Matt Dunham / Associated Press
The predicted cost of the new Los Angeles Rams stadium in Inglewood, California, which is due to open in 2020, has reportedly exceeded $ 4 billion. On Monday, Daniel Kaplan of the Sports Business Journal reported that the investment of Ram's owner Stan Kroenke and wife Ann Walton Kroenke is more than double the next highest total for an American sports venue ($ 1
Reasons for the increased costs include access roads, utilities, and ensuring that the stadium can withstand an earthquake per chaplain. The final grand total could reach $ 5 billion if the new building of the NFL network is included in the equation.
Los Angeles Stadium at Hollywood Park is also expected to host the Los Angeles Chargers, although the Rams are the primary equity partner in high school.
Kroenke, who Forbes estimates to have a net wealth of $ 8.3 billion, said in January he lamented the lack of home ownership of the Rams in their temporary home, the Los Angeles Memorial Coliseum
"In two years we'll be in a new stadium and I think we can have a real home advantage as many teams do," said Kroenke ] Josh Peter by USA Today , "We do not really have it now."
The Rams were 26th in the NFL in average attendance (63,392) in 2017, according to ESPN.com. The Chargers, playing in the StubHub Center, finished last (25,335).
The new stadium will have a capacity of 70,240, which can be extended to over 100,000 for major events.