Report: Prospective Los Angeles owner in talks with five NFL teams

Posted June 10, 2011 @ 10:15 a.m.
Posted By PFW staff

The push to bring the NFL back to Los Angeles could be gaining steam.

Billionaire Philip Anschutz is seeking to acquire a majority stake of an NFL franchise and has spoken to officials with five different NFL teams — Minnesota, San Diego, Oakland, St. Louis and Jacksonville — about a sale, Anschutz Entertainment Group president Tim Leiweke told the Orange County Register. The team would play at Farmers Field, the downtown stadium proposed by AEG.

"St. Louis, Jacksonville, not extensively, certainly Oakland, San Diego, Minnesota are still in the mix," Leiweke told the Register. "We're not packing any (moving) vans right now."

Leiweke said AEG is willing to pay for an NFL team to break from its current lease and relocate to Los Angeles.

"Just as an example, if it's San Diego, they would have to pay $24 million under their agreement to get out of the lease," Leiweke said, per the report. "We would pay that."

He said he last spoke with an NFL team one week ago and that club is believed to be Minnesota, according to the Register. The Vikings are pursuing the construction of a new stadium of their own, but the team and Ramsey County are still working to overcome a funding gap in the financing of the stadium.