AEG president Tim Leiweke confirmed Thursday that his boss, billionaire Philip Anschutz, is prepared to purchase the majority ownership of an NFL team and relocate that team to Los Angeles, The Orange County Register reported.
Leiweke stated that he has spoken with five NFL franchises -- the Minnesota Vikings, San Diego Chargers, Oakland Raiders, St. Louis Rams and Jacksonville Jaguars -- and last chatted with one of the five organizations "a week ago."
"St. Louis, Jacksonville -- not extensively -- certainly Oakland, San Diego, Minnesota are still in the mix," Leiweke said, but clarified: "We're not packing any (moving) vans right now."
The newspaper speculates that last week's discussions were with the Vikings. NFL Network's Albert Breer reported that Leiweke was in Minneapolis in late May and did huddle with Vikings officials, setting off speculation that owner Zygi Wilf might be considering having his team fill Farmers Field, the company's proposed downtown Los Angeles stadium.
Breer reported that while such a move might not be entirely off the table, it's far from the reason that Leiweke was in town. A source with intimate knowledge of the situation told Breer that Leiweke's Minnesota trip was to tend to business with Target Center, the home of the NBA's Timberwolves and a property managed by AEG.
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The Vikings' preliminary agreement with Ramsey County to construct a $1 billion stadium in suburban Arden Hills, outside of Minneapolis, requires legislative approval, which remains uncertain and might depend on Gov. Mark Dayton and Republicans finding an initial fix for the state's $5.1 billion deficit.
Leiweke told The Register that AEG is ready to pay for any expense an NFL teams faces in getting out of its current lease.
"Just as an example, if it's San Diego, they would have to pay $24 million under their agreement to get out of the lease," Leiweke said. "We would pay that."