NFL stadium project reportedly $2.5 billion over budget
Stadiums are an expensive thing to build. Especially one that needs to host a pair of NFL teams and potentially other football games, such as the Super Bowl.
And that’s why those teams want to make sure that things get done right. So when the new stadium in Los Angeles, which will host the Rams and Chargers, was delayed a year until 2020, it was understandable.
But on “The Dan Patrick Show” on Wednesday, Dan Patrick shared something he learned from a source that might not be quite as understandable. The new Los Angeles stadium, which was supposed to cost $2.5 billion, is actually going to cost $5 billion. Even worse? The NFL wants the Rams’ players to help pay for the difference.
“I said, ‘How do you overshoot the estimate by $2.5 billion?'” Patrick said of his conversation with his source.
As Patrick points out, the NFL is proposing that the players receive 49 percent of the revenue from the stadium, but they would have to use some to help finance the stadium.
Here’s Patrick weighing in more on the whole situation:
According to a source close to @dpshow, the Rams' new stadium is expected to cost $5 Billion (originally $2.5 Billion) and the NFL wants the players to chip in for the billions of dollars in cost overruns. #AUDIENCEsports pic.twitter.com/YHpMLla9IV
— AUDIENCE Sports (@AudienceSports) October 16, 2019
It will be interesting to see how this situation continues to develop and if the NFL will continue to push for the players to help finance this new stadium.