The stadium that had a naming-rights deal but no deal to build the stadium may never be a stadium.
According to SportsBusiness Daily, AEG chairman Philip Anschutz announced today that the company attempting to engineer the construction of a downtown L.A. NFL venue no longer is for sale, and that CEO Tim Leiweke will be leaving the organization.
It’s unclear what this means to the Farmers Field project, but Leiweke was spearheading the process. If AEG gets out of the NFL business, the process will be set back to square one.
Unless a team wants to play in a stadium built on Ed Roski’s land at in the City of Industry. And there’s no reason to believe any one wants to do that.