L.A. Chargers: A good economic bet, despite risks?
EconoMeter looks at alternatives to smooth out revenues in good times and bad
from San Diego Union Tribune’s EconoMeter panel.
Q: Are financial rewards of moving to Los Angeles worth the risks to the Chargers?
Bob’s Answer: No.
This is a small town team with owners who are better suited to San Diego.
Los Angeles will have a larger market for personal seat licenses but the valuations are in a bubble due to television dollars that will be dramatically reduced when technology allows people to watch games from anywhere. If they lose on the field, the risks increase.
Their best bet is to leverage the Rams and NFL and come back home.
Read more answers here.