The estimated cost of the entire Inglewood stadium project that will house the Rams and Chargers is approaching $5 billion.
That estimate covers construction of the stadium, nearby parking, a 6,000-seat performance theatre, infrastructure and other aspects of the larger 298-acre retail, office and entertainment district that the stadium will anchor.
The cost of the stadium alone was originally projected to cost $2.6 billion.
The NFL will also make the area their West Coast home base.
The privately funded project will host the Super Bowl LVI in 2022 and the opening and closing ceremonies for the 2028 Los Angeles Olympic Games.
“As home to the Rams and Chargers, and now NFL Media, the LA Stadium and Entertainment District will be an attraction for NFL fans year-round,” said NFL Commissioner Roger Goodell. “Thanks to Stan’s vision, we know Hollywood Park will be the place to be – not just for football, but for entertainment and events, for living and for working. We are excited for NFL Media to join this transformative project.”