NFL owners will vote on a decision to increase the Los Angeles Rams’ stadium budget to nearly $5 billion today, according to a new report.
ESPN’s Seth Wickersham broke the story. “Today NFL team owners will vote to increase the debt limit for the Rams new stadium, which according to internal league documents is now projected to cost an amazing $4.963 billion,” he tweeted on Tuesday afternoon. “It’s the projected cost of part of the development around it, too.”
Today NFL team owners will vote to increase the debt limit for the Rams new stadium, which according to internal league documents is now projected to cost an amazing $4.963 billion.
— Seth Wickersham (@SethWickersham) March 27, 2018
It’s the projected cost of part of the development around it, too.
— Seth Wickersham (@SethWickersham) March 27, 2018
The Rams’ new stadium is expected to open by the beginning of the 2020 season and will be shared by both the Rams and the LA Chargers. The stadium is expected to seat around 70,000 spectators and has been described as “international, global, iconic,” and “luxurious.”
Report: Rams’ stadium, development costs approaching $5 billion https://t.co/4RW1CIaKiB pic.twitter.com/HuXQihW4fZ
— Panseh Tsewole (@PansehTsewole1) March 27, 2018
With a budget of potentially $5 billion, it better be all of those things and more.
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