NBC 4 L.A. reporter Fred Roggin reported Thursday during an interview with The Mighty 1090 that the Carson land which the Chargers and Raiders purchased on Tuesday cost them $20 million.
Chargers special counsel Mark Fabiani had been trying to keep the figure a secret, as he believed the number impacted the competition between rival L.A. stadium ventures.
“I’ll tell you what (they) paid for the land, it was $20 million,” Roggin said on the Scott and BR show. “The (Carson) mayor told me that. $20 million for 11 acres.”
If the Chargers and Raiders do not end up building the stadium, the land would be returned to the city at no cost, according to Fabiani.
Wheels for the stadium talks began to move fastly this week after the Citizen Stadium Advisory Group announced their financing proposal for a new San Diego stadium on Monday.
The Chargers then followed with several moves of their own, including Dean Spanos relinquishing his daily duties to his sons, hiring longtime NFL executive Carmon Policy to take over Carson negotiations and then the purchase of the land in Carson.