It looks like this…
… is a few steps closer to happening.
The AP is reporting that the City of Walnut, a neighbor of the possible new stadium site in Industry, has chosen to settle with billionaire Ed Roski and his development arm Majestic Realty instead of pursuing further legal action against the stadium. Terms were not disclosed.
Walnut City Council’s 3-1 decision comes two weeks after legislation written to help the Chargers move to the LA Basin was shelved. With the latest legal hurdles cleared, the path is much clearer for some team to move. I won’t rehash the candidates again, as last year’s post is still relevant.
The Bolts have a head start on all other teams (including the Raiders). They’ve been actively expanding marketing throughout SoCal, even hiring Wasserman Media Group to help. WMG head Casey Wasserman (himself a former Arena League team owner) believes that LA should have a team, though it may be best situated in Downtown LA, not Industry.
Wasserman even said on a recent Bill Simmons podcast (thanks MP) that there’s a fairly straightforward way for NFL to work in LA again, though it would presumably preclude a move by another team. In essence, the league would rally the owners together to build a new LA stadium under the guise of it being one of the rotating Super Bowl venues. Then the NFL would grant an expansion franchise and some piece of the stadium to the highest bidder, allowing the owners to recoup the development costs. If this sounds familiar, it is – it’s the Cleveland Browns plan.
Of course, having an Ed Roski-led stadium effort goes against such a plan and falls in line with a much more traditional, and as of this moment more concrete, “lure-em” model. Whatever happens over the next year, it promises to be good theater. For now, vote on which franchise (if any) you think is most likely to move to LA given the opportunity.