Disney chairman and CEO Bob Iger has been chosen to oversee the plan to build a NFL stadium in Carson, California that would serve as the home to both the Chargers and Raiders.
As non-executive chairman for Carson Holdings, the venture started by the Chargers and Raiders, Iger will pick a president to oversee the day-to-day operations, reports ESPN. The National Football League still has to approve the plan, which would involve a $1.7 billion stadium built on a 168-acre area south of downtown Los Angeles.
Carmen Policy, the executive director of Carson Holdings, told the Los Angeles Times that hiring Iger is a “game changer” for the project.
“We now have the kind of leadership and expertise that should calm any concerns about any NFL teams going into L.A. and getting off on the right foot and pursuing the right course,” Policy added. “And certainly if you’re going to do two teams it really lends a layer of talent and experience, plus unbelievable know-how to the whole effort.”
ESPN, which is owned by Disney and airs NFL games, reports that Iger will only be paid $1 and will be able to buy a small stake in either team, although he doesn’t plan to do so while still at Disney.
The Chargers, who have been in San Diego since 1961, and the Raiders, who moved to Oakland in 1995, started the Carson project in February. The Carson City Council also approved the project. The St. Louis Rams are also looking to move to Los Angeles.
There has been a critical error on your website.<\/p>
Learn more about debugging in WordPress.<\/a><\/p>","data":{"status":500},"additional_errors":[]}