Source: Naming deal reached for planned LA stadium (AP)
LOS ANGELES – A structure care worth up to $1 1000000000 could make Los Angeles more enticing to an NFL team.
An recreation company proposing a structure in the city's downtown has reached a denotive rights care with Farmers Insurance. A mortal familiar with the negotiations tells The Associated Press on weekday that AEG would intend $700 meg over 30 years if the concern builds its designed structure and lures an NFL aggroup to the country's second-largest market.
The person, who spoke on information of anonymity because they were not commissioned to intercommunicate publically about the contract, says AEG module intend $1 1000000000 if it places two NFL teams.
The lessen was regular to be declared Tuesday.
AEG spokeswoman Cassandra Zebisch declined to comment. Farmers spokesman Jerry Davies did not return a call.
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