Menu
Facilities

Report: Qualcomm Stadium Needs Nearly $80M In Maintenance, Repairs

A city of San Diego report found that Qualcomm Stadium needs $79.8M “in maintenance, repairs and improvements over the next seven years,” according to Schrotenboer & Hall of the SAN DIEGO UNION-TRIBUNE. The study indicated that the city “will continue to lose more than $10 million a year operating the stadium through 2020 regardless of whether the Chargers stay, get a new site in San Diego or leave the county.” The report said that in any of those three scenarios, the “projected annual operating loss for San Diego” is $10.6-13.8M through '20, excluding “bond debt payments and any maintenance or improvement work.” The Chargers’ Qualcomm Stadium lease runs through '20 and the team “can break it each year by paying an early termination fee, currently about” $24M. Chargers Special Counsel Mark Fabiani said, “We believe we’ve presented some better alternatives. If people don’t want to pursue those alternatives, then obviously the city has to make decisions about what to do with the building, and the decisions will only get more difficult as the building gets older.” Fabiani called the report the “most extensive review of the deferred maintenance that’s ever been done.” Attorney David Watson, who was Chair of the city’s Citizens’ Task Force on Chargers Issues in '02, said, “If there was no question at all that the Chargers were going to stay then it might be worthwhile to put forth the effort to make all the repairs you’re talking about. But if the Chargers leave, they (city officials) better have a plan to justify that.” The report, conducted by contractors AECOM and Magellan Consulting, did not address “what to do with the stadium if the Chargers leave or if the city should build a new stadium for the team.” If the Chargers leave San Diego County, the city “would have to consider the viability of maintaining the stadium for San Diego State football games (six or seven home games per year), plus two bowl games in late December as its major tenants” (SAN DIEGO UNION-TRIBUNE, 5/21).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2011/05/23/Facilities/Qualcomm-Stadium.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2011/05/23/Facilities/Qualcomm-Stadium.aspx

CLOSE