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May 20, 2015

Deal closes for NFL stadium site near L.A.

By MICHAEL R. BLOOD
Associated Press

LOS ANGELES — The San Diego Chargers and Oakland Raiders moved a step closer Tuesday to building a new stadium near Los Angeles after a complex land deal was finalized on a site that could become the home of a shared $1.7 billion venue.

The transaction involving about 170 acres of land in Carson, a city of 93,000 people, came a day after the teams hired former San Francisco 49ers President Carmen Policy to spearhead the next stages of their push to relocate to the nation's second-largest media market.


 
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