"We are excited to unveil an expanded plan that will bring a world-class sports and entertainment district to Hollywood Park," Stockbridge founder Terry Fancher said. "We are committed to working with [the Kroenke Group] to build a project that will put Inglewood back on the map as home of the truly great sports and entertainment venues."
Stockbridge says the proposed state-of-the-art facility will have an 80,000-person capacity and a 6,000-seat "performance venue." Kroenke bought 60 acres of land in Inglewood, California, last year, sparking rumors of a Rams relocation. The franchise played in Los Angeles from 1946-1994, at which point it moved to St. Louis when it was unable to secure funding for a new stadium.
Kroenke finds himself in a similar situation in St. Louis two decades later. The Times report indicates the franchise and city are $575 million apart on improvements to the Edward Jones Dome, which has been its home since the move. According to their lease, the Rams are allowed to convert their 30-year agreement to a year-to-year deal in January. "St. Louis officials expected to have a new stadium proposal in a few weeks. This land purchase news coming out now ratchets up pressure," reported NFL Network's Ian Rapoport.
It's unclear how (if at all) the Chargers fit into a potential plan. The Rams and Chargers are in different conferences, so it's possible they could choose to share the stadium. The Oakland Raiders have also been floated as a potential relocator, giving Kroenke two options if he hopes to split the cost.
Neither the Rams nor the NFL commented on the Times report. The NFL has not been in the nation's second-largest city since 1994, when the Rams and Raiders moved to their current cities amid stadium funding issues.
source: bleacherreport.com By Tyler Conway