Problems Between Chargers and Rams?

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  • MakoShark
    Disgruntled
    • Jun 2013
    • 2837
    • North Alabama
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    #85
    Originally posted by Boltjolt View Post

    Wrong!...and it's slated to go up. What you wish for isn't the same as reality.

    http://www.forbes.com/teams/los-ange.../#65f594ef6264
    .25B up and they still owe relocation fees. The simple math says they're in the hole. And, "slated to go up" is like birds in the bush...
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    • Boltjolt
      Dont let the PBs fool ya
      • Jun 2013
      • 26850
      • Henderson, NV
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      #86
      Originally posted by MakoShark View Post

      .25B up and they still owe relocation fees. The simple math says they're in the hole. And, "slated to go up" is like birds in the bush...
      Rams and Raiders owe that too and it's not owed all at once. Spano's has more money than Mark Davis. The video said all three teams will be doing the payments routine and why wouldn't they?

      When they move into the new stadium their value will go up but obviously it won't go up like the Cowboys.

      The team moved, time to get over it or step off!

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      • jamrock
        lawyers, guns and money
        • Sep 2017
        • 13235
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        #87
        Originally posted by Boltjolt View Post

        Wrong!...and it's slated to go up. What you wish for isn't the same as reality.

        http://www.forbes.com/teams/los-ange.../#65f594ef6264
        Interesting link. They have the Rams going to #4 on the list. All of the teams increase in value each year. Can't really say any increase is due to moving to Los Angeles.

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        • Boltnut
          Registered Charger Fan
          • Feb 2019
          • 5747
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          #88
          Originally posted by jamrock View Post

          Interesting link. They have the Rams going to #4 on the list. All of the teams increase in value each year. Can't really say any increase is due to moving to Los Angeles.
          Exactly. NFL teams increased value at 10.2% this year (compared to 10% for Chargers). In 2018, each NFL team's average value increased 2% (compared to Chargers 0%).

          When Rams moved from St. Louis to LA they jumped from 28th most valuable to 4th most valuable. When Raiders announced move from Oakland to Las Vegas, they added 1.5 billion to their worth (jumping from 31st to 12th).

          Again, the argument that the Chargers will add value to their brand by simply moving to LA doesn't hold water. They've actually grown less than NFL average since the move.

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          • Boltnut
            Registered Charger Fan
            • Feb 2019
            • 5747
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            #89
            The only thing that has increased substantially is their debt/value ratio... 36%. Only the Rams (86%) and Raiders (50%) are higher. But they both have revenue earning potential with new stadiums. Chargers are 31st in revenue earning... ahead of only the Raiders. But that is about to change once Raiders move into the new stadium. Unfortunately for Dean, he'll be stuck in last (revenue-wise) as a renter. He gets no revenue from the new stadium (compound) outside of what he can generate in luxury boxes (which are selling like snow cones in Alaska).

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            • jamrock
              lawyers, guns and money
              • Sep 2017
              • 13235
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              #90
              Originally posted by Boltnut View Post
              The only thing that has increased substantially is their debt/value ratio... 36%. Only the Rams (86%) and Raiders (50%) are higher. But they both have revenue earning potential with new stadiums. Chargers are 31st in revenue earning... ahead of only the Raiders. But that is about to change once Raiders move into the new stadium. Unfortunately for Dean, he'll be stuck in last (revenue-wise) as a renter. He gets no revenue from the new stadium (compound) outside of what he can generate in luxury boxes (which are selling like snow cones in Alaska).
              Critical because that was always the rationale Fabiani used to push for LA. He said the Chargers couldn't be "competitive" in San Diego without luxury box revenue and San Diego could not support luxury box revenue even with a new stadium

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              • Boltdiehard
                The Precious
                • May 2019
                • 2412
                • Send PM

                #91
                Originally posted by Boltnut View Post
                The only thing that has increased substantially is their debt/value ratio... 36%. Only the Rams (86%) and Raiders (50%) are higher. But they both have revenue earning potential with new stadiums. Chargers are 31st in revenue earning... ahead of only the Raiders. But that is about to change once Raiders move into the new stadium. Unfortunately for Dean, he'll be stuck in last (revenue-wise) as a renter. He gets no revenue from the new stadium (compound) outside of what he can generate in luxury boxes (which are selling like snow cones in Alaska).

