Late statement from San Diego Chargers special counsel Mark Fabiani:
On February 1st of every year since 2007, the Chargers have been eligible to terminate the team’s lease for Qualcomm Stadium. And each year since 2007, the Chargers have announced that the team will not exercise the termination clause and instead continue to work toward a permanent stadium solution in San Diego.
Today, the Chargers are making the same announcement that the team has made each year since 2007: The team will not be exercising the lease termination clause and will keep working to find a publicly acceptable way to build a Super Bowl-quality stadium in San Diego. Calendar year 2015 will constitute the team’s fourteenth year of work on a San Diego stadium solution.
The Chargers aren’t fundamentally closer to a stadium deal now than they were at this time last year. If they had chosen to terminate the lease, they would’ve had to pay $17.6 million to the City of San Diego to leave. Without clear short-term and long-term stadium solutions in LA, it makes some sense to wait especially if real money is at stake. That isn’t the case for the Rams and Raiders, who face no penalties if they leave their current homes.
On Monday, the New York Times reported that the chances of any team moving to LA were dimming. We’re still a couple months from the window officially opening, and if LA interests such as AEG are truly interested, I imagine they’ll take that time to work out a deal with the NFL (and perhaps Dodger Stadium).
What say you, Rams and Raiders?