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Saturday, January 14, 2017

Los Angeles fans boo Chargers’ logo at Lakers-Clippers game – FOXSports.com

FOXSports.comThe Chargers’ move to Los Angeles has taken a beating since it was formally announced Thursday, particularly in the logo-changing department. First, the new logo was hammered relentlessly for looking like nothing more than a knockoff. Then, the team …Chargers hire Anthony Lynn to guide team in new LA homeLos Angeles TimesChargers admit mistake, ditch […]

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Kay Felder assigned to Charge for tonight’s game in Los Angeles – Canton Repository

Canton RepositoryThe Cleveland Cavaliers have assigned rookie guard Kay Felder to the NBA Development League’s Charge for their game tonight at the Los Angeles D-Fenders. The 5-foot-9 Felder has appeared in one game with Canton, totaling 33 points, seven rebounds … and more …read more From:: Los Angeles Sports News By Google News

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Uber Driver Killed, Passenger Critically Injured in 2 Car Hit-And-Run-Crash in South Los Angeles; Driver Identified – KTLA

KTLAThe fatal crash happened about 3:40 a.m. at Arlington Avenue and West Martin Luther King Jr. Boulevard, the Los Angeles Fire Department reported. Iverson was pronounced dead at the scene, while the male passenger was taken to a local hospital in … and more …read more From:: Los Angeles News By Google News

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Los Angeles Kings vs. Winnipeg Jets Game Preview – FOXSports.com

FOXSports.comAfter a commanding victory against the St. Louis Blues, the Los Angeles Kings will look to carry that momentum into their match with the Winnipeg Jets tonight at 7:00 PM Pacific Time. Jake Muzzin and Tanner Pearson each had multiple goals against the … and more …read more From:: Los Angeles Sports News By Google […]

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The Latest: Hundreds rally for immigrants in Los Angeles – Journal Times

Journal TimesDemonstrators gather for a rally supporting immigrant rights, Saturday, Jan. 14, 2017 in Chicago. Immigrant rights advocates are planning demonstrations across the country in what they’re calling a “first salvo” against President-elect Donald Trump’s … and more …read more From:: Los Angeles News By Google News

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Los Angeles Chargers revamp new marketing logo — again – Washington Post

Washington PostFor the third time in as many days, the Los Angeles Chargers have redesigned what they’re calling their temporary marketing logo. On Thursday, when the team announced they were leaving San Diego for L.A., the Chargers floated a navy blue and white logo …Los Angeles Chargers change logo for the third time in 2 […]

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Chargers exec reveals why the team changed logos three times in 36 hours – FOXSports.com

FOXSports.com… however, as the team unveiled a third Los Angeles-based trademark before the end of the day on Friday. Finally, on Saturday, Chargers president of business operations A.G. Spanos explained just what happened in a statement provided to NBC Sports.Chargers hire Anthony Lynn to guide team in new LA homeLos Angeles TimesThe Chargers are now […]

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This Lott-Oakland Raiders Term Sheet Change Could Keep NFL From Relocation

This Lott-Oakland Raiders Term Sheet Change Could Keep NFL From Relocation - Video

