Sports business leaders excel at meeting challenges, but meeting this particular challenge has proved elusive for some very specific reasons discussed by the panel of experts. First, the cash that will be generated from NFL broadcast rights is fixed until 2020 and will not change whether Team #24 is in Los Angeles or Jacksonville. Second, the impending change of ownership of the Los Angeles Dodgers creates continuing uncertainty about whether the new owner will pursue a Madison Square Garden type strategy and seek to cross-promote multiple teams in different sports. Third, since Los Angeles does not have a large market of Fortune 500 scale corporate customers with the resources to sign ten year deals for suites and group sales programs, the foundations for obtaining bank financing for stadium construction, advance marketing and team relocation is minimal compared to large corporate markets like Atlanta or Dallas. And finally, San Diego is not farther from much of the LA area's football fans than the Dallas Cowboy's Texas Stadium is from the suburbs northeast of Dallas and transferring the loyalty of many Southern California football fans to "Brand X" in Los Angeles will require great marketing savvy.
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