The San Diego Chargers have announced they will not relocate ahead of the 2015 season.

“It’s great news,” Mayor Kevin Faulconer said Tuesday night. “The Chargers belong right here in San Diego. I’m looking forward to working productively with them on a solution, and I’m confident we can achieve one together -- and one the public will support.”

The Chargers would have had to pay the City of San Diego $17.6 million to leave in 2015.

Chargers special counsel Mark Fabiani, the team’s point man in its quest to get a new stadium built, said in a statement that the Chargers will “keep working to find a publicly acceptable way to build a Super Bowl-quality stadium in San Diego. Calendar year 2015 will constitute the team’s (14th) year of work on a San Diego stadium solution.”