Inglewood stadium complex has $5 billion price tag

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They say it takes money to make money, but the new NFL stadium being built in L.A. will need to make a lot of money to justify the money it will take to build it.

Via Vinny Bonsignore of the L.A. Daily News, the complex being privately financed by Rams owner Stan Kroenke currently has an estimated price tag of $5 billion. That includes everything that goes along with it in a 298-acre development that will have the stadium as its nucleus.

The project, where both the Rams and Chargers will play, also will have 200,000 square feet for use by NFL Media, making it the rent-free home of NFL.com and NFL Network. That surely went a long way toward getting the owners to pick Inglewood over the Chargers-Raiders proposal in Carson.

For Kroenke, the revenue will come from plenty of things other than 20 Rams and Chargers home games. He wouldn’t be spending the money, with zero public dollars involved, if he didn’t think a significant return on the investment were looming.

For the Rams, the enhanced game-day experience coming from a state-of-the-art stadium should result in more fans showing up for the game, and in turn more noise. Rams G.M. Les Snead addressed this dynamic during a recent visit to PFT Live.

29 responses to “Inglewood stadium complex has $5 billion price tag

  1. You need to split out what the actual stadium cost is versus that of the hotel, stores, clubs etc he’s building.

    Kraft spent about 350 million building Gillette Stadium, but I have no idea how much the Patriot Place complex of stores, restaurants, nightclubs, movie theater etc cost that is around the stadium.

    Its also Kroeke’s choice to build a billion dollar plus palace of a stadium instead of a cost effective one like Gillette, which is still a great experience to go to.

  2. Liberalsruineverything says:
    March 29, 2018 at 12:29 pm
    That will be funny to see a $5 billion half empty stadium. Only in California.

    well, the whole complex is $5 billion.. stadium is probably half that..

  3. $5 billion? $10 billion? Whatever…, It’s a privately financed venture. Hallelujah!

  4. Will the average NFL fan be able to afford a ticket?

    >>

    Nope.
    -Average Viking fan.
    Long gone are the cheap seats at the dome, and the noise we made

  5. Why wouldn’t they listen to the “Mark Cuban is right” PFY experts before building something this expensive for a league that won’t exist in 19 years according to experts on bere

  6. Last game at the coliseum was 50% Niners fans 30% rams fans and 20% empty. Gonna take a lonnnnnnnng time to make that money back Stan.

  7. Everything costs more in California and this is the USA what the Roman Coliseum was to the Roman Empire. Since it’s being financed privately and will be a boon to the local economy, the NFL, and Kroenke, maybe the concept actually works. Nobody would have any problem if the NFL’s best facility were to host the Super Bowl every four years.

  8. Last game at the coliseum was 50% Niners fans 30% rams fans and 20% empty. Gonna take a lonnnnnnnng time to make that money back Stan.
    —–
    That’s a lot of Niner fans at a Rams – Falcons game…. odd. They must have almost all been wearing Rams jerseys from what I saw.

  9. Gillette stadium started construction in 99 or 2000. Thus the cheap cost so that’s a moot point. I can see all the disgruntled St Louis fans still praying Kroenke bites the dust. He is in the business to make money not friends. St Louis failed on their end of the bargain well before Kroenke bought the team. Went to a few games in St Louis and have to be honest. One of the worst football atmospheres I have ever been to. Entire area is run down For half time entertainment people ran around the field trying to catch grocery store gift card. They did it with shopping carts. Then they come up with some half baked stadium on the banks of a river that’s smells of the pollution. Comparing business opportunity Kroenke has at his new place vs the podunk stadium they came up with when they realized he was really leaving town was a joke. Majority of the “ millions “ of supposed tourist go to St Louis for conventions and to see the Arch and because it’s dirt cheap to have a conference there. Been there many times on that note and as a whole the City of St Louis is a sewer dump site

  10. melsredmazda3 says:
    March 29, 2018 at 1:06 pm
    Liberalsruineverything says:
    March 29, 2018 at 12:29 pm
    That will be funny to see a $5 billion half empty stadium. Only in California.

    well, the whole complex is $5 billion.. stadium is probably half that..

    That will be funny to see a $5 billion half empty “complex”. Only in California.

  11. Fan InDenial says:
    March 29, 2018 at 3:02 pm

    5 Billion dollars- what a waste of resources that could have been spent helping people
    ——————-
    Like providing jobs, sales of materials, etc.

  12. No question St Louis is an ashtray. But, Kroenke is by no means a saint or the end of all ends moneymaker. Take away his Walmart wife and he never builds his real estate empire based on locations for Walmart stores. Without that he is nothing but the country bumpkin he was running an apparel store in Columbia MO. He is not a self made billionaire.

  13. Maybe the folks in Cally-forneea can use the stadium as a sanctuary for the fine folks who walk across our border without permission. I think it would be just great to arrest 50k of them at one time. And just for fun, they could pay an exit fee of $200 that we could put towards our great wall.

  14. Not a cent of public money. We in LA weren’t going to give him anything for the stadium. Sure, he got tax breaks, but the taxpayers didn’t cave in to the NFL unlike other desperate cities. We even got a team who begged its way into LA and no one even wants that team. Eff Dean Spanos.

  15. If it makes you California haters any happier, I had to drive through 2 miles of fog this morning. It was HORRIBLE. I’ll write back later – about to tee off.

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