadium?

No problem at all, as long as you're playing with somebody else's money.

June 3, 2011  08:48 AM ET

Gee I wonder why? Could it be them not even knowing if there will be an NFL team to fill it?

June 3, 2011  08:52 AM ET
QUOTE(#9):

All they've got is a vacant lot, right? Or maybe they've got a good picture of a mountain of debt for a city that can't pay its teachers?

How about some old dude rockin the timeless turtleneck/sportscoat combo last seen by junior high science teachers in 1987?

June 3, 2011  08:54 AM ET

Why do they want to relocate the building? Just build a new one for $350 mill.

June 3, 2011  09:06 AM ET

has a team ever lasted in L.A.?.....Idon't think so

June 3, 2011  09:28 AM ET
QUOTE(#15):

How about some old dude rockin the timeless turtleneck/sportscoat combo last seen by junior high science teachers in 1987?

He looks like Prince Von Ahole.

June 3, 2011  09:30 AM ET
QUOTE(#15):

How about some old dude rockin the timeless turtleneck/sportscoat combo last seen by junior high science teachers in 1987?

Wassamatta? Didn't you like The Wonder Years? Particularly Winnie Cooper?

 
June 3, 2011  09:38 AM ET
QUOTE(#10):

Is the snag they don't have a team to play in the proposed stadium?

Vikings

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