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.
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.
L.A. Coliseum Commission Approves USC Lease Agreement
Los Angeles Memorial Coliseum via Shutterstock
()
The Los Angeles Memorial Coliseum Commission approved a lease agreement today that gives USC control of day-to-day operations.
The board voted 8-1, according to City News Service, with only one opposing vote from Councilman Bernard Parks.
USC will control the scheduling of events and possible naming rights negotiations. The commission will continue to oversee the Coliseum and Sports Arena buildings. The lease also includes a provision for the temporary use of the Coliseum by an NFL team if necessary. USC and the Commission agree that the decision is important to improve and modernize the stadium and to move past recent scandals, according to the Los Angeles Times.
The Coliseum commission has been scrutinized for the alleged mishandling of millions of dollars that went missing, reports City News Service.
Support for LAist comes from
The Coliseum and the Los Angeles Sports Arena are publicly owned buildings managed by the commission, which includes state, county and city officials. The land is leased from the state, which expires in 2054. USC's lease has an initial term of 20 years, but can be renewed for up to 42 years.
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
(
LAist
)
Trending on LAist
-
Restaurants share resources in the food hall in West Adams as Los Angeles reckons with increasing restaurant closures. -
It will be the second national day of protest against President Donald Trump. -
The university says the compact, as the Trump administration called it, could undermine free inquiry and academic excellence. -
This is the one time you can do this legally! -
Metro officials said it will be able to announce an opening date “soon.” -
While working for the county, the DA’s office alleges that 13 employees fraudulently filed for unemployment, claiming to earn less than $600 a week.
Best of LAist