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Post by SD Johnny on Feb 17, 2015 16:32:13 GMT -8
I think we'll know in 2 months. If the Chargers are going to head north, it will be as the primary tenant at Farmers Field. AEG has until April to find a team. That will be the last chance for the Chargers to control their destiny in LA. The timing is bad but a bold owner with a strong desire to move will take the leap. Doesn't AEG still want a piece of any team playing in their proposed stadium? And do the Chargers still not want to give up any of the club? I believe that is still the case but keep in mind that the Chargers put up Alex's 37% stake up for sale for a couple months for "estate planning reasons" towards the end of 2010 only to take it off the market a few months later. It was a minority stake and exactly the type of stake AEG is looking for. sports.espn.go.com/nfl/news/story?id=5813420
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Post by SDAztec on Feb 17, 2015 17:06:21 GMT -8
How much of the Spanos $1 Billion worth is tied up in the Chargers? I believe they are toward the bottom on the NFL when it comes to weath of the ownership, meaning the Spanos are in a rock and a hard place right now as they watch the value of thier franchise drop. They MUST get a new stadium to increase the value of the franchise or they seriously risk a big loss in value as other teams are building new stadiums and a multi-billionare owner moves into the LA market. They also risk losing profits if the team continues to faulter, attendance drops due to not making the playoffs and more people watching on HD at home. The current franchise players are getting older and younger star players are demanding more money.
What would happen to the Spanos weath in 5 or 10 years if they can no longer bring in enough revenue to compete with what other teams can offer star players, and they don't have a new state of the art stadium to make thier 30 year investment more valuable.
I like having the Chargers in SD, but I really don't feel sorry for the Spanos.
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Post by hoobs on Feb 17, 2015 17:08:47 GMT -8
There are those Aztec fans on the other thread about the Stadium Task Force, who firmly believe that State already has a plan to build an on-campus stadium. I for one doubt it as I don't think they've got $$$ earmarked for it. Same for taking over the Q spot, where's the $$ coming from? Unless Hirschman or Sterk come out with a statement that we (Aztec fans) shouldn't worry, then I won't believe they've got a tangible plan. Why would the Aztecs stick their neck out at this time when the Chargers are looking for scapegoats? Fabiani is throwing anyone he can under the bus and would do the same if the Aztecs said to hell with the Chargers. Exactly. Some folks appear to want Hirshman to come onto AztecMesa and post the full details of SDSU's stadium contingency plans. Sometimes, plans are best kept very close to the vest. I believe this is one of those times, for many reasons (as you correctly identify one of them).
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Post by SDAztec on Feb 17, 2015 17:19:25 GMT -8
Why would the Aztecs stick their neck out at this time when the Chargers are looking for scapegoats? Fabiani is throwing anyone he can under the bus and would do the same if the Aztecs said to hell with the Chargers. Exactly. Some folks appear to want Hirshman to come onto AztecMesa and post the full details of SDSU's stadium contingency plans. Sometimes, plans are best kept very close to the vest. I believe this is one of those times, for many reasons (as you correctly identify one of them). I totally agree! SDSU has plenty of high up connection in the City and County that they don't need to openly lobby in a public forum. They can quietly put a plan togethe, get feedback, and adjust accordingly until the Chargers ordeal has been finalized.
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Post by tonatiuh on Feb 17, 2015 18:13:34 GMT -8
If Chargers leave... is the Q parking lot big enough to build a slightly smaller stadium in that parking lot while we use the Q? Then when the new stadium is finished, the city can demolish the Q and begin building a new parking lot, classrooms, facilities, etc. I believe one NFL team (forgot who) did that a few years back. This is better than shutting down the team for 2 years while a stadium is being built. And we don't have another stadium to play in unless the administration is ok with playing at Mesa or Southwestern College. There is more than enough room to build another stadium in the Q parking lot. Not sure that would happen. But, if the Chargers do leave San Diego you can bet that the Aztecs will probably take over the Q, and do some remodeling of their own. Sterk has been mentioning that the Q is still their best bet as far as a stadium goes, and since that is his contension it would be the easiest to work with we could see a even a complete rebuild of it if San Diego State gets it from the city. You never know.
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Post by Den60 on Feb 17, 2015 18:35:12 GMT -8
I think the pro-get-the-Chargers-outta-town folks here are going to get their wish. Now they have to put their money where their mouths are. And I ain't talking a couple hundred bucks each either.
I am not sure that the CSU system will allow any public money to go to the funding of a football stadium for a school. If the university were to be in position to buy the site of the Q then I don't think they can use the stadium even temporarily while they construct a new stadium. The city will want to wash their hands of the site ASAP which means SDSU has to have a place to play while they raise money for construction of a new stadium and deal with the inevitable lawsuits that any large project would create.
