Why the Oakland Raiders aren’t moving to Los Angeles

Jan 30, 2015; Phoenix, AZ, USA; NFL commissioner Roger Goodell speaks during a press conference for Super Bowl XLIX at the Phoenix Convention Center. Mandatory Credit: Matthew Emmons-USA TODAY Sports

Relocation fee

If Davis really wanted to move to LA and the owners wanted him to, he still couldn’t pull it off. According to CBSSports, the relocation fee is going to be somewhere from 500-to-$600 million. There are also some rumblings out there that the relocation fee could cost up to a cool $1 billion.

According to NBC.com, the NFL can adjust the fee based on if they want to encourage or discourage the move. The NFL already doesn’t want the Raiders to move so imagine what that price would be for them. Kroenke is the only one of the three owners that plans to apply for relocation that we know can afford it.

Many like to throw Disneyland CEO Bob Iger’s name out there like he’s the savior but the savior was last seen around 2,016 years ago and when he comes back, it’s not to take the Chargers and Raiders to LA. Plus Iger is just there to help with the stadium experience, the branding and the corporate sponsors.

He’ll have a chance to buy into the Chargers or Raiders for helping the move work. But there’s no guarantee he’ll help because Disneyland got involved with the NHL’s Mighty Ducks and MLB’s Los Angeles Angels of Aneheim. And as you can see, neither the Mighty Ducks nor the Angels have become big-ticket franchises in their respective sports.

So if you thought Iger would be of any help with the relocation fee, you can forget about that. His net worth is around $100 million, not enough for you to expect to him to even put a dent in the relocation fee. Davis would have to sell a controlling interest in his team just for the relocation fee without the stadium.

Next: Kronke vs Spanos