Tuesday February 10th, 2015

Posted by on February 10th, 2015  •  0 Comments  • 

  • NFL issues internal memo to 32-owners of National Football League, announcing the formation of a 5-member ‘Committee on Los Angeles’ headed up by Kansas City owner Clark Hunt.
  • NFL reminds all franchises, that the Committee will over see all applications for transfer of franchises and to make sure not violations of NFL consitution take place.  The NFL lost a $34M-lawsuit and had to compensate Raiders owner Al Davis, who won the right in court, to move from Oakland to Los Angeles.
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NFL Memo to Member Clubs.

 “In particular, as has been discussed on numerous occasions and confirmed in various memoranda, any decision to resume NFL team operations in Los Angeles will require multiple approvals from NFL ownership, which can only be granted by a three-fourths vote of the clubs. These decisions include selection of a stadium site; approval of stadium lease and financing arrangements; and debt ceiling and sharing waivers (if needed); relocation consent and terms; and Super Bowl awards, among other subjects. A key role of this Special Committee will be to preserve the voting rights of the clubs on each of these important issues.”

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