This Lott-Oakland Raiders Term Sheet Change Could Keep NFL From Relocation The Oakland Raiders Owner Mark Davis is said to intend to file for relocating his NFL team to Las Vegas some time between now and February 15th of this year. And, yes, for the second time in as many years. Why Mark Davis hates Oakland so much is a question he will not answer. Since Oakland has a mayoral election every four years, blaming Mayor Libby Schaaf for his actions is nothing more than bull-corn. But, whatever the reason, here we are again dealing with another Davis move that shows he's great at alienating his fan base. Or does he really want to do that? According to comments by NFL Senior Vice President Eric Grubman, the former Goldman Sachs partner who's the league's stadium point person, the problem with the proposal that was assembled by The Oakland City Pro Football Group, or called “The Lott Group” with Fortress Investments is that the NFL and the Raiders were not given the chance to own the stadium land. Here's the main part of the term sheet which is of concern to Grubman and the Raiders: “The City and the County will also convey approximately 105 net acres of real property at the Coliseum Site, with conveyance of another possible 25 net acres at the Coliseum Site (i.e., the 10 acre Arena site and the 15 acres reserved for a possible A's ballpark) contingent on that property being added to the Project Site under the conditions set forth in the Project Components discussion above, to the Lott Group pursuant to the terms of the DDA (together, the "Land Conveyance"). (The terms under which the Transit Hub Site will be conveyed for the Project will be negotiated by the City and the Lott Group during the Exclusive Negotiation Period.) The land transaction described above has an estimated value of approximately $150 million. The consideration for the Land Conveyance will be the grant of participation rights in Project revenues by the Lott Group to the City and County as further described below.” Note that the sole organization that gets the Coliseum site is “the Lott Group.” The problem with the term sheet is that, while it mentions a desire to partner with the National Football League, it does not hold out the NFL and the Raiders as true, equal partners in the deal. That is the reason for Grubman's reaction and claim that the new Fortress deal is no different than what has been done in the past. So, with that in mind, here's my suggested adjustment in the Lott-Oakland Raiders Term Sheet: First: “The City and the County will also convey approximately 105 net acres of real property at the Coliseum Site to the National Football League and The Oakland Raiders in partnership with The Lott Group, and under terms to be determined via all parties, and with conveyance of another possible 25 net acres at the Coliseum Site (i.e., the 10 acre Arena site and the 15 acres reserved for a possible A's ballpark) contingent on that property being added to the Project Site under the conditions set forth in the Project Components discussion above, to the Lott Group pursuant to the terms of the DDA (together, the "Land Conveyance"). (The terms under which the Transit Hub Site will be conveyed for the Project will be negotiated by the City and the Lott Group during the Exclusive Negotiation Period.) The land transaction described above has an estimated value of approximately $150 million. The consideration for the Land Conveyance will be the grant of participation rights in Project revenues by the National Football League and The Oakland Raiders in partnership with The Lott Group to the City and County as further described below.” The change adds the following words: “to the National Football League and The Oakland Raiders in partnership with The Lott Group, and under terms to be determined via all parties”. In effect, the Lott Group would be acquiring the land on behalf of the NFL and the Oakland Raiders, and then agreeing to a deal structure where the NFL and the Raiders control most of the stadium land, and the Lott Group controls all of the additional 25 acres of property. That sets up an entirely different business relationship than what currently exists. It's a simple change to make, and according to preliminary conversations I have had with some involved in the matter, it's a good idea to pursue. My simple point is to give them what they want. Take away as many avenues to the Raiders and the NFL relocating out of Oakland without spending tax dollars. Stay tuned.
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Atlanta Falcons Beat Seattle Seahawks On To NFC Championship Game

Atlanta Falcons Beat Seattle Seahawks On To NFC Championship Game - Video

Atlanta Falcons Beat Seattle Seahawks On To NFC Championship Game
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Atlanta Falcons Beat Seattle Seahawks On To NFC Championship Game

Atlanta Falcons Beat Seattle Seahawks On To NFC Championship Game - Video

Atlanta Falcons Beat Seattle Seahawks On To NFC Championship Game
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This Lott-Oakland Raiders Term Sheet Change Could Keep NFL From Relocation

This Lott-Oakland Raiders Term Sheet Change Could Keep NFL From Relocation - Video

