(TSX / STATS) — The respective moves of the Rams and Chargers to Los Angeles will cost both teams $645 million over a 10-year period beginning in December 2019, ESPN reported on Wednesday.
However, the Raiders’ move from Oakland to Las Vegas will cost them $378 million over 10 years beginning in the year they move, ESPN reported.
The 29 NFL teams that opted to remain in their current stadiums will receive a gross sum of $55.2 million over the next 11 years. The Rams and Chargers will not receive revenue from the Los Angeles relocation fees, but they will get a share of the Raiders’ fee.
The teams’ relocation fees are commensurate with the projected value increase of their moves.
The Green Bay Packers, who are the lone publicly owned NFL team, revealed Wednesday in their annual public reporting that the team will receive $27.1 million.
