Magic Johnson went onto the Jimmy Kimmel show last night to announce that he teamed up with AEG in trying to bring the NFL into Los Angeles!!! That was coupled up with the report out of Toronto that said that AEG is purchasing the 35% share of the Chargers!

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Los Angeles Chargers?
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If you are aware of any of the Los Angeles stadium building actions, AEG has a proposal to design a $725 million stadium in downtown Los Angeles featuring a retractable roof and 40 field-level suites among its 218 luxury boxes. AEG would not build the stadium without a commitment from an NFL team to move. AEG is an acronym for Anschutz Entertainment Group… as in Philip Anschutz (potential Chargers buyer)!!

AEG already has investments in other sports franchises and venues, co-founding Major League Soccer as well as multiple teams, including the LA Galaxy, Chicago Fire, Houston Dynamo, San Jose Earthquakes, New York / New Jersey Metro Stars, and the Kansas City Wizards. In addition, Anschutz owns stakes in the LA Lakers, LA Kings, and venues including the Staples Center, The O2 Arena (London), and the Home Depot Center.

If the report is true… BYE BYE San Diego!! (more…)