November 20, 2015
Is $500-$600 million dollars worth having an NFL team in Los Angeles? NFL owners have agreed to charge that amount as a relocation fee to any team that makes the move to the City of Angels- a city who hasn’t had a football team since 1994.
Moving into the 2016 season, the San Diego Chargers, Oakland Raiders, and St. Louis Rams are all looking to make the bid. In the most recent transaction fee for an NFL team, the Houston Oilers became the Titans in Tennessee for just $29 million.