The relocation fee for the San Diego Chargers and any other team that wants to move to Los Angeles was set at $550 million Saturday and could reach over $600 million over time, according to a report from the Orange County Register.
The Rams, Chargers and Raiders were given final drafts of their certification papers from the league Saturday and must be returned to be eligible.
Certification papers for LA finalize relocation fee, rules mitigating suing, agreement to pay hefty tax if sell part of team after LA move
— Jason La Canfora (@JasonLaCanfora) January 9, 2016
According to La Canfora, the NFL’s Los Angeles Committee is expected to give their recommendation of which project to support on Monday, before the owners are scheduled to meet in Houston (Tuesday and Wednesday).
He also believes that the Chargers, and their possible joint-project in Carson with the Raiders, is most likely to get selected by the owners if any do.