This Lott-Oakland Raiders Term Sheet Change Could Keep NFL From Relocation The Oakland Raiders Owner Mark Davis is said to intend to file for relocating his NFL team to Las Vegas some time between now and February 15th of this year. And, yes, for the second time in as many years. Why Mark Davis hates Oakland so much is a question he will not answer. Since Oakland has a mayoral election every four years, blaming Mayor Libby Schaaf for his actions is nothing more than bull-corn. But, whatever the reason, here we are again dealing with another Davis move that shows he's great at alienating his fan base. Or does he really want to do that? According to comments by NFL Senior Vice President Eric Grubman, the former Goldman Sachs partner who's the league's stadium point person, the problem with the proposal that was assembled by The Oakland City Pro Football Group, or called “The Lott Group” with Fortress Investments is that the NFL and the Raiders were not given the chance to own the stadium land. Here's the main part of the term sheet which is of concern to Grubman and the Raiders: “The City and the County will also convey approximately 105 net acres of real property at the Coliseum Site, with conveyance of another possible 25 net acres at the Coliseum Site (i.e., the 10 acre Arena site and the 15 acres reserved for a possible A's ballpark) contingent on that property being added to the Project Site under the conditions set forth in the Project Components discussion above, to the Lott Group pursuant to the terms of the DDA (together, the "Land Conveyance"). (The terms under which the Transit Hub Site will be conveyed for the Project will be negotiated by the City and the Lott Group during the Exclusive Negotiation Period.) The land transaction described above has an estimated value of approximately $150 million. The consideration for the Land Conveyance will be the grant of participation rights in Project revenues by the Lott Group to the City and County as further described below.” Note that the sole organization that gets the Coliseum site is “the Lott Group.” The problem with the term sheet is that, while it mentions a desire to partner with the National Football League, it does not hold out the NFL and the Raiders as true, equal partners in the deal. That is the reason for Grubman's reaction and claim that the new Fortress deal is no different than what has been done in the past. So, with that in mind, here's my suggested adjustment in the Lott-Oakland Raiders Term Sheet: First: “The City and the County will also convey approximately 105 net acres of real property at the Coliseum Site to the National Football League and The Oakland Raiders in partnership with The Lott Group, and under terms to be determined via all parties, and with conveyance of another possible 25 net acres at the Coliseum Site (i.e., the 10 acre Arena site and the 15 acres reserved for a possible A's ballpark) contingent on that property being added to the Project Site under the conditions set forth in the Project Components discussion above, to the Lott Group pursuant to the terms of the DDA (together, the "Land Conveyance"). (The terms under which the Transit Hub Site will be conveyed for the Project will be negotiated by the City and the Lott Group during the Exclusive Negotiation Period.) The land transaction described above has an estimated value of approximately $150 million. The consideration for the Land Conveyance will be the grant of participation rights in Project revenues by the National Football League and The Oakland Raiders in partnership with The Lott Group to the City and County as further described below.” The change adds the following words: “to the National Football League and The Oakland Raiders in partnership with The Lott Group, and under terms to be determined via all parties”. In effect, the Lott Group would be acquiring the land on behalf of the NFL and the Oakland Raiders, and then agreeing to a deal structure where the NFL and the Raiders control most of the stadium land, and the Lott Group controls all of the additional 25 acres of property. That sets up an entirely different business relationship than what currently exists. It's a simple change to make, and according to preliminary conversations I have had with some involved in the matter, it's a good idea to pursue. My simple point is to give them what they want. Take away as many avenues to the Raiders and the NFL relocating out of Oakland without spending tax dollars. Stay tuned.
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What Is Instigate? Marc Canter Posts Question

What Is Instigate? Marc Canter Posts Question - Video

What Is Instigate? Marc Canter Posts Question Marc Canter posted a sheet with a question: what is Instigate?
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SpaceX Launches First Rocket Since Explosion – CBS Local

CBS LocalLOS ANGELES (CBSLA.com) – Hawthorne-based SpaceX launched a Falcon 9 rocket for the first time Saturday morning since a fireball engulfed a similar rocket on a Florida launch pad more than four months ago. The two-stage rocket, which is carrying 10 … and more …read more From:: Los Angeles News By Google News

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The Chargers are now on their third new logo for move to LA – Kansas City Star (blog)

Kansas City Star (blog)There is nowhere to go but up for the Chargers. Since announcing their move from San Diego to Los Angeles on Thursday, the Chargers have now trotted out three different logos. After the first one was released and roundly ridiculed, word spread that it …Los Angeles Chargers announce their new head coachFOXSports.comSan […]

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Uber driver killed, passenger critically injured in hit-and-run crash in South Los Angeles – Los Angeles Times

Los Angeles TimesAn Uber driver was killed, and a passenger was critically injured when two cars crashed early Saturday in South Los Angeles, a fire official reported. The fatal crash happened about 3:40 a.m. at Arlington Avenue and West Martin Lither King Jr … and more …read more From:: Los Angeles News By Google News

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City Council critic accused of racist threats sues Los Angeles – Los Angeles Times

Los Angeles TimesAn Encino attorney accused of making racist threats against Los Angeles City Council President Herb Wesson has filed a federal lawsuit against the city, arguing that his free speech and other constitutional rights were violated. Wayne Spindler, who has … …read more From:: Los Angeles News By Google News

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NFL Free Agency: Could DeSean Jackson head to Los Angeles Rams instead of Eagles? – NJ.com

