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Jerry Sanders

San Diego committee unveils plans for $1.1-billion NFL stadium

San Diego committee unveils plans for $1.1-billion NFL stadium

In hopes of persuading the Chargers to stay in San Diego, a mayoral committee Monday proposed a financial plan for building an approximately $1.1-billion NFL stadium -- a plan that includes major public contributions but not a tax increase. The plan would include $300 million from the Chargers, $200 million from the NFL, $173 million in construction bonds, $121 million from the city of San Diego and $121 million from San Diego County. Also, $225 million would come from the sale to a developer of 75 acres at the Mission Valley site, the current home of Qualcomm Stadium. The committee also estimated that more than $100 million could be raised from fans through personal-seat licenses and...

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