                Fuckin brutal and the optics once the Chargers are in the new stadium are going to be pretty bad and the league will panic again and who the fuck knows what happens then.

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                • like54ninjas
                  Registered Charger Fan
                  • Oct 2017
                  • 8211
                  • Great White North
                  • Draftnik
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                  #92
                  The Bolt organization is actually in a good financial situation in LA.
                  The only real obligations they have is the $650 mil in relocation fee ($65 mil a year for 10 years). Easy enough. $1 yearly rent and the PSL fees (regardless of how little it is). Lux boxes will sell in time.

                  Now if the Bolts can field a Championship team, or two, over the next 3-5 years. They will be a new shiny toy in the town of winners. Revenues will flow. Big IF but a much better situation than SD.

                  SD is a great city just not a sports city.


                  My 2021 Adopt-A-Bolt List

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                  • Panamamike
                    Registered Charger Fan
                    • Jun 2013
                    • 4141
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                    #93
                    Originally posted by jamrock View Post

                    Critical because that was always the rationale Fabiani used to push for LA. He said the Chargers couldn't be "competitive" in San Diego without luxury box revenue and San Diego could not support luxury box revenue even with a new stadium
                    That and the fact they couldn't get a stadium deal done in SD....even with a plan to have visitors pay for the damn thing. SD is a great city...gorgeous...but it is a dog of a sports town. Even worse politically, and that is tough to do.

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                    • richpjr
                      Registered Charger Fan
                      • Jun 2013
                      • 21183
                      • Nashville
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                      #94
                      Originally posted by Panamamike View Post

                      That and the fact they couldn't get a stadium deal done in SD....even with a plan to have visitors pay for the damn thing. SD is a great city...gorgeous...but it is a dog of a sports town. Even worse politically, and that is tough to do.
                      The sad reality is that with the mayor and the hoteliers against it, it was not happening anywhere in San Diego unless the Spanos family funded the stadium himself, which we all know they didn't have the capital to do. All of Fabiani's posturing and all of the other stuff mentioned really didn't matter because of those two things. With San Diego not an option, why not try LA? That stings for us San Diego fans but the Q is not sustainable. Now we see LA is turning out to be the worst case scenario for everyone as far as building support. Unless they win a Super Bowl very soon, I have no idea what the league will do with the embarrassment that will be Charger home games.

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                      • Velo
                        Ride!
                        • Aug 2019
                        • 11115
                        • Everywhere
                        • Leave the gun, take the cannolis
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                        #95
                        I always felt they should have renovated the Q and made it a modern stadium. But they said that wasn't an option. Even though a stadium like Lambeau, which is older than the Q, has been successfully remodeled repeatedly and is considered one of the best venues in the NFL. Maybe Wisconsin could teach California a few things about know how and will.

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                        • Bolt-O
                          Administrator
                          • Jun 2013
                          • 32359
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                          #96
                          Originally posted by Velo View Post
                          I always felt they should have renovated the Q and made it a modern stadium. But they said that wasn't an option. Even though a stadium like Lambeau, which is older than the Q, has been successfully remodeled repeatedly and is considered one of the best venues in the NFL. Maybe Wisconsin could teach California a few things about know how and will.
                          The problem with the stadium is that the city deferred maintenance for so long that it would have cost as much to build a stadium new from scratch. Lambeau and Soldier are designated landmarks, so they may have had no real choice in building new, but my guess is that those stadiums were kept up better than old SD Stadium. Renovations would probably only get back to where the Stadium should have been... but no upgrades to sight lines, or to the number of skyboxes, etc.

                          Of course, no one knows the real picture unless you were on the inside of negotiations between the Chargers and the City. I'm not caring anymore if there is a team in the city, it was poorly handled by all parties.

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