Los Angeles relocation fee to be $550 million per team

The first day that the St. Louis Rams, San Diego Chargers and Oakland Raiders can apply for relocation is Monday.

NFL Media Insider Ian Rapoport reported Sunday on NFL Network's GameDay Morning that all three teams will file. It isn't a surprise that the three teams that have been jockeying for position to move to Los Angeles will apply.

More interesting is the relocation fee an owner must pay for the right to move a franchise, which Rapoport reported is $550 million per team that relocates to L.A.

Only teams that are approved to move would be required to pay that hefty fee.

There are currently two separate groups vying for the move to Los Angeles: Rams owner Stan Kroenke plans to build a stadium in Inglewood. The Raiders and Chargers jointly have plans to move to Carson.

Whichever team or teams get left out of the L.A. mix, the league is expected to help secure a new home, per Rapoport.

Some other tidbits on potential relocation from RapSheet:

  1. Heading into the January 12 meeting on relocation, no side right now is set to get the 24 votes needed to approve a move. There will need to be a compromise.
  1. The Rams will not accept St. Louis' stadium plan.
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