CARSON, Calif. (AP) — Disney CEO Bob Iger has agreed to lead the effort to build a stadium for the Oakland Raiders and San Diego Chargers in the Los Angeles area should NFL owners approve the teams' move, project organizers said in a statement Wednesday.
The announcement comes the same day that Oakland, San Diego and St. Louis make presentations to an NFL owners committee in New York on their own stadium plans to keep the Raiders, Chargers and Rams in their current cities.
Iger is set to serve under a five-year contract as non-executive chairman of Carson Holdings LLC, the joint venture to build a stadium on a 168-acre site in Carson, about 15 miles south of downtown LA, the statement said.
Iger would be the project's strategic leader — overseeing the design, construction and marketing of the stadium — and be responsible for hiring a president to lead day-to-day operations.
He'll have the option of acquiring minority, non-controlling ownership of either team.
Culled from Yahoo News.
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