Back to the NFL Newsfeed

Mayor’s task force lays out financing plan to get Chargers to stay

Even as the Chargers were bringing in a hired gun to help their stadium efforts in Carson, the mayor of San Diego was announcing a separate plan to keep the team where it was.

Via David Garrick and Lori Weisberg of U-T San Diego, mayor Kevin Faulconer announced plans for the financing of a new $1.1 billion stadium (unlike in Atlanta, the price seems to be going down, as previous reports had it at $1.2 billion).

Faulconer’s stadium task for presented a 42-page plan, which includes $200 million from the NFL, $300 million from the Chargers, and $173 million in bonds secured by the Chargers’ future rent.