City report states Qualcomm Stadium needs repairs
Qualcomm Stadium, the home of the San Diego Chargers, will require nearly $80 million in maintenance and repairs over the next seven years, according to a study by the city.
Per the report, which was obtained by the San Diego Union-Tribune, the city will lose more than $10 million annually operating the stadium between now and 2020 whether the Chargers continue to call it home or not.
The team’s lease at the stadium runs through 2020 and the Chargers can break it in advance by paying a termination fee that is about $24 million right now. While the San Diego Padres got a new baseball park, the Chargers’ bid for a new stadium has gone on for a decade without success. It’s unlikely the city will get a Super Bowl again until there is a new football stadium.
The city owns Qualcomm Stadium and tough decisions must be made at that level as the team continues to consider its options moving forward. Los Angeles is consistently mentioned as a landing spot for the Chargers.
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Brad Biggs covers the Bears for the Chicago Tribune