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Post by SDSU-Alum2003 on Feb 17, 2015 21:28:14 GMT -8
I think the pro-get-the-Chargers-outta-town folks here are going to get their wish. Now they have to put their money where their mouths are. And I ain't talking a couple hundred bucks each either. I am not sure that the CSU system will allow any public money to go to the funding of a football stadium for a school. If the university were to be in position to buy the site of the Q then I don't think they can use the stadium even temporarily while they construct a new stadium. The city will want to wash their hands of the site ASAP which means SDSU has to have a place to play while they raise money for construction of a new stadium and deal with the inevitable lawsuits that any large project would create. Assuming that the Chargers leave the Q site SDSU is guaranteed 5 years to lease the site. During that time they can put their contingency plans to work. What exactly those plans are I am not privy to (only a small group even knows what those plans are). I only know that SDSU and the city, state and county are closely connected and that they do have some plans in place for if the Chargers stay or leave San Diego. Assuming SDSU's stadium fund raising campaign is able to raise enough funds along with naming rights or even a possible student referendum a stadium would likely be built on campus or on the Q site. Certainly there will be a lawsuit or two but it won't derail SDSU from building a college stadium (particularly on the Q site). After all, the Q site is already zoned for a stadium and has a 70,000 seat NFL stadium on the site. An SDSU stadium would have 50,000 seats or less. As I have said before West Campus expansion is even more important than an SDSU football stadium. However, assuming SDSU can aquire the Q site for a West Campus expansion I feel confident they will find a long term solution for a stadium as well. In the meantime while there is a lot of political posturing going on San Diego State will quietly go about its business.
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Post by AztecSports95 on Feb 18, 2015 7:57:40 GMT -8
Why would the Aztecs stick their neck out at this time when the Chargers are looking for scapegoats? Fabiani is throwing anyone he can under the bus and would do the same if the Aztecs said to hell with the Chargers. Exactly. Some folks appear to want Hirshman to come onto AztecMesa and post the full details of SDSU's stadium contingency plans. Sometimes, plans are best kept very close to the vest. I believe this is one of those times, for many reasons (as you correctly identify one of them). EXACTLY. Arm Chair negotiators on here would lose billions in the real world. Food for thought: If SDSU's intentions are to buy the Qualcomm Stadium site (which I believe is more realistic than an on-campus stadium), then don't you think the site will be far less valuable if and when its current major tenant is gone - either via moving truck or a new stadium elsewhere? To make its intentions public now would be foolish as it would put all the negotiating leverage on the city's end. If the city is stuck with a piece of land and a decrepit stadium and no one to sell it to, the leverage is all in the hands of Hirshman. So despite the angst of not knowing on this board, SDSU is doing precisely what it should be doing -- keeping its head down and its plans close to the vest.
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Post by SDSU-Alum2003 on Feb 18, 2015 10:03:37 GMT -8
With the increasing possibility that the Chargers will be moving to LA, will the athletic department revamp their efforts in building an On campus stadium? I do hope so. Well, there certainly has been a lot of political posturing over the last few days. I did find it interesting that several sports talk radio hosts on both 1360 and 1090 have now started talking about the future of the Aztecs and where will they play football if/when the Chargers depart. It seems they are grasping at straws to validate the tax payers to pay for the lions share of a new stadium (Fabianni/Chargers said up front that the city/tax payers will be responsible for 60% of a $1.3 billion stadium). When it comes to stadium discussions you rarely ever hear the Chargers and Aztecs mentioned in the same sentence. It doesn't take a genius to understand why this has been the case. I laugh every time I have heard a sports radio talk show host say that SDSU may have to shut down football on the Mesa. This will not happen. Just some extra food for thought. If SDSU drops football where does that leave the rest of Aztec sports? Without a football program they would no longer be allowed to be a member of the Mountain West Conference (unless some expcepton was made for them; doubtful). All other sports would likely be moved to the Big West. The last time we flirted with that option our basketball fans were not so pleased. Not only will SDSU build its own stadium they will thrive and be better off once they do.
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Post by Quetzalcoatl on Feb 18, 2015 10:08:52 GMT -8
This
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Post by Deleted on Feb 18, 2015 10:11:13 GMT -8
With the increasing possibility that the Chargers will be moving to LA, will the athletic department revamp their efforts in building an On campus stadium? I do hope so. Well, there certainly has been a lot of political posturing over the last few days. I did find it interesting that several sports talk radio hosts on both 1360 and 1090 have now started talking about the future of the Aztecs and where will they play football if/when the Chargers depart. It seems they are grasping at straws to validate the tax payers to pay for the lions share of a new stadium (Fabianni/Chargers said up front that the city/tax payers will be responsible for 60% of a $1.3 billion stadium). When it comes to stadium discussions you rarely ever hear the Chargers and Aztecs mentioned in the same sentence. It doesn't take a genius to understand why this has been the case. I laugh every time I have heard a sports radio talk show host say that SDSU may have to shut down football on the Mesa. This will not happen. Just some extra food for thought. If SDSU drops football where does that leave the rest of Aztec sports? Without a football program they would no longer be allowed to be a member of the Mountain West Conference (unless some expcepton was made for them; doubtful). All other sports would likely be moved to the Big West. The last time we flirted with that option our basketball fans were not so pleased. Not only will SDSU build its own stadium they will thrive and be better off once they do. No FB = Long Beach State, or Cal State Fullerton. No bueno.
