Rams' New Inglewood Stadium Reportedly Now Costs More Than $4 Billion

Tim Daniels@TimDanielsBRFeatured ColumnistMay 17, 2018

Stan Kroenke the owner of the Los Angeles Rams and the largest shareholder of English Premier League soccer club Arsenal stands on the field before an NFL football game against Arizona Cardinals at Twickenham Stadium in London, Sunday Oct. 22, 2017. (AP Photo/Matt Dunham)
Matt Dunham/Associated Press

The projected cost of the Los Angeles Rams' new stadium in Inglewood, California, which is scheduled to open in 2020, has reportedly exceeded $4 billion.

On Monday, Daniel Kaplan of the Sports Business Journal reported the investment by Rams owner Stan Kroenke and wife Ann Walton Kroenke is more than double the next highest amount paid for an American athletic venue ($1.7 billion for MetLife Stadium in East Rutherford, New Jersey).

Reasons for the increased costs include access roads, utilities and making sure the stadium could withstand an earthquake, per Kaplan. The final total could approach $5 billion when the new NFL Network building is factored into the equation.

Los Angeles Stadium at Hollywood Park is also expected to house the Los Angeles Chargers, though the Rams are the primary equity partner in the high-priced facility.

Kroenke, who Forbes estimates to have an $8.3 billion net worth, said in January he lamented the Rams' lack of home-field advantage in their temporary home, the Los Angeles Memorial Coliseum.

"In two years we'll be in a new stadium, and I think we can have a true home-field advantage like a lot of the teams do," Kroenke told Josh Peter of USA Today. "We don't really have it now."

The Rams finished 26th in the NFL in average attendance (63,392) in 2017, per ESPN.com. The Chargers, who are playing at the StubHub Center, ranked last (25,335).

The new stadium is going to feature a 70,240 capacity expandable to over 100,000 for major events.

Related

    Trying to Make Sense of NFL's Wild-Card Race 🧐

    Los Angeles Rams logo
    Los Angeles Rams

    Trying to Make Sense of NFL's Wild-Card Race 🧐

    Mike Tanier
    via Bleacher Report

    Studs and Duds from Rams' Embarrassing Loss to Eagles

    Los Angeles Rams logo
    Los Angeles Rams

    Studs and Duds from Rams' Embarrassing Loss to Eagles

    Cameron DaSilva
    via Rams Wire

    NFL Team Grades for Week 15 ✏️

    Los Angeles Rams logo
    Los Angeles Rams

    NFL Team Grades for Week 15 ✏️

    Kristopher Knox
    via Bleacher Report

    Most Dangerous Teams Still in the Playoff Hunt

    NFL logo
    NFL

    Most Dangerous Teams Still in the Playoff Hunt

    SI.com
    via SI.com