Group recommends Chargers pay $300M toward $1.3 billion stadium

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Monday, May 18, 2015

SAN DIEGO -- The mayor's advisory group is recommending that the Chargers contribute $300 million toward a new $1.33 billion stadium, with the NFL giving $200 million, the city and county $121 million each and personal seat licenses totaling $120 million.

Under intense pressure from the team and the NFL, the advisory group released its financing plan Monday, saying there won't be tax increases or increases to the city's general fund, and that the financing plan doesn't rely on development to pay for the stadium, parking or infrastructure.

The Chargers are threatening to leave for the Los Angeles area unless they get a deal they like to replace aging Qualcomm Stadium.