Tuesday, January 12, 2016

NFL poised for L.A. move after 20 years of hard bargaining with cities. (Reuters)

By Robin Respaut SAN FRANCISCO (Reuters) - With resistance mounting to public financing of sport stadiums, the National Football League this week aims to follow through on two decades of threats to relocate franchises to Los Angeles. Both teams, along with the Oakland Raiders, have applied for relocation to L.A., which because of its standing as one of the nation's largest media markets is still able to draw the interest of teams without big subsidies. The last of many teams to flirt with a move to Los Angeles - the Vikings - used the leverage to extract $500 million from Minnesota taxpayers in 2012.

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