NJ.comThe Los Angeles Rams have a new head coach in Sean McVay, the 30-year old offensive coordinator who will be hiring away from the Washington Redskins. Could Washington wide receiver DeSean Jackson be following him instead of reuniting with the …Rams have a new leading man in Coach Sean McVayLos Angeles TimesRams: McVay’s leadership became […]

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Goldman Sachs No Salve For Oakland Raiders Sheldon Adelson Issues In Las Vegas

Goldman Sachs No Salve For Oakland Raiders Sheldon Adelson Issues In Las Vegas - Video

Goldman Sachs No Salve For Oakland Raiders Sheldon Adelson Issues In Las Vegas The Oakland Raiders Owner Mark Davis has reportedly told the members of the finance and stadium committees of the NFL Owners Group that the organization has a plan to finance the construction of a new stadium with or without Las Vegas Sands CEO Sheldon Adelson. That's a tall order that, when one starts to think about it, doesn't really pass the stadium financing smell test. Take a look at why with me. Oakland Raiders: $500 million Nevada Subsidy $750 million Stadium Cost Gap 1 $350 million Total Stadium Cost $1.6 billion The problem is that without Sheldon Adelson's help, there's still a $350 million stadium cost gap that would have to be filled if the total cost was $1.6 billion and not $1.9 billion. Its not enough for the Raiders to say that Goldman Sachs will finance the stadium without Adelson, and because they're not investors – they're investment bankers. Goldman Sachs's speciality is in bonds and loans for, in this case, the construction of NFL stadiums. If they were to give the $350 million to fill the gap, it would have to be matched by some stadium-related revenue stream that would throw off $350 million over some period of time. Think about this. Goldman is not going to just say, “Hey Raiders! Here's $350 million, and don't worry because you will not have to pay us back!” You believe that's the case, you're a fool. What Goldman would want is what Sheldon Adelson wants, and that means a percentage of stadium revenues necessary to raise $350 million. Where would that come from? Well, the Raiders have already pledged $500 million from stadium-related revenues and NFL loans. But really that's just $200 million from the sale of personal seat licenses. So, right off the bat, the Raiders have to shave off $550 million in stadium revenue to help pay for it's construction. Chances are, naming rights will be about $150 million at best, which gets The Raiders less than halfway to the mark. The remaining gap would have to be filled by luxury box revenue, but when you start to run those numbers, the remaining answer means the Raiders would wind up using all of their luxury box revenue for stadium construction, and nothing would be left over for the team's use. Think about it. Let's say the proposed Oakland Raiders Las Vegas NFL stadium has 137 luxury boxes, each costing an average of $80,000. Assuming a 100 percent sales rate – all 137 suites – that comes to $10,960,000 a year. Over a 30 year period (the length of the bond issue tied to the Nevada Subsidy of $750 million) that comes to $328 million. So we could use luxury box revenue to fill most of the $350 million gap, or we would wind up using $178 million of that if the Raiders landed a naming rights agreement of $150 million. That still means The Raiders would use 54 percent of luxury box revenues for stadium construction. And that's if the stadium manages to cost $1.6 billion – if it went to $1.75 billion or higher, then both naming rights revenues and luxury suite revenues would be entirely used to pay for the stadium's construction. The Raiders would use 100 percent of both sources – no money for the team. Mark Davis can't be happy with that prospect. Moreover, I can't see how his meeting with the NFL Owners, who know this as well as I do, went so well at all. Davis can't do this without Adelson or another investor. That group or person is going to want their cut – there's no avoiding it. Davis' only way is by having development around the stadium – but that calls for a new developer and investor. Kind of like Majestic Realty. Remember them? The ones who brought $150 million? Bet Davis wishes he had them back in about now. Davis should stay in Oakland.
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Goldman Sachs No Salve For Oakland Raiders Sheldon Adelson Issues In Las Vegas

Goldman Sachs No Salve For Oakland Raiders Sheldon Adelson Issues In Las Vegas - Video

