The teams that hope to build an NFL stadium in Carson, California have commissioned an economic impact analysis of the project. As expected, it would generate plenty of money -- and plenty of jobs.
The Los Angeles County Development Corporation estimates that a venue shared by the Chargers and Raiders would create more than 16,000 jobs for the construction, and more than 13,000 jobs for all ongoing stadium-related activity.
The study also estimates that construction would generate $1.1 billion in local labor income and $118 million in state and local taxes. The study estimates that, with two teams playing there, the stadium would generate $609 million per year in local labor income, and $60 million in state and local taxes.
The numbers aren’t surprising; the NFL has become a gigantic business operation, and a two-team stadium undoubtedly would churn out the cash. The simple reality is that the proposed stadium in Inglewood, California likely would have a similar impact, if two NFL teams play there.
And so the question remains which stadium can win the race to get the appropriate clearances to break ground? While the economic impact study doesn’t answer that question, it makes it even more clear that a return to L.A. by the NFL is closer than it’s ever been.