Support for LAist comes from
Audience-funded nonprofit news
Stay Connected
Audience-funded nonprofit news
Listen

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.

News

Disney's CEO Hired By Raiders & Chargers To Help Bring An NFL Stadium To L.A.

With our free press under threat and federal funding for public media gone, your support matters more than ever. Help keep the LAist newsroom strong, become a monthly member or increase your support today during our fall member drive. 


Long-talked about plans for a proposedfootball stadium for the Los Angeles area just got a major boost thanks to the hiring of Disney's CEO to lead the project.Bob Iger, chairman and CEO of The Walt Disney Company, has just been chosen by the San Diego Chargers and Oakland Raiders to help lead the proposed plan for a new stadium in Carson should the NFL approve the plan, reports the L.A. Times. Iger will become the nonexecutive chairman of Carson Holdings LLC—the joint venture created by the Chargers and Raiders this year—and will work with the city of Carson on the proposed plan. His duties will also include hiring a president and leading the strategic development of the $1.7 billion stadium, including what it will look like and the fan experience. Iger will still maintain his position at Disney.

Carmen Policy, executive director of Carson Holdings, LLC, told the Times:

Bob Iger’s inclusion as a the chair and the visionary force behind the Carson project is a game-changer. We now have the kind of leadership and expertise that should calm any concerns about any NFL teams going into L.A. and getting off on the right foot and pursuing the right course. And certainly if you’re going to do two teams it really lends a layer of talent and experience, plus unbelievable know-how to the whole effort. Who could we get better to guarantee fan experience than the man who runs the happiest place on earth?

Iger is thought to be in a particularly unique position to help the efforts to bring the stadium to Carson as Disney owns ESPN and has a working relationship with NFL Commissioner Roger Goodell and many of the league's owners. For his efforts, Iger will be paid a whopping $1, but will have the chance to purchase a "small undisclosed stake" in either team if he wants, according to ESPN. However, he has said he wouldn't exercise that option while he was still at Disney.

Support for LAist comes from

The NFL is holding committee meetings today in New York at league headquarters, where they are hearing presentations from the cities of San Diego, St. Louis and Oakland about why they should keep their teams. St. Louis Rams owner Stan Kroenke is currently backing a plan to develop a stadium in Inglewoodon the site of the demolished Hollywood Park.

Iger will not be attending the meetings in New York as he is at a Disney conference in Orlando, according to the Times. But he did say this in a statement released by the Chargers:

Should the owners approve the move, Los Angeles will proudly welcome two incredible teams to our community and build a stadium worthy of their fans. L.A. football fans will enjoy unprecedented access to games during the season, in a state-of-the-art stadium designed to deliver the most entertaining, exciting and enjoyable experience possible.

At LAist, we believe in journalism without censorship and the right of a free press to speak truth to those in power. Our hard-hitting watchdog reporting on local government, climate, and the ongoing housing and homelessness crisis is trustworthy, independent and freely accessible to everyone thanks to the support of readers like you.

But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.

We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.

Thank you for your generous support and belief in the value of independent news.

Chip in now to fund your local journalism
A row of graphics payment types: Visa, MasterCard, Apple Pay and PayPal, and  below a lock with Secure Payment text to the right
(
LAist
)

Trending on LAist