Goldman Sachs No Salve For Oakland Raiders Sheldon Adelson Issues In Las Vegas The Oakland Raiders Owner Mark Davis has reportedly told the members of the finance and stadium committees of the NFL Owners Group that the organization has a plan to finance the construction of a new stadium with or without Las Vegas Sands CEO Sheldon Adelson. That's a tall order that, when one starts to think about it, doesn't really pass the stadium financing smell test. Take a look at why with me. Oakland Raiders: $500 million Nevada Subsidy $750 million Stadium Cost Gap 1 $350 million Total Stadium Cost $1.6 billion The problem is that without Sheldon Adelson's help, there's still a $350 million stadium cost gap that would have to be filled if the total cost was $1.6 billion and not $1.9 billion. Its not enough for the Raiders to say that Goldman Sachs will finance the stadium without Adelson, and because they're not investors – they're investment bankers. Goldman Sachs's speciality is in bonds and loans for, in this case, the construction of NFL stadiums. If they were to give the $350 million to fill the gap, it would have to be matched by some stadium-related revenue stream that would throw off $350 million over some period of time. Think about this. Goldman is not going to just say, “Hey Raiders! Here's $350 million, and don't worry because you will not have to pay us back!” You believe that's the case, you're a fool. What Goldman would want is what Sheldon Adelson wants, and that means a percentage of stadium revenues necessary to raise $350 million. Where would that come from? Well, the Raiders have already pledged $500 million from stadium-related revenues and NFL loans. But really that's just $200 million from the sale of personal seat licenses. So, right off the bat, the Raiders have to shave off $550 million in stadium revenue to help pay for it's construction. Chances are, naming rights will be about $150 million at best, which gets The Raiders less than halfway to the mark. The remaining gap would have to be filled by luxury box revenue, but when you start to run those numbers, the remaining answer means the Raiders would wind up using all of their luxury box revenue for stadium construction, and nothing would be left over for the team's use. Think about it. Let's say the proposed Oakland Raiders Las Vegas NFL stadium has 137 luxury boxes, each costing an average of $80,000. Assuming a 100 percent sales rate – all 137 suites – that comes to $10,960,000 a year. Over a 30 year period (the length of the bond issue tied to the Nevada Subsidy of $750 million) that comes to $328 million. So we could use luxury box revenue to fill most of the $350 million gap, or we would wind up using $178 million of that if the Raiders landed a naming rights agreement of $150 million. That still means The Raiders would use 54 percent of luxury box revenues for stadium construction. And that's if the stadium manages to cost $1.6 billion – if it went to $1.75 billion or higher, then both naming rights revenues and luxury suite revenues would be entirely used to pay for the stadium's construction. The Raiders would use 100 percent of both sources – no money for the team. Mark Davis can't be happy with that prospect. Moreover, I can't see how his meeting with the NFL Owners, who know this as well as I do, went so well at all. Davis can't do this without Adelson or another investor. That group or person is going to want their cut – there's no avoiding it. Davis' only way is by having development around the stadium – but that calls for a new developer and investor. Kind of like Majestic Realty. Remember them? The ones who brought $150 million? Bet Davis wishes he had them back in about now. Davis should stay in Oakland.
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More candidates say they’re running for Xavier Becerra’s congressional seat, bringing field to 16 – Los Angeles Times

Los Angeles TimesTwo other candidates said Friday morning they will join the race to replace Rep. Xavier Becerra (D-Los Angeles) in the 34th Congressional District. William Rodriguez Morrison, a Republican, and Tenaya Wallace, a Democrat, have not yet filed papers with … and more …read more From:: Los Angeles News By Google News

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LA Chargers Moving As San Diego Comic Con Dwarfs NFL

LA Chargers Moving As San Diego Comic Con Dwarfs NFL - Video

LA Chargers Moving As San Diego Comic Con Dwarfs NFL
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LA Chargers Moving As San Diego Comic Con Dwarfs NFL

LA Chargers Moving As San Diego Comic Con Dwarfs NFL - Video

LA Chargers Moving As San Diego Comic Con Dwarfs NFL
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Los Angeles Chargers Hire Anthony Lynn as Head Coach – Chargers.com

Chargers.comThe Los Angeles Chargers made their first official transaction on Friday, naming Anthony Lynn as the team’s new head coach. Lynn, 48, joins the Chargers after serving as the Buffalo Bills Assistant Head Coach and Running Backs Coach in 2015-16.Why I Predicted Spanos Would Move The Chargers To Los AngelesForbesChargers’ move shows California is done […]

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