AEG: ‘Our Last Billion For LA .. Take It Or Leave it’

If Los Angeles is going to get a stadium that can house an NFL team, it needs three things:

LA Downtown Stadium map

1) The unmitigated financial backing of billionaire Phil Anschutz
2) State political support
3) The Chargers

At the moment, the financial support of AEG founder Anschutz for an L.A. Stadium is not yet a certainty, though AEG CEO Tim Leiweke has told two prominent California state politicians behind closed doors that his boss will fork over as much as $1 billion if they help facilitate AEG’s stadium deal for the city.

In a meeting with Speaker of the California Assembly John Perez, whose district happens to include where the proposed downtown stadium would be built, AEG Chief Leiweke told Perez three things: Read more…