San Diego Chargers special counsel heavily criticized San Diego’s $1.1 billion stadium proposal, unveiled at a news conference with Mayor Kevin Faulconer Monday.
“The Chargers have been clear from the start that the franchise will not be the City’s guinea pig for this inevitably ill-fated legal experiment,” Fabiani said per ESPN.
A meeting will be held Tuesday in which the Chargers will update NFL owners on their progress with their joint venture with the Oakland Raiders.
Faulconer must now wait until after the meeting and see if the Chargers come back to the negotiating table.
“It will be up to the NFL and working with the Chargers here to determine a path forward,” Faulconer said at the news conference. “We are ready. The negotiation table is open. And we’ll see in the next couple days.”
ESPN’s report broke down where the money would be going in the new stadium proposal.
- $750 million in private sources
- $362.5 million by the Chargers
- $200 million by the NFL
- $187.5 million in personal seat licenses
- $350 million public contributions
The city has another month to get a deal together with the team so they can meet the deadline for a Jan. 12 election.
However, the Chargers seem to getting more and more distant from the negotiating table.
“Both history and current polling show it will be extraordinarily difficult to persuade voters to devote hundreds of millions of General Fund tax dollars to a stadium,” Fabiani said.
City attorney Jan Goldsmith still believes the environmental review can be completed by September 2016.
“Today we’ve shown that San Diego can meet the time deadline,” Goldsmith said.
