January 13, 2016
An historic 30-2 vote ended a 21-year odyssey Tuesday evening when NFL owners cleared the way for the Rams to return to LA in 2016, while granting the Chargers first option to join them. If the Chargers don’t exercise their option, the Raiders could step through the door.
Two teams could eventually share a stadium that’s part of a nearly 300-acre entertainment, retail and housing development under construction at the site of the former Hollywood Park horse racing track. The development team includes Rams owner Stan Kroenke and San Francisco-based developer Stockbridge Capital.
When completed in 2019, the low-slung, glass-roofed 70,240-seat football palace will be the league’s biggest stadium and carry a hefty price tag of upwards of $3 billion. It is expected that the NFL and Raiders will now quickly work to improve Oakland’s stadium situation rather than relocate the team.