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Post by SD Johnny on Feb 18, 2015 10:22:22 GMT -8
If I was even the slightest bit scared about the Aztecs football future without the Chargers in town I wouldn't be openly rooting for them to move to LA. Can't wait!
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Post by AztecSports95 on Feb 18, 2015 10:40:03 GMT -8
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aztecbandgeek
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Post by aztecbandgeek on Feb 18, 2015 10:44:14 GMT -8
As a Los Angeles resident...I am pretty much resigned to the fact that teams will continue to use Los Angeles as leverage to get new deals from the cities that they are currently in. I honestly don't believe that a new team will be in Los Angeles any time soon...and I think most LA residents are fine with that. We have plenty of other sports teams to root for, and tons of people root for USC or UCLA. I think, yeah it's a bummer no team has been here in years, but overall its no big deal.
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Post by Deleted on Feb 18, 2015 10:50:47 GMT -8
Right. Nobody wants to take a chance on a commercial or residential development in Mission Valley. Too risky. I'm thinking of taking out a loan against my '98 Kia and buying a chunk myself. Build a Taco stand or something.
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Post by AztecSports95 on Feb 18, 2015 11:14:35 GMT -8
Right. Nobody wants to take a chance on a commercial or residential development in Mission Valley. Too risky. I'm thinking of taking out a loan against my '98 Kia and buying a chunk myself. Build a Taco stand or something. Too risky on that site, with its environmental issues and a behemoth structure to destroy/rebuild. That's not an inexpensive project. It's not just a normal piece of land in Mission Valley. Mark my words, there will be few to no buyers for that property when the chargers leave it. It will drop in SDSU's lap. The City will be begging SDSU to take it off their hands.
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Post by bearfoot on Feb 18, 2015 13:07:26 GMT -8
Alex Spanos is worth over $1 billion but he's not about to throw down 80% of his wealth on a stadium that's a losing investment. The Chargers need someone to basically flip the majority of the bill for a new stadium. The only question is what City will be willing to do that. One thing seems to be for sure is that the Chargers have no plan to build at the Qualcomm site. SDSU really needs to start serious discussions with the City of San Diego and California State University system about building a new 50,000 seat college football stadium at the Qualcomm site as well as whatever other projects it takes to fund something of that scope. Don't just sit there and wait for the Chargers but take the lead. Alex S was worth 1 billion. No longer. His family has assimilated all his $ due to his advancing Alzheimer's. The family has lots of dough, but no where close to enough to drop a billion. www.utsandiego.com/news/2010/nov/16/spanos-aims-to-sell-portion-of-family-stake-in-cha/ Note, the article was from 2010
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Post by hoobs on Feb 18, 2015 13:20:17 GMT -8
Right. Nobody wants to take a chance on a commercial or residential development in Mission Valley. Too risky. I'm thinking of taking out a loan against my '98 Kia and buying a chunk myself. Build a Taco stand or something. Too risky on that site, with its environmental issues and a behemoth structure to destroy/rebuild. That's not an inexpensive project. It's not just a normal piece of land in Mission Valley. Mark my words, there will be few to no buyers for that property when the chargers leave it. It will drop in SDSU's lap. The City will be begging SDSU to take it off their hands. Begging is a bit of a strong word, but I believe a sale to SDSU will be much easier as transfer to a state entity can take advantage of some procedural loopholes, IIRC. And whatever the scenario regarding the Chargers vacating Mission Valley (to downtown or wherever), the city gov't will want to move as quickly as possible to resolve the situation with the Q site... and SDSU will be by far the best candidate to help make that happen.
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Post by Deleted on Feb 18, 2015 13:33:42 GMT -8
I don't know. I think we could use some more retail or condos in Mission Valley.
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Post by rebar619 on Feb 18, 2015 14:19:28 GMT -8
With the increasing possibility that the Chargers will be moving to LA, will the athletic department revamp their efforts in building an On campus stadium? I do hope so. Well, there certainly has been a lot of political posturing over the last few days. I did find it interesting that several sports talk radio hosts on both 1360 and 1090 have now started talking about the future of the Aztecs and where will they play football if/when the Chargers depart. It seems they are grasping at straws to validate the tax payers to pay for the lions share of a new stadium (Fabianni/Chargers said up front that the city/tax payers will be responsible for 60% of a $1.3 billion stadium). When it comes to stadium discussions you rarely ever hear the Chargers and Aztecs mentioned in the same sentence. It doesn't take a genius to understand why this has been the case. I laugh every time I have heard a sports radio talk show host say that SDSU may have to shut down football on the Mesa. This will not happen. Just some extra food for thought. If SDSU drops football where does that leave the rest of Aztec sports? Without a football program they would no longer be allowed to be a member of the Mountain West Conference (unless some expcepton was made for them; doubtful). All other sports would likely be moved to the Big West. The last time we flirted with that option our basketball fans were not so pleased. Not only will SDSU build its own stadium they will thrive and be better off once they do. Will not happen huh? Don't count me amount the convinced. Football is entertainment, not a necessity.
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