SD mayor vows “good and fair deal” to subsidize Chargers stadium

San Diego Mayor Kevin Faulconer gave his State of the City speech yesterday, and make clear that he wants citizens to know that he’s committed to throwing money at the Chargers for a new stadium, but not throw it, you know, too wildly:

Delivering his first “State of the City” address, Faulconer said he would assemble a group of civic leaders to recommend a location either in Mission Valley or downtown and a financing plan that is “a good and fair deal for San Diego taxpayers.” He said he would then seek voter approval.

“At no point in San Diego’s history has the possibility of the Chargers moving to Los Angeles been more real,” he said. “When the next season ends, we’ll be talking about the proposal to keep them here where they belong.”…

“Both the stadium and convention center are vital to San Diego,” he said. “Together or separately, we can get both done.”

You know what they say about negotiations: The most important thing is to say up front that it’s “vital” for you to see the project happen, because then you eliminate any leverage to walk away if the price tag gets too expensive. (Editor’s note: They don’t actually say that.)


One comment on “SD mayor vows “good and fair deal” to subsidize Chargers stadium

  1. Step up San Diego taxpayers. Californians need to shed their rep as stadium funding pikers and give til it hurts. NFL owners need you! 1-800-publicstadiumcash, call today!