Hopes for NFL in L.A. Dwindling
The Super Bowl has come and gone. The New Orleans Saints victory parade has come and gone, although New Orleans will still be partying for the next week. So what now?
One of the biggest story lines for us in Los Angeles that hasn’t been touched on by the national evil four-letter media is the prospect of getting an NFL franchise here to the second largest media market in the country.
Ed Roski’s Los Angeles Stadium plan has cleared almost every hurdle - every environmental impact report; every NIMBY community groups’ lawsuits; every state legislature vote. According to Majestic Realty Company vice president John Semcken who oversees the project, there is no concern about financing the $800 million stadium.
“We know what the numbers are, and we know how we are going to do it,” Semcken told James Wagner of the Pasadena Star-News.
To fan the flames of further optimism, the upcoming war over the collective bargaining agreement between the players and owners should further benefit Los Angeles.
Since the likelihood of winning the Mega Millions jackpot is better than an agreement coming together before March 31, the end of the NFL fiscal year, this upcoming final season under the current CBA will have no salary cap. This will give big money teams like the Washington Redskins, Dallas Cowboys and New York Giants free reign to spend as much as they possibly can.
This could in turn spell disaster for smaller market teams like the Jacksonville Jaguars who are already financially strapped.